Lending Club now offers five-year peer-to-peer loans

lending club, borrow, loan, peer-to-peer, personal credit problems, personal loan, signature loan
lending club, borrow, loan, peer-to-peer, personal credit problems, personal loan, signature loan

For borrowers who are looking for a personal loan, but don't qualify for the best rates at their local bank, peer-to-peer lending might be a good solution. Recently Lending Club expanded its personal loan offering by providing 5 year personal loans to borrowers and investors.

"Sixty-month loans allow sound borrowers to manage monthly payments more comfortably with the great interest rates of our peer loans." said Rob Garcia, Sr. Director of Product Strategy with Lending Club in an email to WalletPop.