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

How Did $1,400 Become the ‘New’ Average Emergency Expense?

How Did $1,400 Become the ‘New’ Average Emergency Expense?
How Did $1,400 Become the ‘New’ Average Emergency Expense?
September 14, 2022  |  Economy

For years, $400 has served as shorthand for the precarious state of the U.S. consumer’s financial health — namely, whether they could afford to meet...

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Shopify, Porch Lead Surge in ConnectedEconomy100 Index
Shopify, Porch Lead Surge in ConnectedEconomy100 Index
September 12, 2022  |  Connected Economy

It’s a rare occasion when the Connected Economy 100 (CE100™) Index outperforms the broader markets, but we’ve seen that happen in the past week. Get...

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Data Brief: Unexpected Emergencies Cost Consumers Upward of $1,400
Data Brief: Unexpected Emergencies Cost Consumers Upward of $1,400
September 02, 2022  |  Economy

Emergency expenses can be relative based on one’s financial wellness, but the fact is, millions of American households don’t have the funds to pay for...

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The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
The Data Point: Paycheck-to-Paycheck Living Now Stands at 59% of All US Consumers
September 02, 2022  |  Consumer Finance

With inflation deflating the dollar and prices through the roof, more Americans report they are living paycheck-to-paycheck, though the stats vary month to month. Get...

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Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
Savings Not Enough to Blunt Paycheck-to-Paycheck Pressures
August 29, 2022  |  Economy

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NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
NEW DATA: US Consumers Face Emergency Expenses 3.5x Larger Than Fed Estimates
August 29, 2022  |  Consumer Finance

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FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
FinTech Lenders Scramble for Investors as More Loans Backed With Deposits
August 22, 2022  |  Fintech Investments

FinTech lenders are backing more loans with deposits as investors become tougher to find amid rising interest rates and expectations for higher yields. Get the...

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FTC Sends $9.7M in Fee Refunds to LendingClub Customers
FTC Sends $9.7M in Fee Refunds to LendingClub Customers
August 12, 2022  |  Legal

The Federal Trade Commission (FTC) is sending over $9.7 million in payments to 61,990 customers who the FTC said were charged hidden fees from LendingClub,...

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$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
$100K+ Households Saw Biggest Increase in Paycheck-to-Paycheck Living
August 09, 2022  |  Consumer Finance

Living paycheck to paycheck is the most common financial lifestyle in the United States, with an increasing share of high-income consumers now doing so.  Get...

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