Credit Card Offers Return To Those Who Are Qualified

Robert Wilkinson — Sat, 09 Oct 2010 06:20:09 +0000

Over the past few years we have witnessed a complete one-eighty in the way both credit card companies operate and the way consumers are using credit cards. Prior to the recession, credit card companies were practically giving away credit to anyone and everyone regardless of their ability to repay the debt. Consumers armed with easily obtained and in some cases excessive amounts of credit often made mistakes in the managing of that credit.

Photo by Gothem City via Flickr

When the recession hit, several things happened. Consumers began to fall behind on credit card payments or found themselves unable to pay them at all. New rules and regulations were put in place which require credit card companies to level the playing field with those who use their credit cards. High default rates and a new landscape in the industry resulted in many credit card companies pulling back on the credit card offers that were so easily obtained just a few years ago.

There are some signs that the economy is slowly starting to recover and with this recovery, credit card companies are once again sending out offers. This time around however, credit card companies are being a bit more picky about who gets offers and the terms that come with new accounts. Depending on your credit, you may have a mailbox full of offers or nary a one. Here we look at how your credit score will determine the type of offers you receive and the terms connected with each.

Bad Credit

The reality for millions of consumers hard hit by the recession is bad credit. If you fall in this category, specifically those with credit scores of 600 or below, expect credit card offers to be limited. For those accounts for which you do qualify, expect variable rates and an APR ranging from 19.9 percent to 29.9 percent. Annual fees have also returned and for those with poor credit, it could cost anywhere from $35 to $120 for the privilege of having the account. Lenders have always viewed those with bad credit as a higher risk, however in light of recent changes in the industry, credit card offers to those with poor credit are going to remain less than before the recession.

Average ...

What is a Good Credit Score?

Robert Wilkinson — Mon, 19 Apr 2010 14:20:03 +0000

In general, anything above 700 is considered a good credit score, but it’s not that simple. There are many different credit scoring systems with different scales — not to mention individual lenders have their own criteria. In short, a good credit score depends on the scoring system used and your particular lender. However, you can get a good idea of where you stand by getting your credit score and report.

If you don’t know your credit score yet, lets get them now before we continue.

Score	Get from	Cost
FICO	MyFICO.com	$15.95
TransUnion	Credit Karma	Free
Experian	Quizzle	Free
All 3	CreditReport.com	Free with credit monitoring trial*

* After accessing your credit score, you have to cancel the trial to avoid being charged for the service.

Credit Score Basics

In general, credit score is a number generated by a mathematical formula. This formula analyzes information in your credit report to derive your credit score — a number ranging from 300 to 850. Your credit score is a reflection of your credibility (credit worthiness).

Overall, your credit score does a very good job of predicting how likely you are to repay your debt. Therefore, lenders extensively use credit scores to determine whether or not to loan you the money and at what price (i.e., interest rate). Typically, people with higher credit scores get lower interest rates compared to the rates for people with lower credit score.

To give you an idea on how credit score affects interest rate, here’s an example of 30-year mortgage interest rate for a $300,000 loan from myFICO web site:

