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My New Book on Lending Club Now Available

by Peter Renton on November 7, 2012

How the world's largest peer to peer lender is transforming finance and how you can benefitAs many of you know I have been working on a book about Lending Club the last few months. Today, I am pleased to announce that The Lending Club Story has just been released on Amazon.

Currently the book is available on Amazon in the Kindle format; it will be released in other formats (Barnes and Noble Nook, Apple iBook and downloadable PDF) in the near future. I may also make a physical book option available at some point.

This book covers Lending Club past, present and future. It is around 80-90 pages long (or it would be if it was a physical book) and it is completely up to date including the big news from just a couple of days ago. Here is a breakdown of the chapters:

1. Introduction
2. History of Lending Club
3. Lending Club Investors
4. Lending Club Borrowers
5. The Future

There is a also a short foreword by Lending Club CEO Renaud Laplanche.

So why did I write a book on Lending Club and not Prosper, or the entire industry for that matter? The short answer is that Lending Club is the clear market leader and I wanted to provide an easy to read reference book for people who are looking to learn more. This is my first book and I will cover Prosper in a book next year. I am also planning a detailed book about the industry just for investors.

You Will Learn Something New

I spent a great deal of time researching this book and spoke with many people inside Lending Club including conversations with Renaud Laplanche as well as one of their board members who has been involved since the very beginning. So, I am confident if you buy the book you will learn plenty of new information.

But if you are looking for the latest investment strategies for Lending Club investors you will be disappointed. There are no strategies covered in this book, that will be a topic for a future book. This book serves as a reference for people wanting to know about Lending Club, the company and their platform.

Available for $4.99 Now or Wait and Get if for Free

You can buy the ebook on Amazon right now for $4.99. Or if you wait a couple of weeks I am going to do a free promotion where you will be able to pick it up at no charge. But if you want it today or you are happy to pay the $4.99 then please go ahead and buy it now.

Then let everyone know what you think. Since the book has just been launched there are no reviews yet. So, once you have read the book I would appreciate it if you could share your thoughts on Amazon and give the book a rating there. And thank you.

{ 10 comments… read them below or add one }

Frankie November 7, 2012 at 2:54 pm

I have Amazon Prime, and it looks like I can borrow it for free if I have a Kindle (I don’t). I’ll be sure to leave a glowing review once I get a chance to read it.


Peter Renton November 7, 2012 at 2:59 pm

That’s right Frankie. Amazon Prime members can borrow for free and you don’t have to have a Kindle. I probably should have mentioned that – you can read the book on any phone or tablet (Apple or Android) using the Kindle app (you can download it for free) or you can use the Kindle Cloud Reader which allows you to read the book in any browser.


Frankie November 7, 2012 at 3:05 pm

Just installed the Kindle App on my Android and looks like I can’t borrow using the App, although this could be a problem on my end. I was able to choose “Try A Sample,” and have downloaded the sample and will read this evening.


Peter Renton November 7, 2012 at 3:07 pm

I don’t think you can borrow directly from within the app – but you should be able to borrow from the Amazon website at the link above and send to your Android.


Dan B November 7, 2012 at 10:54 pm

Congrats on the new book!


Peter Renton November 8, 2012 at 7:28 am

Thanks Dan, much appreciated.


Megan November 8, 2012 at 9:11 pm

Wow Peter a forward by Mr. LaPlanche himself. Nicely done :)


Peter Renton November 9, 2012 at 11:00 am

Thanks Megan. He was very gracious in agreeing to write the foreword.


Michael November 9, 2012 at 10:54 am

I enjoyed reading your book Peter. I hope you have a “Prosper Story” in the works.


Peter Renton November 9, 2012 at 11:01 am

Thanks Michael. Yes, there will be a book on Prosper out some time next year.


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