I've been debating the idea of doing peer-to-peer lending. I saw this question and am curious:
- What kind of success/failures have people seen from P2P lending?
Some sites require their users to have a certain level of income before joining, I think Lending Club required you make an annual salary of at least $70k and have something like $200k in liquidable assets, in order to join.
Has anyone joined w/o meeting those conditions? Did it affect the experience at all?