Lendingclub is a Peer-to-Peer lending network which matches individual lenders to individual borrowers. Their goal is to provide better loan rates to borrowers and higher returns to loan investors by cutting out the marketing, administrative, and infrastructure costs of the banking and credit card industries. According to their site, the average loan rate is 13.9% APR and the average return for investors is 9.5%, which is much - much higher than even the highest money market accounts, high … [Read more...]