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LendingClub Corp LC

Financial Services Credit Services
LendingClub Corporation is a bank holding company. The Company operates its business, through its subsidiary, LendingClub Bank, National Association (LC Bank). LC Bank is the digital marketplace bank in the United States where members can access a range of financial products and services designed to help them pay less when borrowing and earn more when saving. It offers a suite of deposit and loan products through a smart, simple and rewarding digital experience. LC Bank retains loans and funds those loans directly with its own capital and deposits. LC Bank’s primary loan products include unsecured personal loans, secured auto refinance loans, and patient and education finance loans. LC Bank’s commercial lending business is primarily focused on small businesses, and it participates in the United States small business administration lending programs. LC Bank’s deposit business includes sourcing deposits directly from customers and from third-party marketing channels and deposit brokers.


NYSE:LC - Post by User

LendingClub Corp
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  • AB_ORTX
Comment by AB_ORTon Jan 26, 2015 3:06pm
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Post# 23364597

RE:heading below the IPO price

RE:heading below the IPO priceYes, you might be right, I will pick up some more at that point. I think this is a race to profitability; first to become profitable will win the online lending crown.
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