100 times and a Million Dollars in Loans!

100 times and a Million Dollars in Loans!

Lending Club launched on Twitter roughly 100 times ago and it has simply surpassed the $1 million buck loan mark.

Lending Club Statistics
Twitter launch might 24, 2007
First loan closed June 6, 2007
Passed $1,000,000 in loan origination September 11, 2007
Loans granted 172 for $1,046,000
present loan requests 37 for $399,650
refused candidates 804
Verified lenders 683

While the very first service that is financial ever introduce on a myspace and facebook, and another of a number of Day 1 Facebook applications, we have been happy to observe that Facebook has a lot more than doubled its active individual base to 40 million and therefore nowadays there are 4,000 Facebook applications. Continue reading “100 times and a Million Dollars in Loans!”