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

Provider Ranking of Personal Loan Apps Shows Movement on a Short List
Provider Ranking of Personal Loan Apps Shows Movement on a Short List
March 20, 2023  |  Mobile Applications

When a Top 10 list only features eight brands you know they’re something special, and the Provider Ranking of Personal Loans Apps is exactly that....

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Interest Rates Have Most Consumers Changing Credit Card Habits
Interest Rates Have Most Consumers Changing Credit Card Habits
March 14, 2023  |  Credit Cards

Rising interest rates are making consumer credit card debt an increasingly expensive burden to carry. With the macroclimate already eating away at their purchasing power...

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Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
Lenders May Seek Better Tools as Millennial Debt Delinquency Expectations Rise
March 14, 2023  |  Debt

Monthly government release reflects what lenders’ recent earnings reports have hinted: millennials are sinking in debt. The Federal Reserve Bank of New York released its...

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SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
SVB Shutters and Banks Drag CE 100 Index 6.7% Lower
March 13, 2023  |  Connected Economy

The CE 100 Stock Index lost 6.7% as Silicon Valley Bank collapsed during a dramatic week that raises questions about FinTechs and startup funding. It...

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Consumers Tackle Inflation by Pulling Back on Cards While Shopping
Consumers Tackle Inflation by Pulling Back on Cards While Shopping
March 09, 2023  |  Consumer Finance

Consumers in the United States are proving resourceful as they meet inflation’s challenge head on. And that resourcefulness has led them to embrace a broad...

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LendingClub: Decline in Paycheck-to-Paycheck Ranks Is ‘Encouraging’
LendingClub: Decline in Paycheck-to-Paycheck Ranks Is ‘Encouraging’
March 07, 2023  |  Consumer Insights

At first glance, there’s reason to be optimistic when viewing the current state of the paycheck-to-paycheck economy. Joint research from PYMNTS and LendingClub shows that...

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Savings Barely Covers Credit Card Debt for Paycheck-to-Paycheck Consumers
Savings Barely Covers Credit Card Debt for Paycheck-to-Paycheck Consumers
March 06, 2023  |  Credit Cards

PYMNTS research shows that many consumers’ savings are barely enough to cover their debts. That’s according to findings in the February 2023 edition of the...

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Retailers Forecast ‘Very, Very Soft’ 2023 Outlooks
Retailers Forecast ‘Very, Very Soft’ 2023 Outlooks
March 05, 2023  |  Retail

Last week was one of good news and ominous news for U.S. retailers. The good: They were able to present better-than-anticipated earnings as shoppers continued...

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Discretionary Spending Pullback May Paint Clearer US Economic Picture
Discretionary Spending Pullback May Paint Clearer US Economic Picture
March 03, 2023  |  Connected Economy

Sometimes it just comes down to the cold, hard numbers. Three department stores, along with Best Buy, released their earnings this week, and the news was pretty grim when...

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