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site says anywhere from 4-13% it looks like.
in doing more research, it looks like its closer to 4.
i'm re-thinking funding anything.
To get 1.50% APY* do each of the following each monthly qualification cycle:
- Have fifteen (15) debit card purchases post and clear your account per "qualification cycle"
- Have one (1) ACH direct deposit or auto debit post and clear your account
- Receive e-statements by logging into your on line banking
its more than you'd make putting that 1000 in the bank earning next to nothing.
most people put 25-50 in a bunch of loans, to hedge their bets across a pool. Effectively, it's what credit card companies do. most of the loans are well above the 4% mark and for longer terms. most are 7-14%.
yeah but there is no risk putting my $1000 into a bank. I'd be risking $1000 to earn $1.75 a month over a 12 month period(not including fee's id have to pay).
This doesn't really seem like a small players niche