If this is the first of my Lending Club return updates that you’ve read, let me catch you up a bit.  It all started with a little Lending Club / Sharebuilder experiment.  It’s moved on past that, to an ongoing series here at Beating Broke where I share, on a quarterly basis, how the account [...]

The worst of the financial crisis and housing downturn is behind us, according to a recent report. Online marketing company RealtyTrac, says the number of home foreclosures in 2012 was 1.8 million. This figure is down 2.7% from 2011, and a whopping 36% from 2010. Despite the improving foreclosure data, many regions of the country [...]

Is a personal loan ever the right choice for you?  I’m not talking about payday loans, or those fun (or not) personal loans that happen in the back alley of a pawn shop, but honest to goodness personal loans from a bank.  Maybe you’ve heard them referred to as an unsecured loan. A personal loan [...]

One of the things that I’ve learned a little bit about since we bought our house, was something that I didn’t have a clue about when we first started looking.  Heck, I didn’t even have a clue about it after we bought out house.  Mortgage insurance was just something that the mortgage officer told us [...]

The housing market has been in a slump, since it crashed in 2008.  Here we are, three plus years later, and it just might be showing signs of making a bit of a comeback. I’ve got to admit that, here in North Dakota, we never really directly felt the housing market crash.  With all the [...]

Lending Club, the peer-to-peer lending company, announced earlier this week that they had surpassed the $1 Billion mark in loans originated and funded.  $1 Billion.  That’s a lot of moola.  Cashola.  Cream.  Dough. I don’t think it comes as any surprise that Lending Club has quickly become my favorite peer-to-peer lending companies.  It doesn’t hurt, [...]

Most of us reach a point in our lives when we think we are ready to buy our own home. If you’ve been thinking that yourself lately … pause for a minute and examine your reasons carefully. After all, home ownership is possibly the largest single investment of your lifetime and such a momentous decision [...]

Lending Club is a great tool for making some very nice passive income.  I’ve been using my account to invest some funds and see what I can do as far as a return, as well as to learn more about the service and what can be done with it.  As someone who lives in a [...]

One of the biggest purchases you will make over your lifetime is the purchase of a house.  Some will argue that purchasing a house is an investment.  But, if it’s your primary house that you intend to live in, it’s not an investment.  Sorry, it just isn’t.  If you intend to rent the house out, [...]

In order to be both a borrower and a lender at Lending Club, you have to open two accounts.  With two accounts, can your lender account fund your borrower account’s loan? One of the things that I occasionally do to find new ideas to write about is to go through the referral logs and look [...]