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Thousands of people across the nation are finding that a person to person loan is a great option, whether trying to pay off your credit cards or start a small business. There are two places to get a peer to peer loan: Prosper and Lending Club.

Frequently asked questions

  • What is it like to get a Lending Club loan? Read my review of Lending Club.
  • What about a Prosper loan? Read my review of Prosper.
  • Which is better? Lending Club vs. Prosper for Borrowers

Recent borrower posts

Discover-Personal-Loans

January 28, 2014 in Borrower Help

Discover Personal Loans? 5 Reasons why Prosper is Better

For people who are looking for a loan, Discover can seem like a good option.…

9 Shares 0
Bad-Credit-Peer-to-Peer-Loan

January 20, 2014 in Borrower Help

Debt Consolidation Loan? 5 Reasons to use Lending Club

One of the most difficult things that happens to us in life is taking on…

1 Shares 0
Lending-Club-Beat-Credit-Card

January 13, 2014 in Borrower Help

Credit cards vs Lending Club loans: 5 great reasons

There are times in all of our lives where we need extra money. For example,…

0 Shares 0
Lending-Club-Pay-Day-Loans

January 4, 2014 in Borrower Help

5 Reasons to get a Lending Club Loan over a Payday Loan

All of us have had times in our lives when we did not have enough…

1 Shares 0
Lending-Club-Scam-or-Legit

May 6, 2013 in Borrower Help

Is Lending Club a Scam? 8 Reasons it’s Safe for a Loan

Lending Club says it offers great low rates on loans, but how can you trust…

19 Shares 0
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INTEREST RATES

Peer to peer loan vs. credit card

Excellent credit

7%

P2P LOAN

8.4%

CREDIT CARD

Good credit

8-16%

P2P LOAN

16.7%

CREDIT CARD

Fair credit

17-36%

P2P LOAN

23-35%

CREDIT CARD

LendingMemo Media is affiliated with both Lending Club and Prosper. See disclosure.

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featured articles

What is a peer to peer loan?
Review: How I got a loan through Lending Club
Review: How I got a loan through Prosper
Lending Club vs. Prosper for borrowers
Loan calculator for Lending Club and Prosper

Peer to peer lending made easy.

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NOTE: all content is for information purposes only and is not investment advice. Terms of Service · Privacy Policy · Affiliate Disclosure
© 2026 LendingMemo Media LLC // 217 E 24th St Ste 102P - Holland, MI 49423

Out of date

Hello dear visitor! This site used to be active but today is no longer being maintained. While some of the writing may be still enjoyable these years later, please do not rely on this site for current borrowing or lending information.

Simon Cunningham — January 2026