News

News about Lending Club. Commentary and archival information about Lending Club from The New York Times.
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.
Maybe I’m just paranoid, but I was not expecting a check from Lending Club. Upon my return home from a fantastic weekend in the Sierras, I opened the envelope, and in it found a check for all of ...
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 ...
The peer-to-peer lending leader has been a good bet for short sellers in its two-year publicly traded history. Since going public a little over two years ago, Lending Club has plunged in value. In ...
Renaud Laplanche had a terrible no good very bad 2016. But the founder and longtime CEO of Lending Club is back with a new lending startup called Upgrade, along with the support of investors who ...
Sanborn is certainly being optimistic, given the performance for Lending Club's stock in the past year. Though, to his credit, Amazon's 1999-2001 stock chart looks a lot like Lending Club's ...
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 ...
Lending Club, whose name is often synonymous with online personal loans, helped pioneer the business model of “peer-to-peer” or “marketplace” lending, which matches borrowers with ...