Debt consolidation


Borrower Member Loan 1159693 | Lending Club Prospectus

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Amount Requested
$11,200
Loan Purpose Debt consolidation
Loan Grade C1
Interest Rate 13.99%
Loan Length 3 years (36 payments)
Monthly Payment $382.74 / month
Funding Received $11,200 (100.00% funded)
Investors 212 people funded this loan
Note issued on 3/2/12 12:10 AM
Note Status Fully Paid
Loan Submitted on 2/22/12 8:40 AM

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Loan Description

   

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Financial Innovation

If Lending Club’s expansion succeeds, it’s more likely that it will be the company that hooks you up when it’s time to buy that new car, send the kid to college, or pay off that high-interest credit card. And those with money to save will be more likely to lend it out for vastly better interest than the near-zero rates that bank savings accounts offer today.

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Featured Borrower

Andy

"The interest rate on my loan through Lending Club is a third less than what I was paying before, and it’s very satisfying to know that there is an end date for being done with my debt."