Comments on: Responsible lending, better returns

By: Introducing Lending Club

Introducing Lending Club — Fri, 14 Dec 2007 13:16:48 +0000

[...] of December 9th, they’ve funded 115 loans to the tune of
$1.35 million. In contrast, I’m not extremely active in Prosper,
but have managed to have helped funded [...]

By: renaud laplanche

renaud laplanche — Thu, 13 Dec 2007 04:08:56 +0000

Dear usnelcid, Thank you for taking the time to speak out. We just
made a new version of the site available, which includes a few
features that Rob will announce in a separate post, including the
ability to rename a portfolio after it's been created.
Differentiation between principle and interest in the repayments
column is a high priority and will be made available as part of a
revamp of the portfolio page in a few weeks from now. Please feel
free to continue suggesting new features and send additional
feedback at feedback@lendingclub.com (there is a link to that
effect at the top of each page on the secure site at
www.lendingclub.com). This is the best way for us to refine
priorities and allocate resources. Thanks! Renaud

By: usnelcid

usnelcid — Wed, 12 Dec 2007 05:13:28 +0000

I appreciate that Lendingclub is continuing to make improvements to
their site and the commitment to transparency with respect to loan
statistics. I have a few suggestions that I think would improve the
site. First, a suggestion email would be nice. I saw the info on
the contact page, but the "For assistance, please send an email to
us at contact@lendingclub.com." didn't seem to fit my need and
"Speak out on our blog!" didn't give me the feeling that my
suggestions would be seriously heeded either. Anyway, as a lender
what I would really like to see is 1) A differentiation between
principle and interest in the repayments column. 2) A way to change
the portfolio name after it is created. I'm tired of looking at
"portfolio 1-XX"