applications
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US $40,000.00 |
Sale |
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US $39,950.00 |
Sale |
December 23rd, 2007 — Announcements, CEO announcements, Lending Club, News, applications, december, demand, hike, listings, stands, supply, tomorrow from Renaud Laplanche @ Better Rates. Together.
In free markets, prices vary with supply and demand, and Lending Club is no exception. Until now, the Lending Club social lending community has enjoyed a near-perfect equilibrium of supply and demand, with funds available to lend slightly exceeding qualified loan applications.
The relaunch of our Facebook application and the addition of other online communities [...]
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December 9th, 2007 — CEO announcements, Lending Club, applications, excluding, fluctuate, listings, million, relaunch, respectable, starters from Renaud Laplanche @ Better Rates. Together.
With the relaunch of our Facebook application and more alumni associations and other communities joining the Lending Club network, the number of active loan listings on LendingClub.com has jumped from 60 a couple of weeks ago to 115 this morning, totaling more than $1.35 million. Lending Club borrowers with loan requests on the site enjoy [...]
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Continue reading → Responsible lending, better returns
September 13th, 2007 — CEO announcements, Lending Club, News, applications, closed, leading, morin, platform, pleased, prime, surpassed from Renaud Laplanche @ Better Rates. Together.
Lending Club launched on Facebook approximately 100 days ago and has just surpassed the $1 million dollar loan mark.
Lending Club Statistics
Facebook launch
May 24, 2007
First loan closed
June 6, 2007
Passed $1,000,000 in loan origination
September 11, 2007
Loans issued
172 for $1,046,000
Current loan applications
37 for $399,650
Rejected applicants
804
Verified lenders
683
As the first financial service to ever launch on a social [...]
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Continue reading → 100 Days and a Million Dollars in Loans!