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

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.  Get the Full Story Complete the form to unlock...

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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

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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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. Get the Full Story Complete the form to...

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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. Get the Full Story Complete the form to...

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CE 100 Index Slips 1.3% as Bank Earnings Dominate
CE 100 Index Slips 1.3% as Bank Earnings Dominate
October 16, 2023  |  Connected Economy

Banking names grabbed the bulk of headlines for the CE 100 Index as earnings season officially got underway. The CE 100 Index lost 1.3% through...

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LendingClub Cutting 14% of Workforce as Interest Rates Pressure Marketplace
LendingClub Cutting 14% of Workforce as Interest Rates Pressure Marketplace
October 12, 2023  |  Digital Banking

LendingClub is laying off 172 employees — about 14% of its workforce — to reduce costs and navigate the “challenging macroenvironment.” Get the Full Story Complete...

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LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
LendingClub: Consumers Need a Plan to Avoid the Holiday Revolving Debt Cycle
October 11, 2023  |  Consumer Finance

The holidays are firmly in sight. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

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What We Know About the Paycheck-to-Paycheck Consumer Three Years Post-Pandemic
What We Know About the Paycheck-to-Paycheck Consumer Three Years Post-Pandemic
September 28, 2023  |  Consumer Finance

Across the span of more than two dozen reports since the darkest days of the pandemic more than three years ago — and with eight...

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