Last month proved to be yet another exciting month at Lending Club: our investors issued another $12,039,675 in 1189 loans, keeping up with the record they set in August. At the same time, Lending Club surpassed $12M in interest paid to investors since starting operations in 2007.
Looking at these numbers, our members seem to confirm Lending Club delivers on its promise: lower rates to borrowers, better returns to investors.
For other interesting numbers about our peer-to-peer marketplace, visit our real-time Lending Club statistics page.
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[...] Lending Club is the US-based leader in the space, having
issued more than $170M in personal loans since its inception in
2007, and growing at a record-breaking pace. Last month, Lending
Club announced that it had payed out more than $12M in interest to
its investors. [...]
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