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Lending Club allows lenders to trade their investments

October 14th, 2008 — , Lendingclub, US, foliofn, lendingclub.com, liquidity, note trading platform, notes, secondary market  from wiseclerk @ P2P-Banking.com

Lendingclub.com has introduced a secondary market for lenders. This is a major step, because one disadvantage for lenders in p2p lending was the lack of liquidity. Once the money was lend it was tied up (apart from repayments) until the end of the loan term (typically 36 months and more).
Through it’s secondary market - called [...]

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