The Lending Club operates a credit marketplace that allows peer-to-peer investing and lending. The way it operates allows the Lending Club to offer far lower rates than banks offer. If you are looking for a personal loan, then there is a good chance that the Lending Club will be able to offer you a better
There are many reasons why you may want peer to peer auto loans. You may be angry with your current bank or banks in general and want to take your business out of their hands. You may have a good credit rating and want to enjoy the lower rates of interest that peer-to-peer companies charge.
Prosper is a very large peer-to-peer lending and investing group. We heavily endorse peer-to-peer groups and companies in our articles because they help investors make an honest profit, and they take the lending power away from banks. The banks have screwed us all over in the most royal and blatant fashion over the last two