READ/WRITE WEB -- July 29 -- Lending Club is an online lending community where people bypass the banks, and supposedly get better rates. Lending Club operates via Facebook. Read/WriteWeb listed Lending Club as one of our Top 10 Facebook Apps. On Thursday, Lending Club passed thalf a million dollars mark, just a month after it passed $100k. Interest rates seem high , with the averaging 10.71%. The average loan size has also gone up, from $4,700 to $5,250. FULL ARTICLE @ READ/WRITE WEB