LendingClub

LendingClub is an American peer-to-peer lending company, headquartered in San Francisco, California. It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission, and to offer loan trading on a secondary market.

Source: lendingclub.com

Holiday Shoppers Shift from Dining Out to Food at Home

Holiday Shoppers Shift from Dining Out to Food at Home
Holiday Shoppers Shift from Dining Out to Food at Home
November 18, 2022  |  Commerce Connected

As inflation continues to rise, consumers are becoming more frugal in their holiday food spending, shifting away from dining out at restaurants towards more cost-effective...

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40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
40% of Paycheck-to-Paycheck Consumers Will Use Financing to Make Holiday Happen
November 17, 2022  |  Consumer Finance

With 15 million consumers — close to 6% of the United States population — sitting out holiday gift buying this year, roughly 40% will use...

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Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
Half of Financially Distressed Consumers Plan to Finance Holiday Purchases
November 16, 2022  |  Consumer Finance

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Nearly a Quarter of Struggling Households Rely on a Single Income
Nearly a Quarter of Struggling Households Rely on a Single Income
November 11, 2022  |  Economy

The idea of households having a sole breadwinner seems almost quaint in 2022 given changes to workplace composition and the massive spike in costs over...

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LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
LendingClub’s Digital Bank Deposits Soar 80% as Interest Rates Rise 
October 26, 2022  |  Banking

LendingClub’s latest results, in the words of CEO Scott Sanborn, tell a story of “two halves” of 2022 as interest rates continue to soar: Get...

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40% Of US Households Are More Vulnerable to Labor Market Volatility
40% Of US Households Are More Vulnerable to Labor Market Volatility
October 25, 2022  |  Consumer Finance

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Many Paycheck-to-Paycheck Consumers Seek Relief in New Jobs
Many Paycheck-to-Paycheck Consumers Seek Relief in New Jobs
October 24, 2022  |  Consumer Finance

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89% of Consumers Feel Inflation at the Grocery Store
89% of Consumers Feel Inflation at the Grocery Store
October 19, 2022  |  Economy

Inflation is weighing heavy on consumers’ minds, and rarely are they as aware of rising prices than when browsing the aisles at their local grocery...

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Addressing America’s Financial Health Crisis
Addressing America’s Financial Health Crisis
October 19, 2022  |  Opinion

In the new PYMNTS eBook, “What’s Your Plan? Payments Strategies for a Strong 2022 Finish,” LendingClub SVP and Financial Health Officer Anuj Nayar says providing...

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