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January 21st, 2008 — Announcements, CEO announcements, Lending Club, base, december, demand, increases, listings, refine, soaring, supply from Renaud Laplanche @ Better Rates. Together.
Free markets are characterized by prices that vary as a function of supply and demand, and Lending Club is no exception. Demand for loans within the Lending Club community has increased 3-fold in the last 30 days, soaring from 100 active listings in December to 300 active listings today. All loan requests are posted by [...]
Related StoresContinue reading → Base rate increases by 25 bps on Monday, January 21
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 [...]
Continue reading → Base rate increases by 50 bps on Monday, December 24
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