Earn better returns.

Understanding the Basics

Once you have funded your account, you are ready to start investing. Here are some key concepts that will help you build a portfolio that matches your investing goals.

Notes: Building Blocks of Diversification


A single loan can be broken up into many $25 Notes

Diversify your investment by purchasing Notes associated with many different loans

Instead of investing in an entire loan, you can invest in pieces of loans in $25 increments. Each piece of a loan is called a Note. Notes come in 36- or 60-month terms, depending on the term of the corresponding loan.

By purchasing many small Notes of equal size that correspond to different borrower loans, you can reduce the impact on your portfolio of any single loan loss.1

With just $2,500 you can spread your investment across 100 Notes. 98% of investors that own 100+ Notes of relatively equal size have seen positive returns.

Learn more about diversification.

Loan Grades: Risk and Reward

Lending Club assigns a grade (from A to G) to each loan based on the credit quality and risk attributes of the borrower. The lowest interest rates are assigned to the least risky grades, which reflect the potentially lower loss rates (lower rate of charged off loans) and lower volatility in returns.2

You can use loan grades to build a portfolio of Notes that fits your investment objectives and your appetite for risk and return.

Reward and Risk

Learn more about how we set rates.

How to Put Your Money to Work

There are two main ways to invest your cash at Lending Club.

Automated Investing Link


Automated Investing
Orders placed automatically based on your investment criteria.
  • Full control over your investment criteria

  • Access to the latest listed loans without
    manually logging in

  • Saves time by placing orders as soon as new
    loans are listed 3

  • Less work to deploy your cash

  • Flexibility to edit, pause, or cancel at any time

Manual Investing Link


Manual Investing
The Do-it-Yourself Approach

With manual investing, you browse the loans currently listed on the site and build your portfolio one Note at a time.

  • Browse the loans currently listed on the site

  • Place one-time orders for the specific Notes that you choose

  • Manually re-invest cash you receive from borrower payments

Browse notes

Browse Loans

Get started right away

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Lending Club Notes are offered by prospectus filed with the SEC. Please consider the risks of investing.

1 This information is not intended to be investment advice. Lending Club Notes are not guaranteed or insured, and investors may lose some or all of the principal invested. Notes are offered by prospectus filed with the SEC and you should review the risks and uncertainties described in the prospectus prior to investing. You should consult your financial advisor if you have any questions or need additional information.

2 Historical performance is not a guarantee of future results. Lending Club Notes are not guaranteed or insured, and investors may lose some or all of the principal invested.

3 The frequency of orders is based on the cash balance of your account, availability of loan inventory matching your investment criteria, and demand from other investors. The cash in your account may be deployed immediately or over a long period of time, and there may be weeks when many orders are placed and weeks when no orders are placed.