FICO® score	APR	Monthly payment
760-850	4.994%	$1,609
700-759	5.216%	$1,650
Related Searches: a general answer is anything above 720 However it is not that simple# Restore Your Fico Score – Part One Robert Wilkinson — Fri, 12 Feb 2010 23:20:28 +0000 While obsessing over a FICO score is not a good idea, this is a number that will have a lot of bearing in your life. This number determines whether or not you will be able to get a house, a new credit card, or in many cases, whether or not you will be able to rent an apartment. Lenders and businesses are relying on FICO scores more than ever, and it is have never been more important to make sure that your score is where it should be. If you are just starting to build up your credit history, this is the perfect opportunity to watch your score and see how different variable affect it. Over time, with proper management, you have the ability to get your FICO score up over 800, but it will take some work. If you have already made some mistakes and your score is under 600, don’t despair. There are plenty of ways that you can restore your FICO score. First, you need to know just how bad it is. You may even want to consider purchasing a subscription that will allow you to monitor your score over time. This helps you see what is happening with your credit and can provide you with advance notice if something is going wrong with your credit. We highly recommend monitoring your score, especially if you are getting ready to buy a house. Once you have an idea of the number you are working with, it is easier to begin the process of restoring your FICO score. The average American has a score that is around 680, which is considered satisfactory. A score over 720 is considered good, and above 775 is considered excellent. However, scores under 620 are considered to be very bad and it can be difficult to get a loan. The higher your score is, the less impact small good changes will have on it. For example, if you are already at 750 and keep making monthly payments, without opening any new cards, you probably won’t see much change. However, bad changes can have a very big impact on your score. For example, a collection can drop your score by as much as 20%, or a late payment may cause it to nosedive. It is a lot easier to see more changes when you are working with a lower score, especially when you are rebuilding your credit. If it is in the low 500s, or even lower than that, making little changes can actually give your score a nice bounce. If you do decide to use a credit score monitoring service, these bounces are a great motivator to keep up the good work. Now that you know what you are dealing with in terms of your credit score, it is time to work on putting together a plan that will help you restore it. Our next post will cover specific steps that you can take to get on the road towards a perfect score. One resource you should be sure to check out is the blog at Credit Karma. At Credit Karma, not only can you get a free credit score and offers from partners with a pro-consumer vision, but also find extremely relevant information about your credit score or credit cards such as: Relationship Between Age and Credit Scores, How Often Does Your Credit Score Change?, or How A Credit Card Limit Is Determined. Photo Credits: 1 Originally posted 2008-09-25 05:06:45. Republished by Blog Post Promoter Related Posts Avoiding Late Fees Robert Wilkinson — Mon, 08 Feb 2010 15:20:26 +0000 The absolute last thing that we need right now considering the economy is unnecessary late fees. The average fee that is charged for a late payment by a credit card company is a surprising $39 dollars. But when you are literally living from one paycheck to the next and trying to juggle the due dates for so many different bills, sometimes these painful late fees can seem completely unavoidable. Not only do late fees add to your mounding debt, but they also put you at risk of an increase in your credit card interest rates, because falling late on your payments makes you appear as if you are a larger risk to lenders. Understand your Deadlines It is important for you to get to know the policies for the lender you are working with. If payments are initially due on the first of the month but the late fee is charged after the 15th, you should not assume that your real deadline is the 15th. Your mortgage company may actually assess a late fee even if your check arrives even only a few hours late. If you are looking for wiggle room, take the time to do enough research that you know for sure how much time you have before a late fee is going to be assessed. Read the fine print on the back of one of your bills and give the company a call to confirm that you have the right understanding regarding your bills. This way, you can make sure that you know how much wiggle room you actually have, and you do not improperly estimate how much time you have to pay a bill. To make sure that you do not accidentally miss one of your payments, you should write down the due dates for the bills on the envelopes that you receive, and then you should stack all of your bills in order based on due date. You should also write the dates down on your calendar in a red pen, checking your calendar often to make sure that you do not have any bills that get overlooked or missed. Spreading Out Due Dates Another tactic for eliminating late fees is to spread out your due dates. If all of your bills are due right around the same time, then consider changing the dates on some of them to take better control of the situation. Most lenders are going to be willing to accommodate you by moving your due dates if it means helping you make your payments on time. If you start spreading all of your bills out over the span of the month, you will be able to manage your cash flow more easily because you are not becoming overwhelmed by all of your bills at one time. If you let the credit unions, credit card companies and other lenders know this fact, they should be accommodating for you. Photo Credits: Gemma Grace Originally posted 2009-10-07 03:35:52. Republished by Blog Post Promoter Related Posts Learning the Basics of Money Management For many people, the prospect of money management is just too much to handle. Nobody really enjoys being a bean counter, and if you're spending too much and having a good time doing it, money management may be the farthest thing from your mind. However, given the state of the...... Money ... Surprise! Peer to Peer Lending is Risky Robert Wilkinson — Wed, 20 Jan 2010 03:20:48 +0000 Earlier this week, Mark Gimein wrote a great article on TheBigMoney.com detailing, statistically, how risky person-to-person lending really is. I’ve always known it to be peer to peer lending or social lending, but the article calls out the riskiness of Prosper.com, the first and one of the largest of the peer lending networks. To look at the results of Prosper’s loan marketplace, though, is to see not a solution to the credit crisis, but a microcosm of it. Loans to unqualified borrowers; reliance on mathematical models that turn out to be a lot less useful than they seemed; failed