LendingClub has suspended the issuance of new alternative investment grade D loans to members due to the impact of COVID-19 on the economy.
In an email sent to member investors on June 1, LendingClub announced that it will offer investors “a bonus payment of 50 basis points, or 0.5%, for all new Note purchases made between June 1 and August 31, 2020” as a thank you for their dedication to the lending community.
LendingClub recently has released its latest update to borrowers and investors amid the COVID-19 pandemic.
In its Quarterly Platform Update for Q1 2019 released this week, Lending Club announced that it is retiring Grade E loans.
In its latest Market Insights report, Lending Club explores how marketplace loans might perform in an economic downturn as well as why they believe their platform is well-positioned to sustain performance through changing economic cycles.
Lending Club recently announced financial results for the fourth quarter and full year 2018.
Liquid P2P and Interest Radar are pleased to announce that they have entered into a strategic partnership. The two third-party investing services for online peer-lending giant Lending Club will combine strengths under a single platform to deliver a more comprehensive automated tool with a patent-pending liquidity solution.
To help mitigate market risks, retail investors are allocating more to alternative investments. And industry experts agree, P2P lending is the place to be.
Liquid P2P announced today its public launch as the newest third-party automated tool for investors who use Lending Club. Located at www.liquidp2p.com, the self-funded startup enters the market with a patent-pending approach to automated investing that aims to boost returns and accelerate liquidity for its users.