Post Article Write Review

Overall


9.1

Customer Support


9

Funding from Strangers


9

Ease of Use


9.5

Lending Club is an online financial community that brings together creditworthy borrowers and savvy investors so that both can benefit financially. We replace the high cost and complexity of bank lending with a faster, smarter way to borrow and invest.

Platform Type Debt
Countries of Requesters US
Countries of Givers All
Monthly Visitors 127,190
Campaign Type All or Nothing
Successful Campaigns 58,000
Fees for Completed Campaign 1.11-5%
Other Fees 1% to investors, plus 30-35% collection fee if the late payments are recovered
Additional Borrow Fee depends on the burrower credit rating, amount raised, and for how long.

Articles

Similar funding websites

(0)
(1)
(3)
  • dailywp.com

    by cfpicks.com
    Jun 22,2013

    Overall Rating:

    Customer Support

    Funding from Strangers

    Ease of Use

    Love it

    Pros

    I have used it for a year and a half and my net annualized return broke 20% in April 2013. It's easy to navigate and I love that you can get great returns investing increments as little as $25!

    Cons

    I want better performance reporting and better auto-invest options.

    CAMPAIGN CATEGORY:       N/A

    Do you think this review is helpful?
    like
    0
    like
  • dailywp.com

    by iSocialBroker
    Mar 12,2013

    Overall Rating:

    Rating

    The 800 pound gorilla gets serious.

    Pros

    I have been using the platform for over 3.5 years now, with returns (net, after fees and defaults/charge-offs) anywhere between 9 and 11 % - outstanding by all accounts. Great story that is changing the consumer finance landscape as we speak.

    Cons

    The GUI could use an upgrade.

    CAMPAIGN CATEGORY:       

    Do you think this review is helpful?
    like
    0
    like