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interest rates

News Roundup
·Oct. 24, 2011

How Much Money Should You Borrow at Lending Club?

Most borrowers, when applying for a loan on Lending Club, don’t give much thought to their loan amount. They have...
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Peer to Peer Lending
·Feb. 22, 2016

Lending Club and Prosper Interest Rates, Loss Curves and Loan Performance

There has been a lot of news recently with regards to interest rates and loan performance on the Lending Club...
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Peer to Peer Lending
·Dec. 22, 2015

Lending Club Raises Interest Rates for New Borrowers

How rising interest rates would affect marketplace lenders has been a question that many people have been asking for a long...
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FintechNews RoundupUSA
·Mar. 31, 2020

LendingClub Increasing Interest Rates

LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub...
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FintechNews RoundupUSA
·Jun. 28, 2019

Marcus and Ally Cut Savings Account Interest Rates

While the Fed kept interest rates steady at their meeting this month both Marcus and Ally Financial have decided to...
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FintechNews RoundupUSA
·Nov. 17, 2017

Lend Academy Article: Is LendingClub Making a Permanent Shift to Higher Quality Borrowers?

Lend Academy looks at the shift of returns and interest rates at LendingClub; the company recently brought F & G loans in house and there is a noticeable shift in loan grades offered by the platform. Source

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Peer to Peer Lending
·Sep. 11, 2017

Lending Club Announces Launch of Next Generation Credit Model

Today, Lending Club announced a new credit model in an email to investors. According to the email, this is the...
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News Roundup
·Dec. 29, 2011

Lending Club Waiving Service Fees on Large Loans

[Update Feb 6, 2012: this promotion is now over. Lending Club will, of course, honor loans still on the platform...
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FintechNews RoundupUSA
·Apr. 1, 2020

LendingClub’s Update to Borrowers and Investors Amid COVID-19 Pandemic

Given LendingClub is a platform serving borrowers and investors there is a lot of transparency on what changes they are...
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Peer to Peer Lending
·May. 13, 2013

New Fund Invests in Small Business Loans

[Update: Brendan Ross was arrested in August 2020 and Direct Lending Investments was placed into receivership. Court cases are ongoing...
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