Originally Posted by
skimtastic
I got the same offer today. You get miles 1 for 1 from loans $10,000 and greater, but do have a 1% origination fee.
Yeah, I guess it works out to spending $300 for a 30,000 miles. But it doesn't sem as safe as other MS or credit cards. I know Lending Club is legit, but I am leery of so much fine print. I have to assume that it will raise red flags to borrow $30K and then replay it immediately before interest kicks in and possibly cancel the mileage bonus.