Software Alternatives & Reviews

CollegeBacker VS Lending Club

Compare CollegeBacker VS Lending Club and see what are their differences

CollegeBacker logo CollegeBacker

Crowdfund a tax-free college savings account

Lending Club logo Lending Club

Credit marketplace for peer-to-peer lending
  • CollegeBacker Landing page
    Landing page //
    2023-07-16
  • Lending Club Landing page
    Landing page //
    2023-06-13

CollegeBacker videos

FinovateSpring 2019 / CollegeBacker

More videos:

  • Review - CollegeBacker on The Balancing Act: Choosing the Right College Savings Plan for Peace of Mind
  • Review - Conversion opportunities for CollegeBacker

Lending Club videos

INVESTING with Lending Club 4 YEARS LATER - Lending Club Review 2019

More videos:

  • Review - My Lending Club Investment Review (what I did wrong 😭)
  • Review - Lending Club Review & Returns After 4 Years Investing Peer to Peer Lending App

Category Popularity

0-100% (relative to CollegeBacker and Lending Club)
Education
100 100%
0% 0
Fintech
31 31%
69% 69
Tech
100 100%
0% 0
Finance
0 0%
100% 100

User comments

Share your experience with using CollegeBacker and Lending Club. For example, how are they different and which one is better?
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Social recommendations and mentions

Based on our record, Lending Club should be more popular than CollegeBacker. It has been mentiond 7 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

CollegeBacker mentions (2)

  • No one likes my registry
    I’ve heard great things about this website, too! Makes it easy for family and friends to contribute. https://backer.com/. Source: over 1 year ago
  • Financial moves for wife who wants to later become stay at home mom
    - If you want to pay for college for kids, you can start a 529 plan BEFORE they are born (put it in your name, transfer it to them). Check out companies like backer (https://backer.com/) - family and friends can contribute to these 529 plans... Especially if you take the advice above re: free and for sale / buy nothing groups, you can tell your family / friends you rather they contribute to your kids' college (and... Source: over 2 years ago

Lending Club mentions (7)

  • Best places for a Personal Loan?
    I used lendingclub.com in the past and they were pretty quick, and deposited the money right into my account. At the time I felt the rate was higher than I'd like, but now having learned more it was average, personal loans just tend to have higher rates. It will be based on your credit. Aside from this, try looking at your own bank since you have a relationship already, or a credit union. Source: 10 months ago
  • scraping lendingclub.com
    But this does not solve the main issue , which is I can't get credentials to login if I'm not a residence in the US. My main issue is the credentials not the automation. I need a valid user name and password to lendingclub.com or a way to open an account without being a US resident or a way around it. Source: over 1 year ago
  • Same day pay day loan
    Agree! Try Prosper.com, lightstream.com or lendingclub.com. Source: over 1 year ago
  • Securing Funding
    I am not sure what kind of rates you are being quoted, but I used lendingclub.com to finance my first van purchase quite a few years ago. Rates depend on credit, and they have origination fees but they don't verify anything at all on what they money is used for. You just have to say you aren't using it for investment purposes if I remember correctly. I think the rate was around 8-9% though, with APR of 10.5%... Source: almost 2 years ago
  • Questions about a auto loan
    The other option you might try is getting a personal loan instead of an auto loan. You could try with your bank, or a place like lendingclub.com. With zero credit this might also be challenging, and you'll probably pay a higher interest rate, but it's something else to look into. Source: about 2 years ago
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What are some alternatives?

When comparing CollegeBacker and Lending Club, you can also consider the following products

Student Loan Hero - The smartest way to pay off student loans

DocMagic - DocMagic is a web-based platform that is used to digitalize your mortgage and payment process by offering you tools that are easy to use and simple.

WeFinance - Crowdfunded student loans

MBS Highway - MBS Highway is a web-based loan or mortgage management software solution that allows you to connect all your parties and stakeholders and helps you to complete the process quickly.

Blair - Financing students through Income Share Agreements.

LendingWise - LendingWise is an intelligent and web-based software solution that permits you to automate your lending business and allows you to improve the CRM of your organization.