Massachusetts Disclosure

Residents of Massachusetts may not list loans on the Lending Club platform that:

  • Are for an amount of $6,000 or less, and
  • Have an annual percentage rate greater than 12%.

As a result, loans matching this description will not be offered to customers who live in Massachusetts.

Financial Innovation

The San Francisco company, which made nearly $100 million last year, is hoping to seize on the success of the online lending industry as it grows into a robust alternative to traditional loans, and validate the industry as a high-tech, quicker version of bank lending that is here to stay.

San Jose Mercury News

Featured Borrower


"My loan was 100% funded within 12 hours, and I had funds in my account within 4 days. It was ridiculously fast..."