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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
Post by AB_ORTon Feb 25, 2015 2:05pm
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Post# 23464309

Why the beatdown?

Why the beatdown?I don't understand why the beat-down in price over the financials? These guys are executing brilliantly on a longer term plan, it would however be nice if they could reduce their overhead.

I believe this is the future for lending. Long and strong.
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