[twohlix_]

I've made 8-10% per year (defaults included) for the past 2 years on lending club. There are investment limits based on your income that you legally have to follow. I believe its 5% of your income/assets max. They don't confirm your income/assets but there are regulations related to it.

It also takes work to liquidate quickly. So if not selling notes on a second market you're locked into your investments for up to 5 years.

[MikeTV]

Thanks for this, didn't know there was a limit. Apparently it's 10% of your net worth [0] and there are other restrictions by state [1]. Which is a shame, because it beats the pants off the stock market.

[0] http://kb.lendingclub.com/investor/articles/Investor/Is-ther...

[1] http://kb.lendingclub.com/investor/articles/Investor/What-ar...