We are streamlining a centuries-old concept: banking. By allowing our members to directly invest in and borrow from each other, we avoid the cost and complexity of the banking system and pass the savings on to you. Lending Club approves the most creditworthy borrowers (we have historically approved less than 10% of all loan applications) so that investors can benefit from the high returns of consumer lending without being exposed to subprime risks. Since June 2007, Lending Club investors have averaged over 9.5% net annualized returns.