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Showing: 1-8 of 8
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How do I select which loans I want to fund?
Most investors spread their investment across hundreds of Notes, investing as little as $25 and as much as $5,000 into each Note. You can choose Notes to invest in using the automatic portfolio builder, which helps you instantly create a portfolio of Notes based on your desired interest rate and...
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| 11 May, 2010 | |
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How do I receive my monthly repayments?
Lending Club automatically withdraws payments each month from the borrower's bank account and transfers your pro rata share of these payments to your investor account, minus a 1% service fee. While in cash, your money will be insured by FDIC pass-through insurance. You can withdraw these funds...
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| 18 Apr, 2013 | |
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How can I diversify my portfolio?
When investing in Notes, consider investing in a high number of Notes to increase your diversification and lower your risk. You can invest as little as $25 per Note, allowing you to rapidly invest in a large number of Notes. For example, if you invest $5,000, you could invest in as...
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| 22 Feb, 2010 | |
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Can I invest in a preset portfolio?
Yes. As a convenience, we offer you the option of purchasing notes that have been pre-categorized to fit different investment strategies. You can select “Conservative,” “Moderate,” and “Aggressive” portfolios and tailor your risk and reward to your personal preferences. This approach...
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| 22 Feb, 2010 | |
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How do I ensure I don’t invest in Notes more than once?
Make sure you use filters to narrow down the loans you are interested in, including a filter to remove those Notes you have already invested in.
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| 22 Feb, 2010 | |
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How do I control the level of risk in my portfolio?
You can either choose the loans you would like to fund one at a time by browsing Notes or use our portfolio builder to quickly build a portfolio of Notes. This enables you to customize your acceptable degree of risk, your desired return, and your preferred level of diversification.
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| 22 Feb, 2010 | |
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Why does the service fee show as 0.7% if there is a 1% charge on each payment?
0.71% is the average net impact of 3-year notes to the net annualized return of our 1% service charge on your return calculation (ranges from 0.68% to 0.74%). The impact of 5-year notes is 0.45% on average (ranges from 0.42% to 0.49%). Note that the net annualized return calculation takes into...
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| 18 Apr, 2013 | |
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How do 5-year Notes compare to the existing 3-year Notes?
Our new 5-year loans allow borrowers to make lower monthly payments. To enjoy the longer repayment term of 5 years, borrowers generally pay a higher interest rate, so you earn more: receive 3.61% extra yield on B graded Notes (on average) and 2.59% extra yield on C through G graded Notes (on...
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| 21 Sep, 2011 | |
