5 Questions and Answers About the New Congress’s Impact on Fintech Lending

We sat down with Richard Neiman, Head of Regulatory and Government Affairs at LendingClub, and Armen Meyer, VP for Regulatory Strategy and Public Policy at LendingClub, in December to discuss the impact of the U.S. midterms on the fintech industry. Read on for their assessment of the post-election landscape. The Democrats now control the House… Continue reading 5 Questions and Answers About the New Congress’s Impact on Fintech Lending

How (and Why) to Make Money a Hot Topic this Holiday Season

With all the wonderful traditions associated with December holidays, one has become much more uncomfortable over the past few years: the almost inevitable occurrence of political debates and disputes. A survey conducted by Reuters last year illustrates the discomfort associated with the topic in a holiday setting: 31 percent of adults said they would deliberately… Continue reading How (and Why) to Make Money a Hot Topic this Holiday Season

Interest Rate vs. APR: It Pays to Know the Difference

It’s surprising that with 364 million open credit card accounts in the U.S., many American consumers don’t understand the difference between interest rate vs. APR. Considering credit card debt continues to climb, it’s more important than ever to understand the true cost of borrowing money. Interest Rate vs. APR Understanding the difference between APR and… Continue reading Interest Rate vs. APR: It Pays to Know the Difference

Our Simple Guide to the Types of Loans Available

It can often seem like having an advanced degree in financial jargon is a requirement to understanding the types of loans available to you. Open-ended loans, variable-rate mortgages, unsecured debt…the list goes on and on. But what does it all mean? If you’re feeling overwhelmed by the complicated world of loan lingo, this easy guide… Continue reading Our Simple Guide to the Types of Loans Available

Marketplace Lending in a Rising Rate Environment

In this issue of Marketplace Insights, we focus on potential impacts to marketplace loans in a rising interest rate environment. The Impact of Rising Rates As interest rates march steadily higher, investors are asking how marketplace loans might perform in a different rate environment. Because marketplace loans’ risk and return dynamics are different from those… Continue reading Marketplace Lending in a Rising Rate Environment

Strengthen Your Credit Muscle at America’s Financial Health Club

“I had just gone through a divorce, and the stress was killing me. I felt sick and tired all the time.” Christy, a LendingClub member, is one of so many Americans who have been through a difficult life event that breeds high levels of stress, compromising our health. In tough times, it is easy to… Continue reading Strengthen Your Credit Muscle at America’s Financial Health Club

Q3 2018 LendingClub Platform Update

LendingClub’s credit marketplace enables borrowers to access capital at competitive rates and investors to earn competitive returns. To ensure equilibrium, adjustments are made in response to investor feedback, marketplace demand, loan performance, and the interest rate environment. In line with that goal, today interest rates are increasing for loan grades A and B, as we… Continue reading Q3 2018 LendingClub Platform Update