This company promises great interest and returns and is nothing more than a PONZI scheme. They lend money to people through micro loans and there is 100% zero recourse to people that don’t pay. Lending club will have you auto invest in these micro loans to create you a porfolio that will crumble and net you zero profit. If you buy 1000 loans and 25 go bad it will kill your entire portfolio! Lending club is handing out this money as fast as they get it because they make money on the transaction. Stay away from this as you will not make any money what so ever and only have headaches. Your money is non accessable once you invest too!