Friday, May 15, 2015

Lending money to earn a passive income

Basically you can lend (invest) money like a bank to people you don't know and Lending Club will take care of the rest, the lowest amount you can invest is $25 (not that much).  
The highest risk loan (risk meaning you could lose some or all of it) will earn 5.49% over one year and the riskiest loan will earn 13.55% over one year. 
So if you have the guts to get into this, then do it!

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