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

40% of Consumers Have a Negative View of the Economy
40% of Consumers Have a Negative View of the Economy
January 07, 2022  |  Consumer Finance

More consumers have a pessimistic outlook about the economy than did in May and, not surprisingly, fewer are optimistic. Reality Check: The Paycheck-To-Paycheck Report, a...

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LendingClub Reorganizes to Focus on ‘Everyday’ Americans
LendingClub Reorganizes to Focus on ‘Everyday’ Americans
January 04, 2022  |  Banking

LendingClub won’t be going forward with several business operations in 2022, including its yacht loan business, according to CEO Scott Sanborn. “Yacht loans are simply...

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Inflation, COVID Variants Pose Fresh Challenges for Paycheck-to-Paycheck Consumers in 2022
Inflation, COVID Variants Pose Fresh Challenges for Paycheck-to-Paycheck Consumers in 2022
December 21, 2021  |  Economy

The stimulus checks are largely disbursed. New COVID-19 variants are here. Inflation is running at record highs. Anuj Nayar, financial health officer at LendingClub, told...

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40% of Consumers Are Pessimistic About the Economy, up From 32% in May 
40% of Consumers Are Pessimistic About the Economy, up From 32% in May 
December 17, 2021  |  Economy

Consumers’ perception of the economy has darkened since the spring. While 32% of consumers were pessimistic about the economy in May, that figure rose to...

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Today’s CFO Uses Data and Experience to Shape Digital Transformation
Today’s CFO Uses Data and Experience to Shape Digital Transformation
December 17, 2021  |  CFO

As the first public neobank in the U.S., LendingClub has well-positioned itself to meet consumers’ needs as they rely more and more on digital channels...

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With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
With Inflation on the Rise, Paycheck-to-Paycheck Consumers See Loans as Financial Lifeline
December 08, 2021  |  Consumer Finance

Every tick upward in prices in 2021 has taken a bite out of consumers’ wallets and their confidence in the economy. The sticker shock many...

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Personal Loan App Provider Ranking Gains a New Member and Sees the Leader Achieve a Perfect Score 
Personal Loan App Provider Ranking Gains a New Member and Sees the Leader Achieve a Perfect...
December 06, 2021  |  Loans

Whatever your plans for a loan, you want to make sure the lender is one that’s right for you and their app is one that can...

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LendingClub on the Benefits and Potential Pitfalls of Automated Lending
LendingClub on the Benefits and Potential Pitfalls of Automated Lending
December 01, 2021  |  Disbursements

Personal loans were still a niche product when peer-to-peer (P2P) lending company LendingClub was founded in 2007. Today, PYMNTS’ research shows that 24% of U.S....

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60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
November 30, 2021  |  B2B Payments

Small and medium-sized businesses (SMBs) receive more than one-third of their sales through ad hoc payments — infrequent, one-time transactions — PYMNTS research has found. In...

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