Search This Blog

Thursday, August 6, 2009

$50 Lending Club Bonus

Good news! Lending Club’s bonus is back up to $50 for new lenders until August 15th. New Investors Get $50 to Invest in Lending Club notes. With average net annualized returns of 9.61% it’s a great time to join Lending Club and they will give you $50 to get started. To get the bonus type in trug49 in the referral code box. I think Lending Club notes are an asset class that could give your portfolio additional return, however these notes are unsecured so there is a large amount of default risk. In a portfolio of $10000, the maximum allocation would be $1000. Anything less would not make a significant impact but again there is little recourse to make borrowers repay.

No comments:

Post a Comment