Understanding Lending Club Returns

There are many third party tools out there that many seasoned investors already know about.  However, Lending Club continues to add functionality to their own site like net annualized return.  Today I noticed something that I had not seen before which was a link to ‘Understanding Your Returns’. [Read more...]

Lending Club adds Adjusted Net Annualized Return

Some of you may have already heard about or seen a change to your Lending Club account. Last week they added an on/off switch for adjusted net annualized return.  Often times, I am met with skepticism when I tell people about my investment in Lending Club and it is soon followed by a question of my return on investment.  I feel that I can now give them a fairly accurate number without having to do any math. [Read more...]