News

SoFi began in 2011 as a student-focused lender but has since expanded to offer personal loans and other banking services. LendingClub was founded in 2006 as a peer-to-peer lending platform. In ...
Lending Club lowered its next quarter guidance and its Net Interest Margin compressed sharply this quarter. Read why I'm hopeful about LC stock's progress.
I explain Lending Club's (LC) hybrid business model that is often misunderstood as a FinTech firm (e.g. Upstart). Click to read my analysis.
When Lending Club was founded in 2006, it was hailed as a pioneering “fintech” company — a consumer lender that operated online without the regulatory burdens of a bank.
On April 25, the FTC filed a complaint against Lending Club in the district court for the Northern District of California. The complaint alleges that Lending Club’s online advertising “lures ...
The Federal Trade Commission says Lending Club deceived customers about hidden fees and took money from their accounts without authorization.
Lending Club shares were already depressed after it said last month that it would stop issuing notes backed by F and G-grade loans, its lowest-ranked categories, after a sharper-than-expected rise ...
Lending Club’s December 2014 registration statement and documents incorporated therein included a number of representations about its internal control procedures for financial reporting, which ...
Lending Club sees an opportunity in the decades-old structure of the auto-lending market, where borrowers typically arrange financing inside of showrooms and end up paying both the dealer and the ...
Peer-to-peer lending service Lending Club is expanding into car financing with the launch of a new auto refinance loan that offers applicants up to $50,000.
When Lending Club, as the worldwide leader in P2P/marketplace lending and, for that matter, in the entire global crowdfunding market, runs into trouble, it is bound to send ripples way beyond its ...