Lending Club

 

Lending Club Blog

Posted by Patrick Gannon :: January 17, 2008 @ 4:46 am

With 18 days to go until we reach the end of our 5% Cash Bonus program, we want to update everyone on our progress:

• Our growth has been fantastic! We have reached $6MM in issued loans, and have over $3MM of loans in funding today, so our loan volume is growing extremely well

• Our lender base is growing as well – the number of lenders has doubled in the last month alone

• Our next system release (due in the next few days) also offers a great new set of lender tools that makes lending and account management even easier and incorporates feedback from many in our lending community

With all of the growth in loans and loan requests, we want to reach out as widely as possible to current and now prospective lenders with our special offer: Lending Club will give a 5% cash bonus to all lenders who lend $5,000 or more between December 14, 2007 and February 3, 2008. This bonus can be used to lend or can be withdrawn to your linked checking account. There are no special sign-ups needed to participate in this program.

Click here
to read the program details.

Better Lending. Together

Share

  • Ping.fm
  • TwitThis
  • StumbleUpon
  • Facebook
  • Digg
  • del.icio.us
  • Reddit
  • SphereIt
  • Propeller
  • Technorati
  • Google
  • Tipd
Print

2 Comments

  1. Review of Lending Club Update: New Portfolio View, FICO Score, & More | Personal Loan Portfolio:

    [...] interface today with some great improvements. They announced a few days ago in their blog that these changes were coming along with a reminder of the Lending Club 5% bonus program. Also mentioned was the number of [...]

  2. Peer-Lend.com » Blog Archive » Gaming the Lending Club 5% Bonus Promotion:

    [...] details available at: http://blog.lendingclub.com/thank-you and http://blog.lendingclub.com/2008/01/17/update-on-the-thank-you-program (Note: These are not referral links, and if you sign up through these links, no sweet free money [...]

Leave a Reply

Allowed XHTML tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <p> <q cite=""> <strike> <strong>

No-Fee IRA

No hassle 401K rollover or IRA transfer.

Combine over 9.5% net annualized returns with the tax advantages of an Individual Retirement Account.

Learn more »

Borrowers hurt by the credit squeeze and investors looking to boost their returns are increasingly turning to the same place: peer-to-peer lending.

NPR

See what others are saying about us »

Featured Borrower

Sarah
  • Sarah
  • Newfield, NJ
  • Pay off Credit Cards
  • $15,000 loan at 9.79%APR

"As an accountant, I am very conservative about money. My daughter's credit card jumped her interest rate... I found Lending Club and got a loan to pay off her credit card."

Browse more personal loans »