So, with the economy being as weird as it is lately, many of us are having problems finding some extra cash flow. You could run to the bank and get a home equity loan or something, but what if you don’t have any equity in your home? Well, then you have no choice but to ask Uncle Aldo and hope he doesn’t go crazy on the interest payments…you never want to be sent concrete shoes for Christmas!
Really, the only choice you have is to get an unsecured loan. Sure, the best option is to go to your bank for one, but you may want to shop around online. There are plenty of places offering low interest unsecured loans so you are really going to have an easy time finding the best deal.
Lending Club offers unsecured personal loans of up to $35,000, but you have to have good to excellent credit. So if you need to get a loan this is a good thing to know before going into your search. What Lending Club does is show you how to get a low interest loan by hooking you up with other investors who are willing to take the risk of lending you some money. They claim it eliminates the cost and complexity of your traditional bank lending.
Sounds like a good deal to me.
So go ahead and check it out and talk to their customer support about how to get your loan. You can pay off some bills, buy stuff for your house, or even buy yourself some beach time. Oh, and yes, I’m writing this because if you sign up with Lending Club, then I get an affiliate commission. Hey! I have to pay off my loans somehow! :)