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

Nearly Half of 2023’s Paycheck-to-Paycheck Consumers Had Super-Prime Credit Scores
Nearly Half of 2023’s Paycheck-to-Paycheck Consumers Had Super-Prime Credit Scores
December 19, 2023  |  Consumer Finance

Many people are resorting to credit cards to navigate difficult financial times, especially as the rising prices of goods and services continues to weigh on...

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CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
CE 100 Index Climbs 4.2% as Banking Names Rally on Possible Rate Cuts 
December 18, 2023  |  IPO

A broad stock market rally was the hallmark of last week’s trading action. The Federal Reserve signaled a pause on interest rate hikes and three...

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Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
Sometimes a Retail Trend Just Isn’t Enough to Boost Sales 
December 11, 2023  |  Retail

If you read the Y2K piece on PYMNTS late last month, you’d be aware that millennials are facing unique challenges in meeting their financial needs. ...

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Gen Z Alone in Reporting Improved Finances This Year
Gen Z Alone in Reporting Improved Finances This Year
December 08, 2023  |  Consumer Finance

The unemployment rate is at pre-pandemic levels and inflation has dropped from 9.1% in July 2022 to 3.2% in October 2023, according to the Bureau...

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CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
CE 100 Index Gains 3.1% as Communications Stock Surge Is Led by Snap 
December 04, 2023  |  Connected Economy

The CE 100 Index gained 3.1% coming off a Thanksgiving holiday-truncated week with vigor as all segments gained ground. The Communications pillar surged 8.7%.   Snap...

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Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
Banks Play Important Role in Helping Paycheck-to-Paycheck Consumers Build Savings
November 28, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that U.S. consumers face a cash drain — but proactive planning can...

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Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
Side Gigs Help Ease Paycheck-to-Paycheck Consumers’ Financial Stress This Holiday
November 23, 2023  |  Consumer Finance

In today’s challenging economic climate, many consumers find themselves living paycheck to paycheck and struggling to make ends meet. This is why a significant number...

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1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
1 in 5 of Consumers Without Paycheck Pressures Still Plan to Finance Holiday Purchases
November 21, 2023  |  Consumer Finance

As the holidays near, balancing tight budgets with the festive spirit can become a challenge. Which is why traditionally, many consumers turn to credit to...

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4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
4 in 10 Consumers Plan to Tap Into Savings to Cover Holiday Expenses
November 20, 2023  |  Consumer Finance

One month before the start of the holiday season, 60% of consumers lived paycheck to paycheck. Nineteen percent struggle to pay their monthly bills. These...

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