Lending Club Passes the $50 Million Mark of Issued Loans
We’re thrilled to share the news that, as of this morning, Lending Club has officially issued more than $50 million in personal loans to creditworthy individuals. As always, our focus is on offering better rates, rewarding responsible and creditworthy borrowers. This has translated in better returns for investors because Lending Club eliminates the high cost and complexity of traditional banks: 9.62% net annualized returns since inception. Reaching this milestone could not have happened
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Tags: Bank, Borrower, Credit, Loan, Personal, Personal loan