Lending Club Stock
Peer-to-Peer Lending Platform
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About Lending Club Stock
Lending Club went public on December 11, 2014 and is listed under LC.
Lending Club is a peer-to-peer (P2P) lending company that bypasses the traditional banking system. By eliminating the middle man, borrowers can obtain loans at lower interest rates, and investors can receive higher returns on their savings. To date, Lending Club has originated over $3 billion in loans, and paid out nearly $300 million to investors.