P2P Lending / NFT Lending Forum

I have read many articles about people unhappy with the tax treatment of lending club..  I am confused.  So if you put your money at Marcus you get 2.25 % and you receive a 1099-int and it is taxed as ordinary income. Lending club seems exactly the same except you get a return of roughly double plus you get capital losses. These losses can be used to offset capital gains in stocks.  Capital losses above $3,000 have value since they can be written off against stocks.  So my take is the tax treatment is the same as a savings account or CD, but the capital losses are a bonus and improves taxes through the 3k deduction and offset against stock capital gains.   Am I not looking at this the right way?  What am I missing?  I have not used LC platform yet but was considering doing so.