Let’s talk about earning monthly, weekly, or even daily passive income through something called Peer-to-Peer (P2P) Lending.
P2P lending is an alternative form of investing that allows you to directly lend money to borrowers and collect principal and interest (P&I) payments every month.
This book covers what Lending Club is, how it works, the ins-and-outs of how to make passive income through Lending Club, and my exact strategy that I use to earn over 8.5% ROI (as of this writing, I’m over 10%)
The best part about Lending Club is that it historically has a minimal correlation with stock market performance. This makes this an excellent alternative investment strategy when you’re concerned about stock market volatility.
Investing is a serious business and I won’t try to sell you on something that I’ve merely speculated on. I have been using the exact strategy outlined in this book for over a year and my returns have ranged from 8% to 11%.
As of this writing, I earn approximately $70 per month on a just under $7,000 balance in passive income in interest payments alone. This is paid out to me divided down on a near-daily basis.
I highly recommend starting with $2,500 or more. This minimum investment will limit your risk exposure, as you’ll see that I recommend 100 $25 loans to start, which will pay you just more than what you paid for this book in under 45 days from the time your money is allocated.
Interested? Here’s some more information about what to expect from this book.
What’s in the Book
- What Lending Club is, and how it works
- How to invest in Lending Club
- A detailed explanation of all key terms and screens, included with screenshots and how each section is included with my winning strategy
- How to use my winning strategy on autopilot so that once you start, you can simply sit back and earn passive income.
How Long Does It Take to Start Earning?
Realistically, my strategy is extremely conservative, meaning when you turn on automatic investing and put the strategy on autopilot, it may take several weeks for all of your money to allocate. This is to protect your investment as tightly as possible and you will thank me later.
After your money is allocated, you will start seeing earnings in the next 30-45 days. You will earn more money than you paid for this book in that time.
What Are The Requirements To Invest In Lending Club?
In order to invest with Lending Club, you need to meet these specific requirements:
- You must be 18 years old or older, with a valid social security number.
- You must deposit at least $1,000 into your account ($2,500+ for this strategy).
- As of the writing of this book (April 2020), residents of Ohio cannot invest in Lending Club.
- Residents of Alaska, Arizona, Florida, New Mexico, New York, North Carolina, North Dakota, Pennsylvania, and Texas can only invest on the secondary note market. If you live in any of these states, you will not be able to use automated investing that I use for the strategy discussed in this book. You WILL still be able to use my winning strategy, but you will have to do it manually.
How Does Lending Club Work?
When you sign up as an investor for Lending Club, you will connect your bank and deposit funds. Once your funds clear, you can use my strategy, or one of your own, to invest in notes.
Notes are graded from A1 to D5. A1 notes are considered the least risky and have the lowest return. D5 notes are the riskiest with the highest return. You will learn my strategy that uses a combination of A, B, C, and D notes AND how I select them in greater detail to maximize your passive income and minimize your chance for defaults.
Once your money is invested, you receive principal and interest payments each month until your principal is fully paid back.
What's the Catch? How Can You Earn Comparable Returns To The Market?
This screenshot was taken at the end of my 12th month with Lending Club. This is considered a high return after 12 months. In order to keep my rate high, I always reinvest my P&I payments.
In this book, you'll learn how I diversify my money with over 300 notes to keep my default rate at a minimum and get this return. You'll also learn the exact method I use to pick only the safest notes regardless of their note Grade.
I provide a complete breakdown of my portfolio in the book. While I can't guarantee you'll get my results, I can guarantee that Lending Club will earn you passive income if you implement my strategy.+
Below shows my first month of earnings on the platform using my strict filter. I opened my account in April 2019 and deposited $2,500. It took 2 weeks for the money to allocate and by the end of May I had $19.74. This book pays for itself in a single payout.
I am so confident that my strategy works that if you don't earn back the full price of this book in the first 60 days after your money is allocated, I will give you a full refund.
Check out Lending Club at https://lendingclub.com and grab the book today!
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