Anybody jumping on Lending Club? I didn't find out about until it was up 53% so I left it alone. It's close to 60% now. I actually wanted to lend money with them about 3 years ago but they're not authorized my my state.
Buddy of mine told me about this.
Said he was up about 15% on the year.
I did a little research, and it appears to be different level of investment $$ and some associated risk of payback/default.
But, where are ya'll getting the 60% though? Is it more than one particular loan vs. another? Is there an option more like a mutual fund combination of loans or something I missed?