hopes that high interest rates could make subprime loans profitable; sky high default rates—Prosper has it all. Prosper’s Web site advertises returns of 6 percent to 14 percent for lenders. But the reality is that the lenders who loaned $188 million through Prosper have not earned anything like these returns. On the contrary, the majority of them have lost money, as they’ve watched their loans go bad at shockingly high rates. The takeaway from the article isn’t that you should avoid Prosper, it’s that you proabbly ... The Pros and Cons of Social Lending Robert Wilkinson — Thu, 07 Jan 2010 03:20:06 +0000 Share This Photo: quaziefoto With faith in banks and credit card companies on the decline, more consumers are turning to social lending as an alternative to existing financial institutions for their borrowing needs. The worst offenders, credit card companies, have been lowering credit limits and increasing penalty fees and interest rates on even their most loyal customers. For this reason, frustrated credit card holders comprise one of the largest sectors looking into lending sites to refinance credit card debt. With interest rates as low as 7.8% at some social lending sites, 10% to 15% less than credit card companies and banks, consumers are giving this option a hard look. One reason lending communities can offer such low interest rates, is because they operate only online. The higher overhead and operating costs associated with brick and mortar facilities are not there. These savings are then transferred to both lenders and borrowers in the form of lower service fees and higher returns. Lending Club, one of the most popular person-to-person (P2P) lending sites, facilitates the selling of loans in the form of unsecured notes registered with the Securities Exchange Commission. The loans can be used for funding many of life’s necessities such as a baby on the way, buying a car, purchasing a home, paying off student loans or to cover medical bills. The site has become increasingly popular since 2007, mostly due to both the lending options it offers borrowers with various credit backgrounds and the investing opportunities it offers lenders. Advantages Borrowers who might not be able to get a loan through a bank because of a spotty credit history may have a better chance of getting one through a lending site, although it will cost more in terms of a higher interest. Sites like Lending Club offer a range of possibilities for consumers with varying credit scores. Those who have a good credit score can expect to pay around 7.89% per loan. Borrowers on the other end of the spectrum can pay as much as 21%. All loans have 3-year terms. Borrowers can ... 30% Off FICO Scores at myFICO.com Robert Wilkinson — Sat, 26 Dec 2009 21:20:05 +0000 Want to check your credit score to start off the new year? Here’s a current coupon for real FICO scores and all other credit products at myFico.com. Use the promotional code SURVEY30 to get 30% off and a FICO score for about $11, the best discount currently available: The code is good until December 30th, 2009 (although try it as it may still work even after that date). As a backup, you can also get 26% off with the codes DECEMBER26 or 26UNTIL2010 until 12/31/09. Experian no longer allows Fair Isaac to sell FICO scores to consumers at all, even though lenders still buy and use them. They sell their own FAKO (”FAKE-O”) version now. But since lenders almost always use real FICO scores in their decisions, those are the only ones you should pay for - if at all - in ... Borrow Money With Prosper & Lending Club Robert Wilkinson — Tue, 22 Dec 2009 23:20:41 +0000 Earlier this year, I hosted a guest post by Jonathan sharing his experiences with borrowing money from peer to peer lending network Prosper. Just recently, I received the following email from a reader singing their praises: I’ve borrowed twice now from Prosper and I love it. The first loan was $7000 at 8.65% for three years and the most recent was $8000 at 9.65% for three years. I got the 2nd in response to the credit cards jacking up my interest rate and slashing my credit limit no reason. I was so angry about the credit card behaviors that I wanted to get my debts as far away from them as possible. There is no hassle, I applied for the loan, watched people bid the initial interest rate down, and eventually got the cash. Once the loan was funded, they called me to verify who I was. You have to provide documentation that you are who you say. They direct deposit the money into the account you specify a day or so later. Benefits With lenders being very strict about who they offer loans to and credit cards slamming people with interest rate hikes and fees, borrowers are turning towards some atypical sources of funding to help pay down debt. Loans from peer to peer lending networks have some significant benefits: Fixed interest rate: Unlike credit cards, these loans have fixed interest rates that will not change. The rates can’t be lowered or increased simply because the lender “feels” like it or because some equation tells them you’re suddenly riskier. You can’t add to the debt: One of the difficulties with getting out of credit card debt is in the card itself. If you’re in debt, you can continue to pile on the expenses. That’s akin to digging your own grave when you think you’re filling in the hole! Loans ... Related Searches: Borrow Money With Prosper or Lending Club Over 25% Off Real FICO Scores at myFICO.com Robert Wilkinson — Sun, 15 Nov 2009 10:20:09 +0000 Need to check your credit score? Here’s a new coupon for 26% off real FICO scores and all other credit products at myFico.com. Use the promotional code NOVEMBER26 to get 26% off and a FICO score for less than $12, the best discount currently available: The code is good until November 30th (although try it anyways and see if it works after that date), so be quick about it. For the Equifax credit score only, you can get it for $10.95 using the code SW94608, which is over 30% off. You enter the promo code relatively late in the buying process, right before entering your credit card information. Look for this: Experian no longer allows Fair Isaac to sell FICO scores to consumers at all (even though lenders still buy and use them). They sell their own “FAKE-O” version now. Lenders ... Prosper P2P: $50 For New Lenders + Up to 2% Rebate Bonus Robert Wilkinson — Thu, 05 Nov 2009 01:20:10 +0000 Prosper.com was the first big name in the person-to-person lending space. Things have been quiet recently, as they took a while getting SEC approval for their investment notes. In addition, the problems with “old” Prosper included the fact that they let just about anyone apply for a loan in the beginning, including people with horrible credit who had been basically turned down everywhere else. Many lenders thought charging a 35% interest rate was enough - it wasn’t. But as this recent Washington Post article outlines, things are picking up in the P2P space. The way I see it, LendingClub (review, $25 bonus, performance update) basically looked at all the problems that Prosper ... Related Searches: rebate bonus

