LendingClub | Peer-to-Peer Lending Alternative Investing

Time 2020-10-03 16:04:43

Web Name: LendingClub | Peer-to-Peer Lending Alternative Investing

WebSite: http://www.lendingclub.com

ID:68981

Keywords:

to,Peer,LendingClub,

Description:

COVID-19 Response: In these uncertain times, we want you to know you can count on us. Learn More Bringing borrowers and investors together for the last 12 years.We founded LendingClub with the idea that bringing borrowers and investors together can help everybody succeed. Our LC™ Marketplace Platform helps borrowers take control of their debt and empowers everyone to reach their financial goals. Apply for a Personal Loan Loans up to $40,000 for qualified borrowers investing in new or smaller businesses. Apply for a Business Loan Loans $5,000 – $500,000 for businesses with at least $50,000 in annual sales and 12 months in business. Apply For A Business Loan If you have special access needs and are having problems accessing this website, please call: 833-536-3639. All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history. 4.07% - 7.35% average historical returns for loan grades A through D originated from January 2008 through June 2018. Because the likelihood of a loan charging off increases over time, historical returns include only those loans that were issued 18 months or more before the last day of the most recently completed quarter. The range in returns represents 10th and 90th percentile performance as illustrated here, for the period January 2008 through December 2019. The return is weighted based on platform issuance by grade. Historical Returns are LendingClub's adjusted net annualized returns ("ANAR"). ANAR is calculated using the formula described here. Checking your rate generates a soft credit inquiry, which is visible only to you. A hard credit inquiry that may affect your credit score only appears when your loan is issued. LendingClub Notes are not FDIC insured not guaranteed may lose value LendingClub Member Payment Dependent Notes (Notes) are offered by prospectus. Investors should review the risks and uncertainties described in the prospectus carefully prior to investing. Historical performance is not a guarantee of future results and investors may lose some or all of the principal invested. LendingClub does not provide investment, tax, or legal advice. You should consult your legal, tax, and/or investment professional prior to making any financial or investment decision. While returns are dependent upon borrower payments of principal and interest, Note holders do not have a security interest in the corresponding loans or loan proceeds. Notes are unsecured obligations of LendingClub. Returns may be impacted by, among other things, the number and attributes of Notes owned, as well as macroeconomic and other conditions.

TAGS:to Peer LendingClub 

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