LENDING CLUB Review: Peer to Peer Lending
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by kentemad . Updated: 3 years

Founded in 2007, Lending Club is the world’s largest P2P lending platform with over $20 billion in loan issuance. It offers both consumer and small- and medium-sized enterprise (SME) loans over fixed periods of 36 or 60 months.
The following graph shows the average interest rate charged to borrowers in all credit ratings for 36 and 60 month loans.