How Peer Lending Works
- Borrowers apply for loans.
Investors open an account.
- Borrowers get funded.
Investors build a portfolio.
- Borrowers repay automatically.
Investors earn & reinvest.
We bring you a more efficient model.
By allowing our members to directly invest in and borrow from each other, we avoid the cost and complexity of the banking system and pass the savings on to you. Both sides can win: better rates to borrowers and better returns to investors. It's that simple.
Your privacy is protected.
We're committed to transparency.
We are proud to share information about our company and give you straight answers to all your questions. Whether you want more information about Lending Club and its management team, the borrowing and investing process, news and updates, or help with specific issues, we'll get you the information you need.
1 As of May 24, 2013, over 99% of investors with 100 or more Notes and with no single Note accounting for more than 2.5% of their total investment, have positive returns. To meet this criteria you would need to invest a minimum of $2,500 and none of the Notes could be greater than 2.5% of your total investment. The foregoing is not directed to the specific investment objectives, financial situation or investment needs of any particular person and should not be considered investment advice. You should consider reviewing the prospectus with a financial advisor prior to investing. Past performance is no guarantee of future results.
as of quarter ending 03/31/14
Loans funded through last quarter:
Loans funded last quarter:
Interest paid to investors: