Posted by Merry Richter :: June 12, 2007 @ 4:36 pm

We are pleased that we have the TRUSTe seal of approval, certifying that our privacy and security practices meet their high standards of excellence. We are committed to providing a safe place for you to conduct business as borrowers and lenders. So committed, in fact, that we have submitted our privacy and security practices to rigorous scrutiny by TRUSTe, the Internet's leading protectors of consumer privacy.

Chief among our privacy practices is the fact that while your identity is verified as a borrower or lender, all loan listings are anonymous. Our privacy policy includes a detailed accounting of all personal information we collect, how the information is used, and with whom it may be shared. Some information we collect is shown to other members, while other information is kept private. We always tell you which is which, and there are no guessing games.

This policy also covers our security practices, including the fact that your sensitive financial data is securely stored in an off-site facility. We encourage you to read our privacy policy and contact us with any questions at privacy@lendingclub.com.