So far, the only lending company that provide cash online is the Lending Club. Although there’s a lot of complaints about it, it’s the best no credit check cash loans online which requires no of your credit history.
Many investors who are affiliated with Lending Club have had many qualms in the years of its operation. While the company has long been supervised by the Security and Exchange Commission, there are still those who cry out lending Club scams over the company’s operations. This has been addressed by lending club over the years as it has constantly aimed to improve the policies and financial rates it fisrt set upon the company’s founding.
One crucial change is with the investment process that goes with static funds in the account. Other companies have long offered services to automatically invest static funds on new loans which meet a certain criteria set by the investor. While this has been a practice by many, Lending club has only but recently implemented a Premium service package that allows for this functionality with funds that lay dormant in the account.
A setback with their newly implemented service, however, is that unlike other companies, the premium service can only automate investments for loans that fall on a certain range and do not have more specific criteria to run on.