Anyone use Lending Club IRA? How is it?
I haven't tried the IRA. LendingClub is a great way to diversify.
i had 13k in lendingclub in 2012, now 17k. Slow and steady. I like it.
If you deposit money into a new Lending Club IRA by 4/30 (and invest by 6/30), you could receive a bonus of up to $3k (deposit $100k+). There's 5 incentive levels depending on how much you invest in a Lending Club IRA. And like everyone has said here: great way to diversify, consistent steam of passive income, and a hedge against stock market volatility. Yes, I do invest in the platform myself too.
used to be good money. now, can't trust Lending Club with their ex-CEO under indictment. check our Realty Mogul or other sites
Don't do it. It's PITA when you want to transfer out.
LendingClub has a secondary market + an API. You can buy notes with only a few months before maturity.
It takes ETERNITY to get rid of the notes by selling, unless you heavily discount them.
The IRA disbanded and now are just a bunch of drug dealers.