Posted in September 21st, 2009
The LendingClub is being very aggressive in trying to introduce new lenders to the world of peer-to-peer finance. In this day of 1-2% interest rates on certificates of deposit, finding a method for capturing some return on cash is very difficult. A CD at a FDIC bank is a no lose situation, but does it put the investor in a plus position? Well, certainly not if inflation begins to rear its ugly head – money locked in a 36 or 48 month CD at a rate of return lower than inflation will be devastat
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