Lending Club is an American Peer-to-Peer or community based lending website. They arrange loans between lenders and borrowers and cutout the banks and CC companies.
Being American based means that Canadians have to clear a higher hurdle to participate; specifically I'd have to have at least $100K in my account.
Needless to say, I'm anxious about giving anyone that isn't a registered bank that much money.
Can anyone suggest anything I should be aware of before making the plunge?