Why Lending Club Can Disrupt The Market At 14.8% APR

A look at why Lending Club is disrupting so much loan volume and what credit unions can learn.


Jon Jeffreys, managing partner of Callahan & Associates, hosted a webinar on June 3, 2015 about the role of innovation in today's financial services space.

In this clip, Jeffreys highlights Lending Club as a disruptive example that credit unions can learn from and compete against. Lending Club is originating about $1.6 billion dollars of loans a quarter, but not at the rates credit unions might expect.

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