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)

LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
LendingClub: Paycheck-to-Paycheck Lifestyle Is Cash-Strapped Americans’ New Norm
August 11, 2023  |  Economy

Increasing costs on everyday items such as groceries, utilities and insurance continue to strain household budgets across the United States. More than 60% of Americans were living paycheck...

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CE 100 Index Slips 2.6% as Block and PayPal Drop Double Digits 
CE 100 Index Slips 2.6% as Block and PayPal Drop Double Digits 
August 07, 2023  |  Connected Economy

Earnings were everywhere this past week. And for the CE 100 Index, earnings-related headlines were the sole drivers of stocks to the upside — and...

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Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
Data Shows 52% of Gen Z Borrow Money to Make Ends Meet
July 31, 2023  |  Connected Economy

As is often the case, but especially during troubled economic times, a fair amount of borrowing to meet expenses goes on.  In New Reality Check: The...

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Home Is Where the Financial Stability Is — or Isn’t
Home Is Where the Financial Stability Is — or Isn’t
July 31, 2023  |  Consumer Finance

Rising prices for everything from food to housing continue negatively affecting United States households’ financial well-being. Even as consumers continue to adjust spending to make...

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CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
CE 100 Index Gains 1.3% as Ocado’s Surge Offset by LendingClub, Snap Declines
July 31, 2023  |  Connected Economy

Earnings season is now in full swing, dominating headlines, moving stocks in our ConnectedEconomy™ 100 Index up double-digit percentage points — and to the downside,...

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LendingClub to Launch Lending, Savings and Spending Super App
LendingClub to Launch Lending, Savings and Spending Super App
July 26, 2023  |  Earnings

LendingClub reported results that showed flat net interest income, but pressure on loan origination volumes — a trend that is likely to persist over at...

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Why Seniors’ Surprisingly Strong Spending Power Starts at Home
Why Seniors’ Surprisingly Strong Spending Power Starts at Home
July 25, 2023  |  Consumer Finance

Paid-off homes and higher savings cushions could be behind the elder generation’s purchasing abilities. Even as they ease out of their peak earning power, baby...

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Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
Why the Fed Underestimates the Pressures of the Paycheck-to-Paycheck Economy
July 25, 2023  |  Consumer Finance

Amber Carroll, senior vice president of membership and lifecycle strategy at LendingClub, told PYMNTS that the Federal Reserve’s long-quoted stat on financial well-being could use...

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Side Hustles and Living With Mom and Dad Boost Gen Z Purchasing Power
Side Hustles and Living With Mom and Dad Boost Gen Z Purchasing Power
July 14, 2023  |  Connected Economy

The share of Generation Z consumers living paycheck-to-paycheck has more resembled a roller coaster than a traditional economic trajectory. This financial insecurity has impacted the...

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