Comments on: LendingClub Files Amended S-1 and Discloses Changes to How it Sets Interest Rates http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/ Money Management and Personal Finance | The Dough Roller Sat, 21 Nov 2009 01:10:27 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: DR http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/comment-page-1/#comment-8786 DR Wed, 06 Aug 2008 00:54:35 +0000 http://www.doughroller.net/?p=1005#comment-8786 Jenna, I don't know, but after their S-1 goes effective and the quiet period is over, I'll be talking with my contacts at LC and will find out. Jenna, I don’t know, but after their S-1 goes effective and the quiet period is over, I’ll be talking with my contacts at LC and will find out.

]]> By: Jenna http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/comment-page-1/#comment-8775 Jenna Tue, 05 Aug 2008 14:14:43 +0000 http://www.doughroller.net/?p=1005#comment-8775 >>With the exception of borrowers with exactly five open credit accounts, all other borrowers will have their interest rate increased by varying amounts depending on the number of open accounts. Why exactly five? How did they arrive at that number? Anybody know? >>With the exception of borrowers with exactly five open credit accounts, all other borrowers will have their interest rate increased by varying amounts depending on the number of open accounts.

Why exactly five? How did they arrive at that number? Anybody know?

]]> By: Lending Club Updates SEC Registration and Discloses Interest Rate Changes  »TechAddress http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/comment-page-1/#comment-8763 Lending Club Updates SEC Registration and Discloses Interest Rate Changes  »TechAddress Tue, 05 Aug 2008 00:32:39 +0000 http://www.doughroller.net/?p=1005#comment-8763 [...] been in a "quiet period" since April 2008 while working on the registration. Today the DoughRoller blog was able to gather new information on the SEC registration [...] [...] been in a "quiet period" since April 2008 while working on the registration. Today the DoughRoller blog was able to gather new information on the SEC registration [...]

]]> By: DR http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/comment-page-1/#comment-8761 DR Tue, 05 Aug 2008 00:17:40 +0000 http://www.doughroller.net/?p=1005#comment-8761 Mike, I think they want to see borrowers with some credit history, which requires a certain number of credit accounts. As the number of accounts gets too high, the result is higher interest rates with LendingClub. Mike, I think they want to see borrowers with some credit history, which requires a certain number of credit accounts. As the number of accounts gets too high, the result is higher interest rates with LendingClub.

]]> By: Four Pillars http://www.doughroller.net/p2p-lending/lendingclub-changes-how-it-sets-interest-rates/comment-page-1/#comment-8760 Four Pillars Mon, 04 Aug 2008 23:58:23 +0000 http://www.doughroller.net/?p=1005#comment-8760 I don't get it - they want the borrowers to have more credit cards? If I was a lender I would think the less the better! Mike I don’t get it – they want the borrowers to have more credit cards? If I was a lender I would think the less the better!

Mike

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