P2P Lending / NFT Lending Forum

Lending Club Discussion => Investors - LC => Topic started by: lascott on September 17, 2015, 11:00:00 PM

Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: lascott on September 17, 2015, 11:00:00 PM
http://ir.lendingclub.com/file.aspx?IID=4213397&FID=31153343

Company Release - 09/18/2015 09:00
SAN FRANCISCO, Sept. 18, 2015 /PRNewswire/ -- Lending Club (NYSE: LC), the world's largest online marketplace connecting borrowers and investors, announced today that its marketplace is now available to investors in
Indiana, Kansas, and Nebraska, bringing the total number of investor states available to retail investors to 36.

Lending Club, the world's largest online marketplace connecting borrowers and investors.
"In a time of market volatility, and with uncertainty about future interest rate fluctuations making other fixed income investments less predictable, Lending Club's retail investors have continued to enjoy returns averaging 5 to 8% annually since inception in 2007," said Lending Club founder and CEO Renaud Laplanche. "We are excited to offer this investment opportunity to investors in more states."

Lending Club is a two-sided marketplace that brings together borrowers looking for lower rates and a great experience, and investors looking for attractive returns. Individual retail investors use the platform to access consumer credit as an asset class not previously available to them. Investors on the Lending Club platform can invest in loans in increments as low as $25, diversifying across hundreds or thousands of borrowers, to quickly and easily build a portfolio that fits their investment objectives. Each fraction of a loan is invested in through a Note. Lending Club Notes have Historical Returns by Grade A-C of 5.19% to 8.88%.* Among investors who own 100 or more Notes of similar size representing loans to different borrowers, 99.9 percent have seen positive returns.

Indiana, Kansas, and Nebraska residents can now create an account at www.lendingclub.com, and choose either a traditional investment account or retirement account. Investors receive monthly payments of principal and interest as borrowers repay their loans, and can withdraw available cash at any time via a linked bank account.
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: hoggy1 on November 03, 2015, 11:00:00 PM
Well its been nearly a year and there are still states that restrict access to LC. I think that confirms there was nothing in law that guaranteed the public offering would allow that. Frankly, I am not in a hurry. I think a large part of the liquidity provided on Folio is provided by those excluded.
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on November 03, 2015, 11:00:00 PM
from: hoggy1 on November 04, 2015, 07:58:29 AM
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on November 03, 2015, 11:00:00 PM
from: lascott on November 04, 2015, 09:11:14 AM
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on November 29, 2015, 11:00:00 PM
from: lascott on November 04, 2015, 09:11:14 AM
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on January 07, 2016, 11:00:00 PM
Lending Club Opens to Retail Investors in New Jersey and Oregon
Company Release - 01/08/2016 09:00

http://ir.lendingclub.com/file.aspx?IID=4213397&FID=32482451

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Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on February 22, 2016, 11:00:00 PM
Lending Club Welcomes Maryland and North Dakota Investors!

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Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: sean3.eth on February 22, 2016, 11:00:00 PM
It is already hard enough to get enough notes that meet my parameters. More retail investors doesn't help me.
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on February 23, 2016, 11:00:00 PM
from: SeanMCA on February 23, 2016, 05:37:42 PM
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: PhilGD on February 23, 2016, 11:00:00 PM
from: SeanMCA on February 23, 2016, 05:37:42 PM
Title: Lending Club Opens to Investors in Indiana, Kansas, and Nebraska
Post by: TravelingPennies on February 23, 2016, 11:00:00 PM
from: PhilGD on February 24, 2016, 10:18:52 AM