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Messages - bcartpa

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Investors - LC / You have to love Wall Street
« on: June 08, 2016, 11:00:00 PM »
Quote
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Investors - LC / Lending Club Site is Down
« on: June 08, 2016, 11:00:00 PM »
Site down again now (10:30 AM ET), but API seems to be working fine.
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Investors - LC / Email from Lending Club
« on: May 31, 2016, 11:00:00 PM »
Just got this email from Lending Club about 30 minutes ago.  Looks like a pretty strong statement of commitment to retail investors.


Hello ______,
 
I wanted to check back in.
 
Some of you responded to my first email with a note about your continued support; others of you are talking to our Investor Services team to get your questions answered.
 
The most common question we're getting is this: Are we committed to individual investors?
 
Emphatically, yes.
 
You're the heart of our marketplace.
 
We started Lending Club with the simple but revolutionary idea that we could democratize access to consumer credit. That idea - and our commitment to it - will never change.
 
Our mission is to make people's lives better. That's true for borrowers - helping them get access to responsible credit - as well as investors. We want to help you build your financial future.
 
You've always been the foundation of our marketplace. You helped us start Lending Club in 2007; now our individual investor base is over 150,000 members strong. We've also improved the platform based on your feedback. We created Automated Investing, simplified the IRA investment process, and integrated our platform with TurboTax.
 
We're doubling down on our efforts to serve you. We're staffing up on our Investor Services team and are eager to connect with you to see how you're doing. We're also dedicating more engineering resources to you to ensure you have a great investment experience.
 
We want your ideas on what else we can do.
 
To prove our commitment and thank you for investing with us, we're offering a bonus for new funds transferred to your account by July 15, 2016.1 The more you invest, the bigger the bonus you could receive.

$5,000 - $9,999 - bonus $100
$10,000 - $24,999 - bonus $200
$25,000 - $49,000 - bonus $500
$50,000 - $99,000 - bonus $1,000
$100,000+ - bonus $2,000
 
In the meantime, keep your ideas and questions coming. Our Investor Services team is here to help.
 
Sincerely,
 
Scott Sanborn
Lending Club President & Acting CEO
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