SCP Prosper, P2P Lending, Investing, And Finance Forum
August 01, 2010, 01:18:02 AM *
Welcome, Guest. Please login or register.

Login with username, password and session length
News: If you have register a new forum account, please check your email for approval and activation.
 
   Home   Help Search Gallery Login Register me@Prosper SCP  
SCP Prosper, P2P Lending, Investing, And Finance Forum > Investing and Finance > Peer-to-Peer Lending > LendingClub Gets More Fundings
Pages: [1]
« previous next »
  Print  
Share this topic on AskShare this topic on BlinkbitsShare this topic on BlinklistShare this topic on BloglinesShare this topic on BmarksShare this topic on Del.icio.usShare this topic on DiggShare this topic on DzoneShare this topic on FacebookShare this topic on Feed Me LinksShare this topic on FurlShare this topic on GoogleShare this topic on LiveShare this topic on MagnoliaShare this topic on MySpaceShare this topic on NetvouzShare this topic on NewsvineShare this topic on OneviewShare this topic on RedditShare this topic on RojoShare this topic on ScuttleShare this topic on ShadowsShare this topic on SlashdotShare this topic on SpurlShare this topic on SquidooShare this topic on StumbleUponShare this topic on TechnoratiShare this topic on TwitterShare this topic on TipdShare this topic on YahooShare this topic on Google buzz
Author Topic: LendingClub Gets More Fundings  (Read 407 times)
go4reward
Administrator
Forum Champion Addict
*****
Location: MoneyLand
Posts: 1301



WWW
« on: March 27, 2009, 12:48:25 PM »
According to Business Journal LendingClub is getting more fundings lately from various sources. It might fill the void when Prosper left now.
Here is the link:
http://sanjose.bizjournals.com/sanjose/stories/2009/03/16/daily62.html?ana=yfcpc

I hope Prospers will come back soon.
Logged
Swag bucks - Search the web and win rewards for free.
Investar
Global Moderator
Forum Expert
*****
Location: Pennsylvania
Posts: 415



WWW
« Reply #1 on: March 27, 2009, 01:35:39 PM »
Yeah, I read that elsewhere. The $12 million is more borrowed capital so they can continue to operate. They are still operating at a loss just as Prosper was. The operation has not grown large enough to support itself thru origination and servicing fees.

I also read here that you can now open an IRA at LendingClub. So they are continuing to expand.
Logged
go4reward
Administrator
Forum Champion Addict
*****
Location: MoneyLand
Posts: 1301



WWW
« Reply #2 on: March 27, 2009, 02:20:42 PM »
Quote from: Investar on March 27, 2009, 01:35:39 PM
I also read here that you can now open an IRA at LendingClub. So they are continuing to expand.


I would not risk my IRA money with p2p lending yet until the credit crisis has submerged. Traditional IRA maybe OK, but not Roth IRA.
Logged
Swag bucks - Search the web and win rewards for free.
deskguy
SCP Prosper Lender
Forum Expert
***
Location: Maryland
Posts: 206
« Reply #3 on: March 27, 2009, 03:11:17 PM »
I also read here that you can now open an IRA at LendingClub. So they are continuing to expand.
--------------------------
but if you're from maryland, don't bother apply.

 deskguy
Logged
go4reward
Administrator
Forum Champion Addict
*****
Location: MoneyLand
Posts: 1301



WWW
« Reply #4 on: March 27, 2009, 07:09:50 PM »
Quote from: deskguy on March 27, 2009, 03:11:17 PM
I also read here that you can now open an IRA at LendingClub. So they are continuing to expand.
--------------------------
but if you're from maryland, don't bother apply.

 deskguy

What a bummer! Maryland is always a lagger.
Logged
Swag bucks - Search the web and win rewards for free.
Pages: [1]
  Print  
« previous next »
 
Jump to:  

Momentum Stocks | Socorro Capital Partners


Powered by MySQL Powered by PHP Powered by SMF 1.1.11 | SMF © 2006-2009, Simple Machines LLC Valid XHTML 1.0! Valid CSS!