LendingClub

Earn Solid Returns

Notes offered by prospectus filed with the SEC. This information should not be considered investment advice. Past performance is no guarantee of future results. Consider reviewing the prospectus with a financial advisor prior to investing. Information presented for illustrative purposes only and is not a report of actual performance of an identified portfolio of Notes.

With an investment at Lending Club you can:

Quickly and easily build a portfolio that fits your investment objectives
Diversify across hundreds or thousands of loans taken by quality borrowers
Receive monthly payments of principal and interest as borrowers repay their loans

A Financial Innovation.

Lending Club is the world's largest online marketplace connecting borrowers and investors. Since inception we have facilitated billions in loans to quality borrowers . We operate completely online and utilize technology to lower costs versus the traditional banking system. We pass the cost savings on to borrowers in the form of lower rates, and to investors in the form of solid returns. As with a mutual fund, our reputation rests on our track record of evaluating loans and accurately predicting performance.

Loan Grades: Risk and Reward

Lending Club assigns a grade (from A to G) to each loan based on the credit quality and underlying risk of the borrower.

The lowest interest rates are assigned to the least risky grades, which reflect the potentially lower loss rates (lower rate of charged off loans) and lower volatility in returns.2

Reward and Risk

Quality Borrowers.

Applications are approved based on stringent credit criteria designed to focus on the most creditworthy borrowers. As of December 31, 2014, the majority of our members use the loans to pay off high interest rate loans, most often credit card balances. The average interest rate on credit cards is over 17.17%.3

As of December 31, 2014, the average Lending Club borrower shows the following characteristics:

700 FICO score
17.2% debt-to-income ratio (excluding mortgage)
15.9 years of credit history
$73,278 personal income (top 10% of US population)4
Average Loan Size: $14,292

Solid Returns.

Lending Club Notes have Historical Returns by Grade A-C of 4.91% to8.38%. 5 You can choose the grade or grades that fit your investment goals.To see the historical returns for all grades as well as other data, visit the Statistics page.

Monthly Cash Flow.

As borrowers make principal and interest payments each month, the funds are distributed to investors and are available for investors to reinvest or withdraw at any time. For example, if an investor made a $100,000 one time investment in 36-month, grade B Notes providing an aggregate 6.0% net annualized return, they would receive approximately $3,035 each month in cash payments to reinvest or withdraw.

Investor Fees

Lending Club uses its low operating costs to pass savings on to investors in the form of solid returns and low investing costs. There are no hidden fees or charges. Lending Club collects fees from investors when they receive payment proceeds, so our revenue from investors is tied directly to their cash flow.

Service Charge

Lending Club provides servicing for the loans facilitated through our platform. This includes maintaining investor accounts, collecting and processing principal and interest payments from borrowers, and distributing these payments net of fees to investors. Investors pay Lending Club a service fee equal to one percent (1%) of the amount of any payments received within 15 days of the payment due date. If a borrower misses a payment, investors do not pay a service fee.

Collection Fee

When borrowers miss payments and loans become late, Lending Club uses best practices from the banking industry to bring delinquent loans back to "current" status. Currently, Lending Club charges investors one of the following collection fees, which is deducted from any amount recovered:1) 18% of the amount recovered if the loan is 16 or more days late and no litigation is involved, or 2) 30% of hourly attorneys' fees, plus costs, if litigation is involved. Lending Club does not charge a collection fee if no payments are collected, and no collection fee will be charged in excess of the amount recovered.

Please note that Lending Club currently charges investors a reduced collection fee, which may be discontinued at any time. The normal collection fee is a percentage of the amount recovered: 30% if the loan is less than 60 days past due and was made to the borrower during the previous 90 days; 35% in all other cases, except litigation; 30% of hourly attorneys' fees in the event of litigation, plus costs.

Lending Club Notes are offered by prospectus filed with the SEC. Please consider the risks of investing.

Collection Fee

Lending Club Notes are offered by prospectus filed with the SEC. Please consider the risks of investing.

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Facts

Reported Return: 8.50%
High Risk Yield: 9.00%
Medium Risk Yield: 8.00%
Low Risk Yield: 7.80%

Min. Deposit Amnt: $25.00
Total Loans Funded: 6.21B
Average Service Fee: 1.00%

Loan Terms

12 Months
24 Months
36 Months
48 Months
60 Months

Reviews & Ratings

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Expert Ratings: None

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