Lending Club

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About the Trading Platform

If you are a Lending Club investor and wish to sell some of your Notes, or buy Notes currently held by other investors, you can now use the Note Trading Platform operated by FOLIOfn, member FINRA/SIPC.

You will need to open an account with FOLIOfn, and the trading platform is not available to residents of all states. You can use the funds available in your Lending Club account to buy Notes through the Trading Platform, and receive the proceeds of any sale of Notes (minus a 1% trading fee) directly into your Lending Club account.

Only Notes that were issued after October 12, 2008 can be traded on the Trading Platform.

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The math pitch involves the increased efficiency of cutting out the banks, allowing relatively lower rates for borrowers and good returns for lenders.

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  • Mountain View, CA
  • Pay Off Credit Cards
  • $9,000 at 14.07% APR

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