FICO® score

APR

Monthly payment

760-850

4.994%

$1,609

700-759

5.216%

$1,650

Restore Your Fico Score – Part One

Robert Wilkinson — Fri, 12 Feb 2010 23:20:28 +0000

While obsessing over a FICO score is not a good idea, this is a number that will have a lot of bearing in your life. This number determines whether or not you will be able to get a house, a new credit card, or in many cases, whether or not you will be able to rent an apartment. Lenders and businesses are relying on FICO scores more than ever, and it is have never been more important to make sure that your score is where it should be.

If you are just starting to build up your credit history, this is the perfect opportunity to watch your score and see how different variable affect it. Over time, with proper management, you have the ability to get your FICO score up over 800, but it will take some work. If you have already made some mistakes and your score is under 600, don’t despair. There are plenty of ways that you can restore your FICO score.

First, you need to know just how bad it is. You may even want to consider purchasing a subscription that will allow you to monitor your score over time. This helps you see what is happening with your credit and can provide you with advance notice if something is going wrong with your credit. We highly recommend monitoring your score, especially if you are getting ready to buy a house.

Once you have an idea of the number you are working with, it is easier to begin the process of restoring your FICO score. The average American has a score that is around 680, which is considered satisfactory. A score over 720 is considered good, and above 775 is considered excellent. However, scores under 620 are considered to be very bad and it can be difficult to get a loan.

The higher your score is, the less impact small good changes will have on it. For example, if you are already at 750 and keep making monthly payments, without opening any new cards, you probably won’t see much change. However, bad changes can have a very big impact on your score. For example, a collection can drop your score by as much as 20%, or a late payment may cause it to nosedive.

It is a lot easier to see more changes when you are working with a lower score, especially when you are rebuilding your credit. If it is in the low 500s, or even lower than that, making little changes can actually give your score a nice bounce. If you do decide to use a credit score monitoring service, these bounces are a great motivator to keep up the good work.

Now that you know what you are dealing with in terms of your credit score, it is time to work on putting together a plan that will help you restore it. Our next post will cover specific steps that you can take to get on the road towards a perfect score.

One resource you should be sure to check out is the blog at Credit Karma. At Credit Karma, not only can you get a free credit score and offers from partners with a pro-consumer vision, but also find extremely relevant information about your credit score or credit cards such as: Relationship Between Age and Credit Scores, How Often Does Your Credit Score Change?, or How A Credit Card Limit Is Determined.

Photo Credits: 1

Originally posted 2008-09-25 05:06:45. Republished by Blog Post Promoter

Related Posts

Avoiding Late Fees

Robert Wilkinson — Mon, 08 Feb 2010 15:20:26 +0000

The absolute last thing that we need right now considering the economy is unnecessary late fees. The average fee that is charged for a late payment by a credit card company is a surprising $39 dollars. But when you are literally living from one paycheck to the next and trying to juggle the due dates for so many different bills, sometimes these painful late fees can seem completely unavoidable. Not only do late fees add to your mounding debt, but they also put you at risk of an increase in your credit card interest rates, because falling late on your payments makes you appear as if you are a larger risk to lenders.

