At least three of my readers from MO have contacted me and asked when Lending Club would be approved in that particular state. The answer remains – I don’t know. I saw today that Prosper (also in the peer to peer lending space) has been approved in Missouri and Louisiana, though. I would say that Lending Club probably isn’t far behind. That’s purely speculative on my part, but unless they’ve found a significant difference between the two, why not create a little competition, right? In the meantime, you can try out Prosper. Let me know how it goes.
I have a friend and reader in New York, where Lending Club has been approved, who has been using lending club and has funded about $400 worth of loans so far. Some time in the not so distant future, he’s agreed to share his experiences on Lending Club. He already knows a lot more about it than I do. Keep an eye for that post. Should be helpful. Thanks for reading.
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