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

New York Times

Featured Borrower

Alex

"Getting engaged forced me to make some important financial decisions, so I consolidated several sources of debt with a single loan from Lending Club."