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)

60% of Leisure Travel Expenses Fueled by Gen X and Millennials
60% of Leisure Travel Expenses Fueled by Gen X and Millennials
November 16, 2023  |  Travel Payments

Despite economic uncertainty and financial concerns, Americans have chosen to prioritize travel over savings this year. This trend applies to all generations, but it’s Gen...

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No Shame in the Game: Why Consumers Are Proudly Flaunting Dupes
No Shame in the Game: Why Consumers Are Proudly Flaunting Dupes
November 14, 2023  |  Retail

“Dupe, private label, call it what you want, consumers want more,” PYMNTS said in March, and that’s a sentiment that lives on. This is because...

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LendingClub’s Structured Loan Certificates Program Reaches $1 Billion Mark
LendingClub’s Structured Loan Certificates Program Reaches $1 Billion Mark
November 09, 2023  |  Loans

LendingClub has crossed the $1 billion mark in personal loans sold through its Structured Loan Certificates Program (SLCLC Program) since the launch of that program...

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Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
Nearly 60% of Consumers Without Paycheck Pressures Have a Side Hustle Just For Fun
November 09, 2023  |  Consumer Finance

Inflation has heightened the cost of living, prompting consumers, especially those living paycheck to paycheck, to look for extra ways to supplement their regular income....

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1 in 5 Consumers Cite Job Loss as Reason for Depleting Savings
1 in 5 Consumers Cite Job Loss as Reason for Depleting Savings
October 30, 2023  |  Consumer Insights

Despite a decline in inflation rates, living paycheck to paycheck remains the predominant lifestyle for a significant portion of Americans.  This financial tightrope is not limited to those with...

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Consumers Deplete Two-Thirds of Their Savings Every Four Years
Consumers Deplete Two-Thirds of Their Savings Every Four Years
October 30, 2023  |  Consumer Finance

Living paycheck to paycheck continues to be the predominant financial lifestyle in the United States. As of September 2023, 62% of consumers live paycheck to...

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

LendingClub saw loan originations continue to decline in the quarter ended Sept. 30 as bank investors remain cautious. In response, the firm is promoting new products...

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1 in 4 Consumers Spend Indulgently on Streaming Services
1 in 4 Consumers Spend Indulgently on Streaming Services
October 20, 2023  |  Consumer Insights

As consumers mind their spending on nonessential goods and services, PYMNTS Intelligence finds that a significant share of the population believes that they spend liberally...

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Men With Higher Savings Tend to Splurge More Than Women
Men With Higher Savings Tend to Splurge More Than Women
October 19, 2023  |  Consumer Insights

Consumers who indulge in extravagant spending across various product and service categories typically maintain significantly higher savings. This is one of the key findings in...

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