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Lending Club Blog

Posted by Rob Garcia :: December 22, 2009 @ 9:52 am

Lending Club is excited to announce that we have partnered with 5 of the best "DebtBuster” bloggers to offer advice and encourage those with credit card and personal debt to commit to getting rid of it during this holiday season.
If you’re like most Americans, you probably have more than $5,000 in credit card debt, according [...]

Posted by Rob Garcia :: December 10, 2009 @ 11:59 am

For the remainder of 2009 and to celebrate this holiday season: Lending Club will give each investor you refer $64.62 to start peer investing.
Why $64.62?... that's odd!
According to FDIC’s Quarterly Data Profile, banks made $6.462 billion in profits last quarter and we doubt you, your friends, your family or colleagues got a piece of that [...]

Posted by Patrick Gannon :: December 7, 2009 @ 6:45 pm

Scott Langmack, noted author, analyst, and peer lending investor, will explain his view of the "Borrower Repayment Cycle". Scott will discuss why in his experience a majority of defaults come in the first 18 months of a loan's life.
Mr. Langmack believes this phenomenon can cause many investors to feel as if they are in worse [...]

Posted by Sam Kasle :: December 7, 2009 @ 2:41 pm

Last Thursday, we hosted a WebCast with our special guest Rob Garcia to demonstrate how investors with different investment profiles (loan picker, diversifier, and diversipicker) can use our new investor interface.
Participants were shown how the new tools can help to quickly identify notes they may be interested in investing, while filtering out notes that do [...]

Posted by Rob Garcia :: November 25, 2009 @ 5:49 pm

We spend a lot of time reminding ourselves (and teaching our children) to say "Thank you!".   More often than not, this comes out of a need to be polite and respectful as the basis for human interactions.    This is fantastic and we should keep it up, but if you are like me, you have probably [...]

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

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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."

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