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

Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings

Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings
Paycheck-to-​Paycheck Ranks Swell as Rising Prices Erode Savings
February 09, 2022  |  Consumer Finance

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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As SoFi and a Handful of Challenger Banks Grow Up, Traditional Lenders Should Be Nervous
As SoFi and a Handful of Challenger Banks Grow Up, Traditional Lenders Should Be Nervous
February 07, 2022  |  Digital-First Banking

There are challenger banks, and now perhaps there’s everyone else. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

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Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders
Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders
January 28, 2022  |  Loans

With 2021 done, 2022 looms as a landscape of challenge and opportunity for financial services providers. Get the Full Story Complete the form to unlock...

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LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
LendingClub Aims for the Cloud, More Mobile-First Platforms in ’22
January 26, 2022  |  Payment Methods

In a Q4 LendingClub earnings call, CEO Scott Sanborn laid out the company’s vision for 2022, to keep building its on-balance-sheet loan portfolio and moving...

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82% of Consumers Who are Pessimistic About the Economy Cite Inflation
82% of Consumers Who are Pessimistic About the Economy Cite Inflation
January 20, 2022  |  Economy

Consumers from different demographic groups are perceiving the economy in different ways, but their mood is generally negative, according to Reality Check: The Paycheck-To-Paycheck Report,...

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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. Get the Full Story Complete the...

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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. Get the Full Story...

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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. Get the Full Story Complete the form to...

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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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