Lend Academy recently highlighted the trends in interest rates at Lending Club in their recent article; Lending Club has changed interest rates five times since late 2015; the recent trend of increasing rates can be seen in the below chart taken from Lending Club's statistics page which tracks average interest rates across loan grades since 2008; higher risk loans have seen the most impact from recent changes in interest rates. Source

lending-club-chart-january-6

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Banking

·Jan. 30, 2024

LendingClub delivers better than expected earnings in Q4 2023

LendingClub reported earnings for Q4 2023 and the company beat analysts expectations both on revenue and net income.

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Peer to Peer Lending

·Apr. 4, 2014

Lending Club to Stop Daily Updates of New Loans

For three and a half years now I have been keeping close track of the lending volume at Lending Club...

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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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News Roundup Online Lending USA

·Apr. 25, 2017

Lending Club’s Annual Shareholder Meeting

Lending Club will hold its annual shareholder meeting on June 6, 2017; three board directors are up for approval including CEO Scott Sanborn; stockholders owning shares as of April 10 can participate in the virtual event; the shareholder meeting will take place one month after the firm announces its first quarter earnings results on May 4. Source

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