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Office Hours

Posts tagged: OfficeHours blog

If you plan to try out peer lending, here’s a tip from a successful blogger

Our recent Page 1 story about peer-to-peer lending gathered a few interesting online comments from readers.

One, from a Texan named Marc, was notable because he commented that in the past few months he managed to earn the “top return” position on Lending Club, one of the two major peer lending businesses. His current return is above 20 percent, based on numbers he's tracking from his investments at lendingclub.com.

You can find more information about Marc's strategy to maximize his loans at http://lcp2p.blogspot.com/.

Disclosure:  We have no idea who Marc is, other than that he's apparently a smart guy who reads Office Hours and pays attention to lending strategies that work.

For data heads, we should add that Lending Club is one of the more transparent sites that offer a wide range of useful numbers and charts. For a sampling, here's the Lending Club main statistics page.

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The Spokesman-Review business team follows economic development in Spokane and the Inland Northwest.

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John Stucke John Stucke is a deputy city editor who helps build local news coverage and writes about health care, bankruptcy and rural affairs.

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Alison Boggs Online Producer Alison Boggs posts and manages content on spokesman.com and its social networking accounts.

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Scott Maben Scott Maben is a Deputy City Editor who covers North Idaho news and higher education.

Addy Hatch is the city editor, and formerly was business editor.

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