Free $100 for Investing $2500 at LendingClub

If the stock market has you spooked out, here is a good alternative. LendingClub.com is a people to people lending system where they let you lend money to other individuals. Savings/CD returns are extremely low. It's more risky, but returns should be higher.

Right now they are offering money for you to get started which gives you a 3-4% head start.

- Link to $100 return on $2500 investment (4% return)

- Link to $200 return on $5000 investment (4% return)

- Link to $300 return on $10000 investment (3% return)

Other Options
- Lendstats shows that prosper.com is a competitor, but they do not perform as well. Click here to sign up for Prosper.com

The idea is to spread out your loan to minimize risk.

For example, if you have $2500, don't let one individual borrow $2500, but instead,
100 different individuals borrow $25 each. That way if a few default, hopefully most will pay and you will still be profitable.

If you already have a LendingClub account or have a lot more than $10,000 you want to invest in peer-to-peer lending, LendStats shows a better return on Prosper.com

LendStats - Lendstats.com Prosper and LendingClub performance and lender statistics

- Link to Prosper.com

You should only loan $25 per loan, diversify~

Has anyone that is recommending or warning about LendingClub used the service?