Massachusetts Disclosure

Lending Club will not enable Massachusetts' residents to list loans:

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

As a result, loan listings that fit within this definition will not be presented for consideration.

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.

reuters

Featured Borrower

Dan

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