New here? You may want to subscribe to the RSS feed or browse the site map. Thanks!Quick poll for your thoughts: Do you believe that Lending Club will survive the quiet period.
Will Lending Club Survive the Quiet Period?
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Lending Club has gone quiet and is no longer allowing lenders to lend, but borrowers can still borrow money according to their email notice. Those loans will be funded by Lending Club. From the email notice:
The borrowing side of our site will remain generally unaffected by this registration process; borrowers can continue to […]
P2P Lending has been in the mainstream media news a great deal lately. I decided to post a roundup of many of the recent news articles on Prosper.com, Lending Club, Zopa, GlobeFunder, and Virgin Money. It is unfortunate that Lending Club entered a quiet period just as they were gaining tremendous growth in […]
This extends my posting on the blog roundup of Lending Club quiet period postings…
HollowOak asks: “How far behind is Prosper? Or do they get kudos for having started the SEC filing months ago?”
Lazy Man and Money is calling Lending Club dead:
I have been worked for a number of start-up companies and they had one thing […]
I have already commented on Lending Club’s quiet period and referral program suspension. I decided to check other blogs to see what they have to say on the email notice that went out today. Since I was reading everything anyway, I decided to post links and a few quotes to everything that I could […]
Due to the Lending Club quiet period, the Lending Club referral program has ended. The program was a good one — I earned over $300 in referral fees through this website by blogging about my experience creating a portfolio, creating a video, gathering advice for new lenders, the inception of the referral program and […]
Lending Club sent an email today that first surprised me because a quick reading of a few details sound rather ominous. However, if you read past the “you can withdraw uncommitted funds” sections of the email, or rather stick to the important stuff in the first paragraph, this email exciting news for P2P lending. […]
So far all my Prosper.com and Lending Club loans are current. I would be annoyed with loan defaults, but currently the number of borrowers who pay the loan in a month or less is starting to bother me. Why does a borrower bother to take out a loan for one month?
Here […]
When Lending Club updated their website, I noticed that Rate Ladder’s screenshots looked different from mine. This was discussed in the comments on RateLadder’s blog. Kevin removed all the comments on his blog so I can’t follow up on this issue there, so I’ll have to post the explanation here…
Eric, of Eric’s Credit Community, today announced on his site the launch of LendingClubStats.com.
There are currently a few different chart categories including:
Loan growth rate shows great growth in the loans extended on Lending Club.
Loans by Current or Late Status. Eric points out that this chart is currently useless because of the average age of […]
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