How I created the most profitable in class Lending Club Portfolio

My portfolio stacked up against my peers’. Image by Author.

Lending Club was the pioneer of peer-to-peer lending. Borrowers would apply for loans as they would at any other bank. The loan applicants supplied information about themselves and their credit history was pulled.

Unlike a regular bank, Lending Club didn’t lend out of reserves or savings accounts — the money came from investors who could see that the…