Understand your Deadlines

It is important for you to get to know the policies for the lender you are working with. If payments are initially due on the first of the month but the late fee is charged after the 15th, you should not assume that your real deadline is the 15th. Your mortgage company may actually assess a late fee even if your check arrives even only a few hours late. If you are looking for wiggle room, take the time to do enough research that you know for sure how much time you have before a late fee is going to be assessed.

Read the fine print on the back of one of your bills and give the company a call to confirm that you have the right understanding regarding your bills. This way, you can make sure that you know how much wiggle room you actually have, and you do not improperly estimate how much time you have to pay a bill.

To make sure that you do not accidentally miss one of your payments, you should write down the due dates for the bills on the envelopes that you receive, and then you should stack all of your bills in order based on due date. You should also write the dates down on your calendar in a red pen, checking your calendar often to make sure that you do not have any bills that get overlooked or missed.

Spreading Out Due Dates

Another tactic for eliminating late fees is to spread out your due dates. If all of your bills are due right around the same time, then consider changing the dates on some of them to take better control of the situation. Most lenders are going to be willing to accommodate you by moving your due dates if it means helping you make your payments on time. If you start spreading all of your bills out over the span of the month, you will be able to manage your cash flow more easily because you are not becoming overwhelmed by all of your bills at one time. If you let the credit unions, credit card companies and other lenders know this fact, they should be accommodating for you.

Photo Credits: Gemma Grace

Originally posted 2009-10-07 03:35:52. Republished by Blog Post Promoter

Related Posts

Learning the Basics of Money Management For many people, the prospect of money management is just too much to handle. Nobody really enjoys being a bean counter, and if you're spending too much and having a good time doing it, money management may be the farthest thing from your mind. However, given the state of the......
Money ...

Surprise! Peer to Peer Lending is Risky

Robert Wilkinson — Wed, 20 Jan 2010 03:20:48 +0000

Earlier this week, Mark Gimein wrote a great article on TheBigMoney.com detailing, statistically, how risky person-to-person lending really is. I’ve always known it to be peer to peer lending or social lending, but the article calls out the riskiness of Prosper.com, the first and one of the largest of the peer lending networks.

To look at the results of Prosper’s loan marketplace, though, is to see not a solution to the credit crisis, but a microcosm of it. Loans to unqualified borrowers; reliance on mathematical models that turn out to be a lot less useful than they seemed; failed hopes that high interest rates could make subprime loans profitable; sky high default rates—Prosper has it all. Prosper’s Web site advertises returns of 6 percent to 14 percent for lenders. But the reality is that the lenders who loaned $188 million through Prosper have not earned anything like these returns. On the contrary, the majority of them have lost money, as they’ve watched their loans go bad at shockingly high rates.

The takeaway from the article isn’t that you should avoid Prosper, it’s that you proabbly ...

The Pros and Cons of Social Lending

Robert Wilkinson — Thu, 07 Jan 2010 03:20:06 +0000

Share This

Photo: quaziefoto

With faith in banks and credit card companies on the decline, more consumers are turning to social lending as an alternative to existing financial institutions for their borrowing needs. The worst offenders, credit card companies, have been lowering credit limits and increasing penalty fees and interest rates on even their most loyal customers. For this reason, frustrated credit card holders comprise one of the largest sectors looking into lending sites to refinance credit card debt. With interest rates as low as 7.8% at some social lending sites, 10% to 15% less than credit card companies and banks, consumers are giving this option a hard look.

One reason lending communities can offer such low interest rates, is because they operate only online. The higher overhead and operating costs associated with brick and mortar facilities are not there. These savings are then transferred to both lenders and borrowers in the form of lower service fees and higher returns.

Lending Club, one of the most popular person-to-person (P2P) lending sites, facilitates the selling of loans in the form of unsecured notes registered with the Securities Exchange Commission. The loans can be used for funding many of life’s necessities such as a baby on the way, buying a car, purchasing a home, paying off student loans or to cover medical bills. The site has become increasingly popular since 2007, mostly due to both the lending options it offers borrowers with various credit backgrounds and the investing opportunities it offers lenders.

Advantages

Borrowers who might not be able to get a loan through a bank because of a spotty credit history may have a better chance of getting one through a lending site, although it will cost more in terms of a higher interest. Sites like Lending Club offer a range of possibilities for consumers with varying credit scores. Those who have a good credit score can expect to pay around 7.89% per loan. Borrowers on the other end of the spectrum can pay as much as 21%. All loans have 3-year terms. Borrowers can ...

