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January 23, 2014 | CNN MONEY

Is Peer-to-Peer Lending Online the Future?

CNN looks at how Lending Club is disrupting traditional banking.

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Financial Innovation

If Lending Club’s expansion succeeds, it’s more likely that it will be the company that hooks you up when it’s time to buy that new car, send the kid to college, or pay off that high-interest credit card. And those with money to save will be more likely to lend it out for vastly better interest than the near-zero rates that bank savings accounts offer today.

reuters

Featured Borrower

Alex

"Getting engaged forced me to make some important financial decisions, so I consolidated several sources of debt with a single loan from Lending Club."