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Lending Club Sets Eyes on More Venture Capital, Expects 2012 Profitability
Lending Club, a California-based company that operates a peer to peer lending marketplace, recently revealed that they will be eyeing another round of venture capital in 2011 and that the company should be profitable by “early 2012”... More of this article »
Prosper.com Sees 17% Increase in November Loan Demand
Prosper.com, a peer to peer lending company, announce in a press release that they had seen a significant increase in loan demand for their services during the month of November. Here’s the text of the press release: Prosper.com... More of this article »
How to Get a 3-Year or 5-Year Personal Loan on Lending Club
It’s the holiday season and Christmas hasn’t gotten any cheaper this year. If you’ve found yourself in a situation where you need some extra cash this holiday season, Lending Club might have an answer for you. Lending Club, a... More of this article »
Lending Club States: What States Can Participate in Lending Club
Lending Club is an innovative peer-to-peer lending company which allows members on its website to borrow and lend money to one another. Because of the way that lending laws are setup, Lending Club must past compliance in each state... More of this article »
Lending Club Default Rate: How to Reduce Lending Club Defaults
If you’re an investor on Lending Club, you know that the number one thing that can negatively impact your rate of return is borrower defaults. Lending Club gives each borrower a credit rating, but by taking advantage of some other... More of this article »
How to Get Out of Debt Faster with a Debt Consolidation Loan with Lending Club
With most credit cards and lines of credit, you will find yourself in debt for decades if you only make the minimum payment. If you have credit cards, chances are you’re paying an interest rate of upwards of 20%. One company, First... More of this article »
How to Get Approved For a Loan on Lending Club.com
Many people that want to consolidate their credit card debt have been taking advantage of low-interest fixed rate loans that have been offered by Lending Club, a California-based lender whose loans are funded by members on its website.... More of this article »
Lending Club Hits $180 Million in Funded Loans
Lending Club, a California-based peer to peer lending company, has now setup more than $180 million in loans between investors and borrowers on its website. As of November 13th, 2010, Lending Club has setup $180,723,825 in loans between... More of this article »
Lending Club to Hold Investor Webcast
Lending Club, a California-based peer to peer lending company, will be holding an “investor forum” web-cast on Thursday, November 18th at 4:00 PM PT. Lending Club Executive Sam Kasle announced the web-cast on Lending Club’s blog,... More of this article »
Debt Management Tips in a Post Recession World
If you’ve found yourself in a situation where you have a lot of consumer debt such as car loans, home equity loans or credit card debt, you’re not alone. As the unemployment rate has risen consumers have becoming increasingly concerned... More of this article »
Peer to Peer Lending Company Lending Club Offers Notes in North Carolina
Peer-to-peer lending company Lending Club has met regulatory requirements in the state of North Carolina and is now issuing loans to borrowers in the state. The California-based lender said in a statement that North Carolina borrowers... More of this article »
Peer-to-Peer Lending Site Prosper.com Hits 1 Million Member Mark
Prosper.com, a company which operates a peer to peer lending marketplace, announced on Monday that it now has more than 1 million users on its website. The company allows members on its website to lend money to one another in a process... More of this article »
Lending Club Issues $12 Million in Loans During September
Lending Company, a firm which operates a peer to peer lending marketplace, set another record in the amount of loans which were setup during the month of September, arranging more than $12 million worth of loans between borrowers and... More of this article »
Understanding the Lending Club PRIME Account
Lending Club.com, a peer to peer lending company, has made a name for itself in the financial by allowing members on its site to issue loans to one another, creating what some are calling an entirely new class of investment. Some investors... More of this article »
Lending Club Hires Joseph Toms as Head of Investing
Lending Club, a company which operates a peer to peer lending marketplace, has hired Joseph Toms as a new managing director of Lending Club’s investment operations. “We continue to grow the Lending Club team, adding key people... More of this article »
Lending Club Offers IRA Option
Lending Club, a company which offers a peer to peer lending marketplace, has recently begun offering an IRA option to customers that wish to invest some of their retirement funds into peer to peer loans. California-based Lending Club... More of this article »
InvestInMyEducation.com Joins Peer to Peer Lending Market
InvestInMyEducation.com has joined the ranks of Lending Club, Prosper.com, People Capital and Green Note in the business of offering student loans via a peer to peer lending market. The company said in a statement that, “InvestInMyEducation.com... More of this article »
Yes-Secure Launches Peer to Peer Lending Service in the U.K.
Yes-Secure.com has begun operating a peer to peer lending business in the United Kingdom, similar to Lending Club and Prosper.com in the United States. The company described its service in a recent press release, “YES-secure, an... More of this article »
Prosper.com Boasts of Lower Loan Loss rates
Prosper.com, a company which operates a peer to peer lending marketplace, has issued a report claiming that its loan loss rates have declined dramatically after registering with the U.S. Securities and Exchange Commission and strengthening... More of this article »
Lending Club Issues Record Number of Peer to Peer Loans in August
Peer-to-peer lending company Lending Club hit a new record high in the amount of loans that it originated during the month of August, issuing more than $12 million in loans to borrowers during the month. Lending Club is part of a fledgling... More of this article »
Lending Club Bonus: Get 1.5% Back Through Recurring Transfer Cash Program
Lending Club is currently offering a 1.5% bonus to funds that are invested through the recurring transfer cash bonus club program. If you are a Lending Club investor, you can get up to a 1.5% cash bonus on your investments when you... More of this article »
Lending Club Tops $12 Million in Loan Originations in August 2010
Lending Club, a venture capital-backed company which operates a peer to peer lending marketplace, has issued more than $12 million in loans during the month of August, marking the largest single monthly dollar amount that a U.S. peer... More of this article »
Peer to Peer Lending Scam: Are P2P Lending Sites a Scam?
If you have ever considered taking a loan out from a peer to peer lending site, you might be concerned whether or not peer to peer lending companies are a scam. There have been a number of financial innovations which have turned out... More of this article »