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Showing posts with the label lendingclub

Seeking Crypto Analyst Role

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Jared is looking for a Crypto Analyst role within a larger organization, ideally a Crypto Hedge Fund. He brings to the table Digital Marketing Strategist experience after running his own company (Web Marketing LLC) along with experience investing in many coins and tokens since 2014.

Jared is an expert in Peer to Peer Lending and has invested in Pre-IPO companies as well as the Stock Market. He is talented at finding creative solutions in the alternative investment space and capitalizing on found opportunities.
Jared also has a Finance Degree from Northeastern University, having graduated in 2009 with honors. He has worked previously in the Portfolio Administration function at BlackRock, Inc.
Please contact him via Linkedin with opportunities: https://www.linkedin.com/in/jaredschlar/ He can also receive messages at 1.203.548.7736.

LendingClub  - The Fast Growth FinTech You Didn’t See Coming

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LendingClub (LC) has become a boon for borrowers as well as investors and has turned into a viable option in comparison to loans from banks. Let us look at reasons behind its fast growth. In the early days I used to get 20%+ returns annually from trading LendingClub notes. That rate of return has fallen but I still believe in LendingClub.com. I even still have the monthly statements to prove it. Also, LendingClub has extremely powerful network effects.

LendingClub and Its Utility for Borrowers and Investors
LendingClub is operating a unique credit marketplace which allows peer to peer lending as well as investing. Due to machine learning, crowd consensus and other mechanisms, LendingClub typically provides lower rates in comparison to what banks offer. For instance, in a recent interview with Bloomberg, LendingClub CEO Scott Sanborn states that customers save on average 24% interest, when borrowing with LendingClub.

Read more about LendingClub here.

LendingClub CEO Scott Sanborn tells Bloomberg: Customers save on avg 24% interest with LendingClub

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