Unfortunately, not all states allow investors to participate in p2p lending. I have written about this situation before but the bottom line is that every state has its own securities laws and some are more strict than others.
New potential investors want to know this: Is my state approved for investing with Lending Club and/or Prosper? To answer that question definitively I decided to create an easy to read map that will show everyone their different options.
The Definitive Map for Investors in Lending Club and Prosper
We have scoured through the most up to date information at Lending Club and Prosper to create this map below. We have color coded the map to make it easy for you to see where your state stands. And you can zoom in and out easily as well as drag the map to see where the different states stand. You can also click on each state for a quick summary of what is approved. And if you want see a slightly larger map just click here.
- Lending Club & Prosper
- Lending Club only
- Prosper only
- LC Foliofn only
- Not approved