Comments on: Report from Finovate 2007: Next Generation Financial Services

By: Patrick Gannon

Patrick Gannon — Mon, 08 Oct 2007 17:44:20 +0000

Joseph - thanks for the comment. I am sorry you were not approved
for a loan. Lending Club approves people who have good credit only
- you need to have a good FICO score, relatively low debt, no
bankruptcies, etc. We are working on ways to help people whose
credit history is not as strong. As we grow our person to person
lending community, we want to offer services to as many borrowers
and lenders as we can. Patrick from Lending Club

By: Joseph Saylor

Joseph Saylor — Sun, 07 Oct 2007 16:14:02 +0000

I just wanted to vent a little. I was up all night hoping to
contact your site and have something positive come from it. Your
site may as well be like the banks. I thought that by this being a
person to person lending/ borrowing site, I would have a fair
chance at getting a little help. Just like all of the other avenues
I have gone down, I have had yet another door slammed in face
because of my credit... J S.