LendingRobot provides automated investing in peer lending networks, including Lending Club, Prosper and Funding Circle, so that you can invest small amounts in thousands of different loans to produce higher returns at a lower risk.
LendingRobot can help you monitor your loan portfolios from multiple peer lending networks at no cost, or it can fully automate your investments for only .45% per year.
In addition, new clients can get up to $10,000 managed for free when you open a LendingRobot account today.
You can sign up for a free LendingRobot account to give it a try with no credit card or commitment required.
How LendingRobot Works
1. You simply connect 1 or all of your peer-to-peer lending marketplace accounts into a single LendingRobot account. LendingRobot supports Lending Club, Funding Circle, and Prosper.
2. Choose a fully automated investment strategy for only .45% per year or invest on your own to easily manage your marketplace accounts for free.
3. If you choose the automated option, LendingRobot scans for new loans and automatically invests your idle cash or sells your notes at your discretion.
LendingRobot is free for up to $5,000 in managed assets ($10k with referral) and only 0.45% per year above that, or it’s absolutely free if you just want to use their interface to monitor multiple lending networks at once.
Get up to $10,000 Managed Free with LendingRobot
All new LendingRobot customers receive your first $5,000 managed for free, but new customers can instead receive your first $10,000 managed for free when you sign up via another user’s referral link.
To get your first $10,000 managed for free with your new LendingRobot account, just sign up via this Referral Link that has been provided by a third party.
You can also visit LendingRobot.com directly and get your first $5,000 managed for free.
LendingRobot Referral Program
The LendingRobot referral program lets current users give new users $10,000 in managed funds for free, instead of the usual $5,000 that is available to all new customers.
The current LendingRobot client used to also receive an extra $5,000 in free managed funds for each new referral that was provided, but that offer has ended for current clients, and at this time, only the new client gets an extra $5,000 in funds managed for free.
According to their customer service, “the SEC has determined that offering such a bonus is similar to ‘solicitations’, which is highly regulated.”
So new customers can sign up via a referral link and get a total of $10,000 managed for free, but current customers do not receive any type of incentive for providing referrals at this time.
Still, if you have a LendingRobot referral link to share, so that other new users can get $10,000 managed for free, please feel free to post it in the comments below this article.
Please also feel free to share your experiences with LendingRobot.
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