Lending Club Blog

A Year on the Lending Club Blog

As the saying goes, time flies when you’re having fun. That a year has already passed since I began blogging for Lending Club speaks to the enjoyment I have gotten from the effort. I’ve covered a wide array of topics, from debt consolidation to predatory lending, consumer protection to financial philosophy, retirement planning to the housing crisis and many subjects in between. This year has greatly expanded my knowledge of personal finance and I hope that it has done the same for you.

Looking back, the most surprising thing that I’ve learned is that the actions required to improve your financial situation are quite simple. Why, then, aren’t more people better off now then they were a year ago? The reason largely has to do with the mindset of the people in question. Knowing what to do and actually doing it is a subtle difference, but hugely important.

Unless we take action and use the tools at our disposal, things aren’t likely to improve. Here are a few example scenarios with simple solutions:

  1. Do you have a lot of high interest credit card debt? Then consolidate that debt with a P2P loan.
  2. Are you living beyond your means? Then start tracking your finances to figure out where the money is going.
  3. Are you unable to save any money? Then make savings a priority.

These are just a few examples, but they highlight a trend common to most financial troubles. Not one of those ideas is difficult to understand, but implementation often gets in the way. We make excuses rather than take action. As a result, our situation remains the same or gets worse.

Making improvements in our personal finances is difficult, but not for the reasons we might expect. Until we decide that improvement is worth the small sacrifices necessary to achieve it, we won’t reach our goals. Even in cases where no sacrifices are required, we often allow our fears to hinder our actions.

You have the power to make a change, so long as you can convince yourself to take the necessary steps. Thanks for a great year!

Wednesday, June 25th, 2008 at 7:00 am

Comments (1)

  1. Thank you for a great year of posts. I hope you have another one.

    June 25th, 2008 at 9:04 pm


Welcome Home

Lending Club named #5 on Forbes’ Most Promising Companies List

Get ready for tax season with Lending Club’s Tax Form Guide

New Adjusted Return Metric

See more
Lending Club Awards
  • Archives z

Recent Posts

Bloomberg Markets Names Renaud Laplanche on its 2015 “Most Influential” List

Read More »
October 6, 2015

Congratulations, Carrie! Named 2015 Financial Woman of the Year by The Financial Women of San Francisco

Read More »
October 5, 2015

Congratulations to Carrie Dolan – Named one of American Banker’s 2015 Most Powerful Women in Finance

Read More »
September 22, 2015

Welcome Nebraska, Kansas, and Indiana Investors!

We recently welcomed residents of Nebraska, Kansas, and Indiana… Read More »
September 21, 2015

Lending Club Job Spotlight: Technology & Member Support

Our Technology team develops and… Read More »
September 14, 2015

What $11 Billion Can Do

In celebration of surpassing $11 billion in loans and… Read More »
September 3, 2015

Welcome Arkansas, Iowa, and Oklahoma Investors!

We recently welcomed residents of Arkansas, Iowa, and Oklahoma… Read More »
July 14, 2015

Renaud Talks Marketplace Lending on Jo Ann Barefoot’s Podcast

This week, CEO Renaud Laplanche… Read More »
June 24, 2015

Lending Club Teams Up with Sam’s Club to Deliver Small Business Financing

Read More »
June 8, 2015

New Lending Club TV Commercial Makes its Debut!

Last week we began testing a new TV commercial showcasing… Read More »
May 26, 2015


We went public today!

Ringing the bell this morning at the New York… Read More »
December 11, 2014

New and Improved Statistics Page

We recently redesigned our Loan Statistics page to make… Read More »
November 13, 2014

Lending Club Honored with Economist Innovation Award

This month I was honored… Read More »
October 15, 2014

Welcome Vermont Investors!

Today, we’re thrilled to welcome residents of the state… Read More »
September 4, 2014

We filed to go public today

We filed a registration statement with the SEC today… Read More »
August 27, 2014

Our Billion Dollar Quarter

We’re excited to announce  that we’ve facilitated over $5… Read More »
July 8, 2014

Is Lending Club Available in My State?

Is Lending Club available in my state? That is… Read More »
July 7, 2014

Lending Club Joins Senator Cory Booker to Discuss Improving Access to Capital for Small Businesses

Read More »
June 20, 2014

Lending Club Named a CNBC Top 50 Disruptor for a Second Year

For the second year in… Read More »
June 17, 2014

PRIME is now Automated Investing

Lending Club is excited to announce that PRIME has… Read More »
May 14, 2014
View All w