When a lender gets an investment from someone besides the government, people take notice. Today it was announced that LendingClub is getting $12 million in venture capital money to help it keep growing. That’s big news when traditional financial institutions are taking billions just to stay in business.
With the economic downturn, people have turned to pawn shops in an attempt to get some cash. In an attempt to get some extra cash, people are pawning items for quick money.