Latest Personal Loan Offers: photo credit: norrelb With any investment or loan there needs to be an interest rate charged. Lending Club uses a formula that takes into account several factors, but it really begins with the assigning of a loan grade. The first step in getting any peer to peer loan on Lending Club [...]
Posts Tagged ‘Credit risk’
Peer to Peer Lending – How Interest Rates Are Set by Lending Club
March 8th, 2009 
davidguide 
Posted in Borrowers, Business Loans, How it Works, Investing, Loans 
Tags: Business, Credit risk, Interest rate, Investing, Lending Club Borrowers, Loan, Peer-to-peer, Person-to-person lending 
Comments Off