P2P Lending / NFT Lending Forum

Lending Club Discussion => Investors - LC => Topic started by: WES on November 13, 2014, 11:00:00 PM

Title: Who might buy LC?
Post by: WES on November 13, 2014, 11:00:00 PM
https://www.pehub.com/2014/11/lendingclub-with-plans-to-go-public-also-seeks-a-buyer/

Peter's blog today guesses that Facebook may be a plausible buyer given their history with LC. Who else would fit and why:
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Title: Who might buy LC?
Post by: Theta on November 13, 2014, 11:00:00 PM
Wells Fargo, Facebook or Google come to mind. 

Title: Who might buy LC?
Post by: Fred on November 13, 2014, 11:00:00 PM
I do wish credit-card issuer banks (Bank of America, JP Morgan, Capital One, ...) won't buy LC.  They will just kill it in favor of their credit-card business.
Title: Who might buy LC?
Post by: GS on November 13, 2014, 11:00:00 PM
What about something like eTrade ... I think it would do wonders for both companies, assuming there is not not regulatory reason why they can't merge.
Title: Who might buy LC?
Post by: jpildis on November 14, 2014, 11:00:00 PM
I think on of the bis issuers of CCs (cap one, BofA, Citi) would make the most sense.  They understand consumer credit, have the ability to securitize debt and could justify as both a defensive and offensive play to their boards.

Title: Who might buy LC?
Post by: avid investor on November 14, 2014, 11:00:00 PM
from: Fred on November 14, 2014, 08:32:10 PM
Title: Who might buy LC?
Post by: TravelingPennies on November 14, 2014, 11:00:00 PM
from: avid investor on November 15, 2014, 11:54:39 AM
Title: Who might buy LC?
Post by: rawraw on November 14, 2014, 11:00:00 PM
For every person getting out of CC debt, I'm sure there is another getting into debt.  It's not as if these loans didn't exist before LC.