We’re now open to retail investors in Maryland and North Dakota, bringing our grand total to 45 states and the District of Columbia! The process for investors to open an account is quite simple: North Dakota and Maryland residents can now create an online account here, and choose either a traditional investment account or retirement… Continue reading Lending Club Welcomes Maryland and North Dakota Investors!
More than one million Americans have achieved their financial goals through Lending Club! Check out how our online marketplace is transforming the banking system to make credit more affordable and investing more rewarding. *Lending Club releases platform metrics every quarter. This infographic was based on the latest metrics up to Q4 2015 (December 31, 2015).… Continue reading What is Lending Club?
Are you a Lending Club Investor getting ready for tax season? Help is on the way! Your Form 1099s from Lending Club are now ready for download in both PDF and Excel formats. Simply go to the “Statements” section of your Lending Club investment account. A new addition this year – you can now easily… Continue reading Get ready for tax season! Lending Club Now Offering TurboTax Integration for Form 1099s
Lending Club’s facilitated more than $16 billion in loans since inception, helping more than a million borrowers achieve their financial goals! Through Lending Club, borrowers reduce their rates by an average of 35%1 and investors get solid returns averaging 5-8%2! Check out our updated infographic to see how we’re helping borrowers get access to affordable credit… Continue reading Lending Club Reaches $16 Billion
Summary: Credit performance of our standard program is coming in within expectations. Background: Last week we posted an analysis on our Website that included a chart that was subsequently misinterpreted. The purpose of this blog post is to clarify what the chart means and provide the correct interpretation. The chart, reproduced below, was designed to… Continue reading Credit Performance Update