Lending Club Raises Average Rate to 0.25% for New Loans
Fintech Labs Insights
DECEMBER 23, 2015
Since credit card issuers were required to increase their prime rate by the same amount, the company is not concerned it will push away borrowers. The market cap is at $4.32 Lending Club debuted at the first Finovate in 2007. Yesterday peer-to-peer lending platform, Lending Club [NYSE: LC], offered one answer.
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