Loan Originations news and trends

LendingClub Shares Plummet as Loan Originations Slow
Earnings // January 28, 2025

LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Upstart, Like Its Customers, Remains Focused on Return to Growth 
Earnings // May 07, 2024

If you are in the business of providing loans, there will always be a demand for your product.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Odessa Launches Originations Platform, Plans Auto Finance Suite
Loans // April 24, 2024

Equipment finance company Odessa has entered the auto industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree...

LendingClub Promotes New Products to Offset Decline in Loan Originations
Earnings // October 25, 2023

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Interviews & Exclusives
LendingClub Shares Plummet as Loan Originations Slow

January 28, 2025
LendingClub’s latest quarterly results, released Tuesday (Jan. 28), indicated growth across several key metrics, including loan originations and deposits through its digital banking arm, and some improving credit metrics. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe […]

LendingClub: 11 Pct Of Personal Loans In ‘Skip-a-Pay’ Program

May 06, 2020
LendingClub posted first-quarter earnings results Tuesday (May 5) that showed a high single-digit percentage decline in loan originations as consumers held back, investors shied away from debt markets and an...

Quick Reads
Odessa Launches Originations Platform, Plans Auto Finance Suite

April 24, 2024
Equipment finance company Odessa has entered the auto industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing […]

LendingClub Promotes New Products to Offset Decline in Loan Originations

October 25, 2023
LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. Get the Full Story Complete the form to unlock this article and enjoy...

Simplification Serves LendingClub Well As It Pushes To Get Back To Profitability

November 06, 2019
The last few years have been an exciting ride for LendingClub watchers.  The firm went public in 2014 and had just managed its first quarter of profitability in early 2016...

Goldman Tightens Marcus Lending Reins

October 08, 2018
Goldman Sachs might be reining in its online lending platform due to concerns about the stage of the credit cycle and changes in market data. Get the Full Story Complete...