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My Lending Club Account Performance Update 4

Once again, it’s time for another update of my Lending Club Account Performance.  The last update was on May 13, 2010, about 3.5 months ago. Since starting to issue loans in August 2009, I’ve earned a total of $2,557.36 in interest; however, with signup bonuses I’ve earned $3,183.02. Unfortunately, I have 1 note currently late […]

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How to Protect Yourself from Phishing Websites

November 18, 2011 | Quick Tips | No Comments

Let’s face it, the majority of us conduct business on the Internet almost everyday.  From shopping, entertainment, banking, research, etc., we all use the Internet.  Unfortunately, there are always criminals in cyberspace trying to steel your identity that will ultimately affect your finances and credit score. To determine if your identity has been compromised it’s always a good idea to get a free credit score to review your credit information. 

One way cyber criminals can steal your identity online is by using a technique called “phishing” to steal your personal information such as username / passwords, credit card information, social security number, date of birth, etc.

Phishing websites are fake websites that look like real websites.  Most people visit phishing sites by clicking links in their email.  As an example, they may get an email that seems to be from their bank telling them they need to log into to fix a problem.  They click on the link in the email and it brings them to a fake website.  They unsuspectingly enter their username and password and instantly this information is sent to a criminal who can use it cause serious harm.

So how do you avoid ever visiting phishing website?  Fortunately, it’s not too hard to prevent visiting phishing websites, but you must always be alert whenever on the Internet.  For one, never visit websites such as your bank by clicking on links within an email.  You should always visit by your saved bookmark, major search engines or typing the address directly into your browser address bar.  Additionally, if you ever want to click on a link in an email, you can first view the real link address in your browser address bar.  For example, an email may contain a link stating; however, the link goes to  Fortunately, the major browsers and anti-virus program can alert you whenever visiting a phishing website but they don’t always catch every phishing site.

Never give your personal information to anyone whenever visiting forums, using email, using public Wi-Fi or even instant messaging with friends or family.  This information is not secure and criminals can easily intercept your information.

Whenever your visit a website and have to enter personal information make sure the website is using encryption to transfer your information.  To determine if the website is secure with encryption, check for the closed lock icon in the browser address bar.  If no closed clock icon is available, the website isn’t secure and when you transfer information, your information can be intercepted by criminals.  See example below with green closed lock in Google Chrome browser address bar.

Finally, always use strong passwords using a combination of letter, numbers, symbols and different letter case.  Periodically, you may want to change your passwords especially for websites that are extremely important to you, such as your bank. 

Remember you can always get a freescore online to make certain your identity hasn’t been compromised.

My Lending Club Account Performance Update 6

November 9, 2011 | Investing | My Ramblings | 1 Comment

How time flies.  Here is my number 6 update of my Lending Club Account Performance.  The last update was on May 13, 2011 about 6 months ago.

It’s amazing that it’s been over 2 years since I opened my account with Lending Club.  It feels like only a year.  

Since opening my account with Lending Club in August of 2009 my account has profited $7,639.23 in interest, however, about $1,000 of this is bonus paid to open the account and to add more funds.   With charge-offs I’ve actually profited $6,967.62.  The net annualized return is stated as 7.37%, but its actually 6%+ with the charge-offs.  Regardless, this more than beats CDs, with most paying less than 1%. 

I’ve invested a total $50,000.  I initially opened the account with $10,000, and then added another $20,000 because Lending Club was paying a 1% bonus to add the additional funds.  A few months later I added another $20,000 because Lending Club offered a 2% bonus.  (Note: Lending Club is currently offering a 2% Cash Bonus on your initial investment.)

Within the last 6 months an additional $429 has been charged off.  Currently, there is $1,065 late ($310 late 16-30 days, $755 late 31-125 days) and $40 in default, so some of this money will eventually be charged off as well.  This loss is a part of the game of lending money directly to individuals via unsecured loans.  Unfortunately, some people will default; however, the interest from paying borrowers “should” cover the losses.

Below is a screen-shot of my account as of 11/9/11.

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If you are interested in investing in Lending Club now is a great time because they are offering a 2% Cash Bonus on your initial investments.  Good luck!

