Today there is no update for "Loan #1", which by the way, is now a legal binding note. I shall receive my first payment on 10/11/2010 as I stated in the previous post. I am very excited.

BUT, "Loan #2", has again increased by another 10% in funding, which equates to an additional $1,000 in funding. At this rate it will need another 6 days to become fully funded. This is great. More and more people are definitely agreeing with me. My blog is also getting a lot of unique traffic hits. I think in this recession more and more people are needing loans, or wanting to make money off the money they have saved. It's very interesting. There doesn't seem to be an in between with the two. Very unique times in America. So I say if you have money to spare, give your fellow citizen's a helping hand, while still earning a very handsome return rate due to the interest. Right now I am earning: 15.21%, and 19.21%. That is much better then the bank offers on a basic CD savings account. If you need money, Lending Club will most likely give you a better loan based on your credit, then the bank would. Either way it works out to your advantage.

I also added my twitter account to the side profile. Follow me!!



If you sign up under my referral link and have an initial investment of $500 or more, you and I will each earn $50. If you invest exactly $500, the $50 you receive is a 10% bonus if you do the math. Not bad. Do your own due diligence when investing, I am not responsible for your investments, nor am I employed or paid for advertisement in any manner by Lending Club.

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