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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.
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!!!!
AnonymousAnonymous2,282 posts since
May 9, 2010
Rep Points: 3,962