Save Money with Government Auctions

November 7, 2011 | Save Money | No Comments

Almost everyday the U.S. government confiscates a ton of assets from businesses and individuals  for a variety of reasons and sells these assets online and via auctions.  You can locate online these auctions or find listings for live auctions at The online auctions allow bidding on items over a period of time, normally 7 days. The web site also advertises when live auctions take place across the country. Live auctions are regularly scheduled and are open to the public.

You can find the following items for sale by the U.S. government:

  • Houses
  • Buildings and Land
  • Farms
  • International Real Estate
  • Liquidations
  • Vehicles and Parts
  • Aviation and Marine
  • Computers
  • Electronics
  • Compunctions Equipment
  • Office Equipment
  • Medical and Dental Devices
  • Industrial Equipment
  • Clothing and Personal Items
  • Household Goods
  • Jewelry and Collectibles
  • Sporting Goods
  • Books and Music


Below is a brief video: Introduction to

For more information visit

Shop Around for Medical Procedures with

November 7, 2011 | Healthcare | Save Money | No Comments

If you need to have a medical, vision or dental procedure it’s always a good idea to shop around because we all know healthcare is very expensive.  One service that makes this easy is is an online marketplace that connects consumers with healthcare providers. allows consumers to easily compare and negotiate pricing for medical, dental and vision procedures in a specified location in the United Sates while providers benefit from getting new patients who are willing to pay directly, out of pocket to the provider for their services. 

Procedures listed on the include the following:

  • Dental (teeth cleaning, crowns, fillings, braces, whitening, etc.)
  • Common and preventative medical procedures (physicals, mammograms, vaccines, x-rays, etc.)
  • Vision (glasses, contacts, LASIK surgery, eye exams, etc.)
  • Cosmetic (liposuction, breast enhancement, Botox, face lift, etc.)
  • Weight loss (dieticians, nutritionists, etc.)
  • Chiropractic (back and neck pain, arthritis, soreness, sports injuries, etc.)
  •  General well-being (acupuncture, hearing aids, physical therapy, massages, etc.) makes it easy to match patients and doctors by:

  • Locating and reviewing providers in your area
  • Optimizing office scheduling and management
  • Comparing cost for office visits and procedures
  • Finding competitive pricing for best case healthcare


Within the web site you can “Make Offer” and “Name Your Price”, which allows consumers to negotiate with providers the cost of their procedures. 

For more information visit PriceDoc.

Save Money on Prescription Medications with

November 7, 2011 | Save Money | 1 Comment

If you want to save money on your prescription medications then you must consider   BidRx will save you money (up to 50%) on any drug by having pharmacies and pharmaceutical companies from across the country bid on gaining your business.  If you need your prescription immediately, you can search for locations close to your home.

I searched for one drug on BidRx and found pharmacies selling the same drug at ½ the price with free shipping compared to my local Walmart Pharmacy.

BidRx only allows reputable U.S. pharmacies to participate in their program. Signing up to BidRx is simple and free.  The website is extremely easy to use.  For more information visit  

What is Daylight Saving Time?

November 5, 2011 | Education | Videos | No Comments

Twice per year most people in the U.S. have to change their clocks.  But most people have no idea why.   Below is a very good video explanation of daylight savings time.

Credit Repair, Personal Loans, Debt Reduction Education

October 15, 2011 | Credit Repair | Debt | Education | Personal Loans | No Comments

A new “Education” section has been added to to help people looking for information about Credit Repair, Personal Loans and Debt Reduction.  Each Section includes:

Credit Repair Education 


1 – Introduction to Credit


2 – Repairing Your Credit


3 – Protecting Your Credit


4 – Consumer Credit Laws


5 – Resources Extra Resources


Personal Loans Education  


1 – Home Loans


2 – Student Loans


3 – Personal Loans

4 – Other Loans


5 – Resources


  Debt Reduction Education   


1 – Your Debt


2 – Your Budget


3 – Reducing Your Debt


4 – Debt Consolidation


5 – Federal Student Loans


6 – Avoiding Debt


7 – Resources