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Topics - Paulie2083

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Investors - LC / Discontinuing F and G grade Notes
« on: November 07, 2017, 05:54:31 PM »
"As of November 7, 2017, F and G grade Notes will not be available on the LendingClub investor platform. We are consistently assessing the value our product delivers to our investors, and have noticed an increase in prepayment and delinquency rate in F and G grade Notes. We feel it is in the best interest of our investors to remove F and G grade Notes while we test new capabilities and refinements to the underwriting and pricing criteria and determine how to best offer a better experience for both borrowers and investors in the F and G segment."

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