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

LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
LendingClub Drives Auto Refinance Across 40 States, Reaching 94% of US Population
November 30, 2021  |  Loans

Digital marketplace bank LendingClub now offers automobile refinance loans in 40 states, reaching 94% of the population nationwide and saving the average borrower about $4,000...

READ MORE >
Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
Lenders Use Automation, Data and Payments Tech to Shorten Approval, Payout Process
November 30, 2021  |  Disbursements

Lending has become increasingly streamlined, including automated approvals and disbursements, but the pandemic demonstrated weaknesses in digital lending. Demand for both consumer and small business...

READ MORE >
LendingClub Backs US Truth in Lending Bill to Extend Transparency
LendingClub Backs US Truth in Lending Bill to Extend Transparency
November 19, 2021  |  Politics

LendingClub is backing the Small Business Lending Disclosure Act, a bill introduced in the U.S. House and Senate this week that calls for extending the...

READ MORE >
Inflation, Disappearing Stimulus Payments Push Paycheck to Paycheck Consumer Ranks Higher
Inflation, Disappearing Stimulus Payments Push Paycheck to Paycheck Consumer Ranks Higher
November 18, 2021  |  Consumer Payments

The holidays are upon us and beyond the festive urge to spend, some troubling signs point to the fact that if we keep charging the...

READ MORE >
Holidays Could be Tough for Consumers Living Paycheck to Paycheck
Holidays Could be Tough for Consumers Living Paycheck to Paycheck
November 16, 2021  |  Loans

Thanksgiving is in front of us, though we all know the unofficial kickoff to the holiday spending season really happens before Black Friday. For many...

READ MORE >
New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
New Data: Uptick in Paycheck-to-Paycheck Living Pegged Mostly to Financial Fears
November 09, 2021  |  Consumer Payments

PYMNTS’ research in 2021 has illuminated the surprising extent of paycheck-to-paycheck living in the U.S. — even among those with high incomes. After a brief...

READ MORE >
33% Of Paycheck-to-Paycheck Consumers Won’t Shop More at Physical Stores Until the Pandemic Ends
33% Of Paycheck-to-Paycheck Consumers Won’t Shop More at Physical Stores Until the Pandemic Ends
November 09, 2021  |  Retail

While the greatest share of all consumers say health-related issues are their top reason for concern about COVID-19, consumers who live paycheck to paycheck with...

READ MORE >
Report: End of Pandemic Could Kick-Off Spending Spree For Paycheck-to-Paycheck Consumers
Report: End of Pandemic Could Kick-Off Spending Spree For Paycheck-to-Paycheck Consumers
November 01, 2021  |  Consumer Finance

The United States economy continues to rebound from the worst of the COVID-19 crisis, but the pandemic’s effects are still impacting consumers’ shopping habits, especially...

READ MORE >
LendingClub Loan Originations Up 14% Q/Q, Marketplace Revenues Gain 15%
LendingClub Loan Originations Up 14% Q/Q, Marketplace Revenues Gain 15%
October 27, 2021  |  Earnings

In a sign that consumer appetite for loan products has been resilient even in the pandemic — and that borrowers continue to online platforms to...

READ MORE >