LendingClub Expands Program to Help Borrowers Actually Pay Off Debt

LendingClub announced yesterday an expansion of balance transfer loans which they had previously been calling direct payoff; now more borrowers will have more access to the feature which allows borrowers to connect their credit cards when going through the loan process; from there the loan proceeds are applied directly to the credit card balance with any remaining deposited into a bank account; borrowers can add up to 12 creditors to a loan. Source