Lending Club Blog

Posted by :: August 31, 2009 @ 6:07 pm

We are pleased to announce that our securities filing has been cleared by the state of Missouri, giving Missourians the opportunity to invest in Lending Club notes starting today.

While researching fun facts about Missouri, I was startled to see several related to the food industry. And since I’m a foodie myself, I could not resist the temptation to include them here:

To start, you must know that the now ubiquitous ice cream cone was invented at the St. Louis World’s Fair in 1904 when an ice cream vendor ran out of cups and asked a waffle vendor to help by rolling up waffles to hold ice cream.

You must also know that barbeque cuisine started right here, in Kansas City, when Henry Perry, the “Father of Kansas City BBQ” started selling smoked meats in an alley stand in the Garment District of the city in 1908.

And finally, you may find interesting the fact that St. Louis is the home of the largest beer producing plant in the nation: Anheuser-Busch.

Now, I’m officially hungry (and thirsty).

Anyhow! We welcome Missourians to Lending Club, now available in 27 states: California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Louisiana, Maine, Minnesota, Missouri, Mississippi, Montana, New Hampshire, Nevada, New York, Rhode Island, South Carolina, South Dakota, Utah, Virginia, Washington, Wisconsin, West Virginia, and Wyoming.

State approvals as of 2009-08-31

Notes are offered by prospectus filed with the SEC.

Share and Enjoy:
  • Print
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • Blogplay
Print This Post Print This Post

6 Comments

  1. Garry:

    thats good news for Missourie residents. Gr8!!!!

  2. Kerney:

    Fantastic! Why is it taking so long to get all the other states
    though? With Lending Club's performance track record, this offer
    should have been cleared in all states a long time ago!

  3. Lending Club Approved in Missouri | The Personal Finance Playbook:

    [...] Club has been approved in Missouri. Just thought I would let
    you know. Good luck (and avoid that note trading [...]

  4. Dr. Tonic:

    Now if only Massachusetts would follow. I can't wait to join in the
    investing.

  5. Auctions:

    This is good news and great. I cant wait to join.....Great!!

  6. David:

    Months are passing by..... waiting.... waiting..... waiting... any
    more states like Massachusetts.. cough cough to come on board???

Leave a Reply

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

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.

See what others are saying about us »

Featured Borrower

  • 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 »