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Lending Club Sets Record with $20 Million in Personal Loans Issued in June

SAN FRANCISCO July 14, 2011 personal loans $20 million $300 million $25 million

$20 million June 2011 May 2011 June 2010 $300 million $200 million $250 million

Renaud Laplanche

Focusing on prime and super-prime borrowers with a strong credit history has allowed Lending Club to provide investors with steady returns, even during the economic downturn. Since inception, the platform has generated a 9.64 percent Net Annualized Return (iii), and 100 percent of investors who have purchased at least 800 consumer notes from unique borrowers through the Lending Club platform have earned positive returns (iv).

July 1, 2011 $70,000

"Our investors have discovered what banks knew all along: prime and super-prime consumer loans offer high returns, with low volatility," said Laplanche.

About Lending Club

San Francisco, CA. .


July 7, 2011

July 7, 2011

$20,000 July 7, 2011

SOURCE Lending Club

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