Credit card refinancing


Borrower Member Loan 93055 | Lending Club Prospectus

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Amount Requested
$2,000
Loan Purpose Credit card refinancing
Loan Grade D4
Interest Rate 12.80%
Loan Length 3 years (36 payments)
Monthly Payment $67.20 / month
Funding Received $2,000 (100.00% funded)
Investors 15 people funded this loan
Note issued on 7/6/07 3:20 PM
Note Status Fully Paid
Loan Submitted on 6/16/07 3:20 PM

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Loan Description

Reorganizing my finances, consolidating credit card debt in order to lower my total expenses and eventually get rid of a couple of my credit cards
   

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Financial Innovation

Companies like Lending Club are cutting out the middle man − banks − to offer consumers the opportunity to lend money directly to others and obtain a higher return.

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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."