LTAWACS Posted February 19, 2015 Share Posted February 19, 2015 Anyone know when they're opening up in Texas again? Or a comparable p2p lending site? Which one if any do you use? Quote Link to comment Share on other sites More sharing options...
kylejack Posted February 19, 2015 Share Posted February 19, 2015 Texas law makes it impossible for these companies. You can borrow, but you can't lend. Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted February 20, 2015 Author Share Posted February 20, 2015 Are "big banks" to blame? Quote Link to comment Share on other sites More sharing options...
Hastings Posted October 28, 2016 Share Posted October 28, 2016 I'm sure they didn't help the situation. They make enough money but still don't want the competition. I use a credit union. Federal banking institutions make me nervous. Quote Link to comment Share on other sites More sharing options...
UtterlyUrban Posted October 28, 2016 Share Posted October 28, 2016 53 minutes ago, Hastings said: I'm sure they didn't help the situation. They make enough money but still don't want the competition. I use a credit union. Federal banking institutions make me nervous. All federal credit unions are insured by the NCUSIF. State-chartered credit unions may be insured by the NCUSIF, or might have their own state insurance or private insurance. are you saying that your credit union is NOT federally insured? Quote Link to comment Share on other sites More sharing options...
LTAWACS Posted January 18, 2017 Author Share Posted January 18, 2017 That would be risky at best. Anyone here use LendingClub? I had numerous loans out at Prosper. They are now winding down... but the passive income stream was very nice. 19%. Quote Link to comment Share on other sites More sharing options...
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