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« on: August 08, 2018, 10:43:56 PM »
My letter included info about getting recovery money...
..."Since the cash balance in your account is below the minimum investment amount and there hasn't been any recent activity in your account, we will close your account in the coming weeks.
What will happen to the cash in my closed account?
In the coming weeks, we will transfer your cash balance to the bank account linked to your LendingClub account. If the transfer fails, we will send a check to the mailing address we have on file for you. You can update your information by navigating to your account's Settings page.
Will I still be able to access my account after closure?
After your account is closed, you'll be able to log in to access past statements only. To add funds and invest in LendingClub Notes, you'll need to open a new account.
Important reminder regarding charged-off Notes in your account:
Some Notes in your account may currently be in the recovery process or enter the process in the future. (Learn more about charge-offs and recoveries at our Help Center.)
You may periodically receive residual funds from the recovery process. After your account is closed, these funds will be sent to you in the form of a mailed check. If you would like to opt out of receiving these residual funds, please complete and submit this form.
Still want to be a part of LendingClub?
If you want to keep this account open, simply reply to this email or contact Investor Services by September 10 using the phone number or email address below.
We're here to help. If you have questions or need assistance with your account, please feel free to contact us.
Best regards,
The LendingClub Team"