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Researching the Real Returns That Can Be Expected at Lending Club

Monday, May 3, 2010 - 7:20 AM
Jonathan at MyMoneyBlog has a done some good research into the historical returns from Lending Club, the popular person-to-person lending service. Here's an excerpt from his summary:
this data supports my opinion that the advertised 9.6% return is not something that you should expect. The oldest loans average an mere 2-4% annual return.
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Ken TuminKen Tumin5,472 posts since
Nov 29, 2009
Rep Points: 125,708
1. Tuesday, May 4, 2010 - 10:16 PM
I ask again --  why does a blog on conservative investing via government insured accounts have posts on peer to peer lending?   PPL is in an entirely different risk category!!!!
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AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,962
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