About LendingClub

LendingClub is an American peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission, and to offer loan trading on a secondary market.

About the oppurtunity

How it Works. Peer to peer lending at Lending Club is a very simple process. They apply for a loan and if they meet certain criteria (such as a minimum 660 FICO score) their loan is added to Lending Clubs online platform. Investors can browse the loans on the platform and build a portfolio of loans.