30% Off FICO Scores at myFICO.com

Robert Wilkinson — Sat, 26 Dec 2009 21:20:05 +0000

Want to check your credit score to start off the new year? Here’s a current coupon for real FICO scores and all other credit products at myFico.com. Use the promotional code SURVEY30 to get 30% off and a FICO score for about $11, the best discount currently available:

The code is good until December 30th, 2009 (although try it as it may still work even after that date). As a backup, you can also get 26% off with the codes DECEMBER26 or 26UNTIL2010 until 12/31/09.

Experian no longer allows Fair Isaac to sell FICO scores to consumers at all, even though lenders still buy and use them. They sell their own FAKO (”FAKE-O”) version now. But since lenders almost always use real FICO scores in their decisions, those are the only ones you should pay for - if at all - in ...

Borrow Money With Prosper & Lending Club

Robert Wilkinson — Tue, 22 Dec 2009 23:20:41 +0000

Earlier this year, I hosted a guest post by Jonathan sharing his experiences with borrowing money from peer to peer lending network Prosper. Just recently, I received the following email from a reader singing their praises:

I’ve borrowed twice now from Prosper and I love it. The first loan was $7000 at 8.65% for three years and the most recent was $8000 at 9.65% for three years. I got the 2nd in response to the credit cards jacking up my interest rate and slashing my credit limit no reason. I was so angry about the credit card behaviors that I wanted to get my debts as far away from them as possible.

There is no hassle, I applied for the loan, watched people bid the initial interest rate down, and eventually got the cash. Once the loan was funded, they called me to verify who I was. You have to provide documentation that you are who you say. They direct deposit the money into the account you specify a day or so later.

Benefits

With lenders being very strict about who they offer loans to and credit cards slamming people with interest rate hikes and fees, borrowers are turning towards some atypical sources of funding to help pay down debt. Loans from peer to peer lending networks have some significant benefits:

Fixed interest rate: Unlike credit cards, these loans have fixed interest rates that will not change. The rates can’t be lowered or increased simply because the lender “feels” like it or because some equation tells them you’re suddenly riskier.

You can’t add to the debt: One of the difficulties with getting out of credit card debt is in the card itself. If you’re in debt, you can continue to pile on the expenses. That’s akin to digging your own grave when you think you’re filling in the hole!

Loans ...

Related Searches:
Borrow Money With Prosper or Lending Club

Over 25% Off Real FICO Scores at myFICO.com

Robert Wilkinson — Sun, 15 Nov 2009 10:20:09 +0000

Need to check your credit score? Here’s a new coupon for 26% off real FICO scores and all other credit products at myFico.com. Use the promotional code NOVEMBER26 to get 26% off and a FICO score for less than $12, the best discount currently available:

The code is good until November 30th (although try it anyways and see if it works after that date), so be quick about it. For the Equifax credit score only, you can get it for $10.95 using the code SW94608, which is over 30% off. You enter the promo code relatively late in the buying process, right before entering your credit card information. Look for this:

Experian no longer allows Fair Isaac to sell FICO scores to consumers at all (even though lenders still buy and use them). They sell their own “FAKE-O” version now. Lenders ...

Prosper P2P: $50 For New Lenders + Up to 2% Rebate Bonus

Robert Wilkinson — Thu, 05 Nov 2009 01:20:10 +0000

Prosper.com was the first big name in the person-to-person lending space. Things have been quiet recently, as they took a while getting SEC approval for their investment notes. In addition, the problems with “old” Prosper included the fact that they let just about anyone apply for a loan in the beginning, including people with horrible credit who had been basically turned down everywhere else. Many lenders thought charging a 35% interest rate was enough - it wasn’t. But as this recent Washington Post article outlines, things are picking up in the P2P space.

The way I see it, LendingClub (review, $25 bonus, performance update) basically looked at all the problems that Prosper ...

Related Searches:
rebate bonus

Walk With Money » Lenders

Credit Card Offers Return To Those Who Are Qualified

Bad Credit

Average ...

What is a Good Credit Score?

Credit Score Basics

Related Searches:

Restore Your Fico Score – Part One

Avoiding Late Fees

Understand your Deadlines

Spreading Out Due Dates

Surprise! Peer to Peer Lending is Risky

The Pros and Cons of Social Lending

Advantages

30% Off FICO Scores at myFICO.com

Borrow Money With Prosper & Lending Club

Benefits

Related Searches:

Over 25% Off Real FICO Scores at myFICO.com

Prosper P2P: $50 For New Lenders + Up to 2% Rebate Bonus

Related Searches: