12×12: Lending Club Issues $12M in Personal Loans, Surpasses $12Min Interest Paid to Investors in September
Last month proved to be yet another exciting month at Lending Club: our investors issued another $12,039,675 in 1189 loans, keeping up with the record they set in August. At the same time, Lending Club surpassed $12M in interest paid to investors since starting operations in 2007.
Looking at these numbers, our members seem to confirm Lending Club delivers on its promise: lower rates to borrowers, better returns to investors.
For other interesting numbers about our peer-to-peer marketplace, visit our real-time Lending Club statistics page.
Monday, October 4th, 2010 at 10:02 am