RateLadder Lending Club Update
Another late loan and another withdrawal. Eagerly awaiting the end of the “quiet period.” I think competition is good for the market and at the exact moment it feels like Prosper is the loan dog (pun intended) in the p2p lending market… Zopa provides a CD and Lending Club doesn’t have lenders. Will loanio launch at finovate startup? Are there others in stealth mode waiting to launch… Now seems like the time…
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I just took out more money as well. No use leaving it not earning interest.
I am glad (and lucky) to report that I still have not had one loan go late. Although, it is just a matter of time especially as gas prices continue to rise.