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In response to
"crowdfunding-ish -- (link)"
by
peggy ann m
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That makes sense. LC is similar in that the rate offered to you is based on perceived credit worthiness
Posted by
ty97
Aug 11 '14, 12:49
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Though LC's bread and butter seems to be mostly people who want to refinance any kind of debt (usually seems to be cc debt from my read), although there are other reasons like 'small business' 'major purchase' 'vacation' and the nebulous 'other'
But LC rates tend to, even at the 'best rated' end of the scale (A1) appears to be 6.03%
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