Lending Club Blog

Archive

for September, 2009



Posted by , Sep 4

Nearly 100 Lending Club investors did indeed get smarter about P2P investing and may have found a better place to stash their cash. Patrick Gannon, SVP Investor Services, and me, Sam Kasle shared tips on how to maximize your return, properly diversify, and how streamline your investment process. Lending Club notes are offer by prospectus filed with the SEC.

Smart about investing, but want to Get Smarter? Check out the replay of the forum here.

Looking forward to hearing from you!

Sam Kasle


Posted by , Sep 3

Vote for LendingClub’s PanelPicker Ideas!

At Lending Club, we are ecstatic about the possibilities of participating in the upcoming South by Southwest Interactive 2010 conference in Austin (SXSW).

We are planning to host 2 power-packed sessions and ask for your vote via the crowdsourced 2010 SXSW PanelPicker to ensure these 2 fantastic panels make it to the final program:

Session 1: Banking 2.0: Financial Services Driven by People & Emerging Technologies

We’ll be talking about the many changes in the Banking industry brought by the emergence of people and technology-driven financial products: personal finance management, p2p lending, microfinance, credit score tracking, stock picking communities, mobile banking, and more.

We have assembled an all-star team so far (all confirmed):

Aaron Patzer, CEO of Mint.com
Arkadi Kuhlman, CEO of INGDirect
Ken Lin, CEO of CreditKarma
Marc Hedlud, Co-founder of Wesabe
Mike Ferrari, Co-founder of SmartyPig
And yours truly, Rob Garcia, Director of Product Strategy at Lending Club

We have also contacted our friends at USAA, WeSeed, Billeo, Obopay, Zecco and Geezeo to join us. With so many great names, we may need to do more than 1 session!

Session 2: The rise of P2P Lending & Microlending in the US

In this panel, we’ll discuss how P2P Lending and Microfinance are becoming the smart and obvious choices to finance and invest in fellow Americans. We have extended invitations to Kiva, Microplace, ACCION USA and several other organizations that will make this panel a must-see.

Voting ends this Friday, September 4 at 11:59 CST. Thanks in advance for your support. Vote, vote, vote!

@RobGarciaSJ


Posted by , Sep 2

We are determined to host the easiest twitter contest ever.
Yesterday, Lending Club announced it will welcome its 25,000th investor in September. To celebrate this momentous milestone, Lending Club is running a promotion throughout the whole month: Be our 25,000th Investor and Win $2,500.

$2,500 is not bad… not bad at all!

To help spread the news about this totally phat promotion, I’m calling out all tweeters out there.

Here is the only rule:

Tweet/ReTweet about our promotion any day between now and 09/15. Just make sure to mention @LendingClub and include a link to our site or promotion info.

Example: “Become @LendingClub’s 25,000th investor and win $2,500 by September 30 http://bit.ly/36sz8 RT to win t-shirt”

So what do you get from doing this?

We’ll pick a winner randomly everyday to receive a Lending Club fashion item: t-shirt, messenger bag, or cap plus a couple of our famous orange pens. You don’t need to be a Lending Club customer; just tweet about our promotion and you’ll have a chance to score our fashion. It’s that easy!

Tweet away!
@RobGarciaSJ

Notes are offered by prospectus registered with the SEC.


Posted by , Sep 1

During September one lucky winner will become Lending Club’s 25,000th registered investor. To celebrate this milestone, the 25,000th registered investor will receive $2,500 cash!

Lending Club notes average 9.64% net annualized returns. Lending Club notes are offered by prospectus filed with the SEC.

Be the 25,000th Investor

 

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."

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