Brian’s Initial Portfolio (June, 2013)

I should start off by posting the current statistics for my portfolio so that we can appropriately see the growth over the coming months. I’ll tell you now that there’s relatively not much in there (less than $1,000) but that just makes it all the more relevant to you, a normal working person. If you came here to learn about Lending Club and how to make some decent returns then you’re probably not going to invest more than $1,000 right off the bat anyways. You’re a hard working individual who doesn’t want to throw money into something they’re not sure of… that’s something we here completely understand.
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Welcome to LendingClub Statistics!

As the name implies, we are here to provide insight and statistics into the peer-to-peer lending industry. In short, companies like LendingClub and Prosper aim to cut out the middle man (banks) so average people like yourself can lend/borrow to other individuals around the U.S. For peer lenders, it is a great opportunity to earn fantastic yields. For borrowers, it gives them the opportunity to borrow money at an affordable rate while not being at the mercy of interest rates of credit cards, business loans etc.

Brian and I have both have accounts through LendingClub and will provide updates periodically of our experiences.

We hope you find the information here of value.

-Brian and Ryan