With every release we are extending BitLendingClub system capabilities and delivering new features. We’ve done our best to improve BitlendingClub while still maintaining the stability and security that you have come to expect. Below is a short description of some of the bigger changes you will notice on BitLendingClub.com:
Announcing the New BitLeningClub API
The long-awaited BitLendingClub API has been finally released. This will allow you to get list of loans and the loan details, repay a loan and get the amortization schedule. You are also able to create, modify and delete investments. We hope that will lead to more flexibility and greater convenience to you. We also pulled together a video walk-through how to create an API token.
What can you do with it?
Quite a lot! Our first version of API is an exciting step forward towards making it easier for our users to have open access to their account activities.
How to get started?
Communicating with the BitLendingClub API is based on the transfer of a token. You can easily obtain a token from the API page of your account.
Once you’ve done that at the top of the page you’ll see the new API token.
Select and copy the token and you are ready to use our API. You are able to refresh or delete the token if necessary.
One of the new features that we have added is the ability to improve the visibility of your loan by social sharing. Simple Share Buttons allows you and your investors to share your loan listing with ease, and you as a borrower to get some new investments. Each social share gives you a free vote on the loan! Now, your loans will be funded in no time.
We have added an advanced filters page which allows you to create much more complicated filters. You are able to save the filter and re-use it in future. Furthermore, you are able to subscribe for a specific search filter and receive a notification when new loans matching the filter are created.
Key changes include: loan’s payment frequency, payment status, expiration date or even the borrower’s current salary.
To locate your saved filter first log into your BitLendingClub account. Go to “My account” and then select “Settings” from the drop-down menu. From the left side bar select “Saved filters”.
You are able to subscribe for a filter or delete it.
What else is new in BitLendingClub:
- Active-to-repaid ratio – We have added to the user’s profile summary active-to-repaid ratio .
Active-to-repaid ratio = ( Active loans/Payments made)*100.
- Re-arranged dashboard and verification center
As always, please feel free to send us your feedback and thoughts via email or on Twitter. Our work continues and we hope that your experience with BitLendingClub continues to improve.
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We’d really appreciate your thoughts on how we can make this work best for you.
The BitLendingClub Team