LendingClub reported impressive third-quarter results, with loan originations up 37% year over year. The lender saw strong demand for its loans from customers and for its structured certificates. It ...
Despite the clear potential of integrating credit directly into commerce platforms, many lenders appear to be sitting on the sidelines, potentially missing significant growth opportunities in the ...
Key insight: A new survey of consumer credit companies revealed deteriorating business conditions in the third quarter, and signs of increasing stress among some consumer segments. What's at stake: ...
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Elevated interest rates and persistent inflation have led to high credit card balances and household debt in the U.S. LendingClub is experiencing robust demand for personal loans, with loan ...
Hanneh Bareham is a personal finance writer and Certified Financial Education Instructor (CFEI). Although she has six years of experience covering multiple forms of consumer lending, her expertise is ...
The above button links to Coinbase. Yahoo Finance is not a broker-dealer or investment adviser and does not offer securities or cryptocurrencies for sale or facilitate trading. Coinbase pays us for ...
A few years ago, LendingClub and other consumer lending companies struggled with rising interest rates, as demand from both borrowers and investors came to a screeching halt. Today, interest rates ...
Since 2015, LendingClub has evolved from a pioneer in peer-to-peer lending into a digital bank, repositioning its business model and becoming more resilient in the process. The fundamental ...