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Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card Debt • • PR Newswire • Stocks

Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card Debt PR Newswire SAN FRANCISCO, Nov. 19, 2024 Americans Swipe for Rewards and Convenience, But 40% Find Credit Card Debt is Taking a Toll on Their Mental Health SAN FRANCISCO , Nov. 19, 2024 /PRNewswire/ -- Most Americans are drawn to credit cards for convenience, credit building, or rewards with every intention to pay their balance in full every month. However, life happens and nearly half of...

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LendingClub Reports Third Quarter 2024 Results • • PR Newswire • Stocks

LendingClub Reports Third Quarter 2024 Results PR Newswire SAN FRANCISCO, Oct. 23, 2024 Originations and Revenue Growth Supported by Return of Bank Buyers Total Assets Grew 25% Year to Date Driven by $1.3 Billion Purchase of LendingClub Loans Acquired Tally's Technology in October to Accelerate Product Roadmap SAN FRANCISCO , Oct. 23, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced...

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LendingClub & Pagaya Acquire Assets of Tally Technologies • • PR Newswire • Stocks

LendingClub & Pagaya Acquire Assets of Tally Technologies PR Newswire SAN FRANCISCO and NEW YORK, Oct. 9, 2024 LendingClub to leverage Tally's credit management solutions to benefit the bank's 5 million members Pagaya adds Tally's B2B credit management solution to its product suite offering for its over 30 lending partners SAN FRANCISCO and NEW YORK , Oct. 9, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), operator of America's leading digital marketplace bank, and Pagaya Technologies...

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LendingClub Schedules Third Quarter 2024 Earnings Release and Conference Call • • PR Newswire • Stocks

LendingClub Schedules Third Quarter 2024 Earnings Release and Conference Call PR Newswire SAN FRANCISCO, Oct. 3, 2024 SAN FRANCISCO , Oct. 3, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the third quarter 2024 after the market closes on Wednesday, October 23, 2024 . LendingClub will host a conference call to discuss the third quarter 2024 financial results at...

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LendingClub Bank Launches LevelUp Savings • • PR Newswire • Stocks

LendingClub Bank Launches LevelUp Savings PR Newswire SAN FRANCISCO, Aug. 22, 2024 Members Who Regularly Save Are Rewarded With a 5.30% Annual Percentage Yield (APY) SAN FRANCISCO , Aug. 22, 2024 /PRNewswire/ -- LendingClub Bank, America's leading digital marketplace bank and a subsidiary of LendingClub Corporation (NYSE: LC), announced the launch of LevelUp Savings, a high-yield savings account that rewards members with competitive rates for making ongoing monthly deposit contributions. "We're...

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Nearly 50% of Americans Unaware Federal Interest Rate Hikes Raised Their Credit Card APR by Over 5 Percentage Points • • PR Newswire • Stocks

Nearly 50% of Americans Unaware Federal Interest Rate Hikes Raised Their Credit Card APR by Over 5 Percentage Points PR Newswire SAN FRANCISCO, Aug. 13, 2024 SAN FRANCISCO , Aug. 13, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC ), the parent company of LendingClub Bank, America's leading digital marketplace bank, has released new data revealing a surprising lack of consumer awareness regarding the true cost of their credit card debt in today's high interest rate environment....

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LendingClub Reports Second Quarter 2024 Results • • PR Newswire • Stocks

LendingClub Reports Second Quarter 2024 Results PR Newswire SAN FRANCISCO, July 30, 2024 10% Sequential Originations Growth Strong Balance Sheet Growth with Stable Net Interest Margin Drives Increase in Revenue SAN FRANCISCO , July 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the second quarter ended June 30, 2024. "Our second quarter results mark an...

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LendingClub Schedules Second Quarter 2024 Earnings Release and Conference Call • • PR Newswire • Stocks

LendingClub Schedules Second Quarter 2024 Earnings Release and Conference Call PR Newswire SAN FRANCISCO, July 11, 2024 SAN FRANCISCO , July 11, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the second quarter 2024 after the market closes on Tuesday, July 30, 2024 . LendingClub will host a conference call to discuss the second quarter 2024 financial results at...

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LendingClub Exceeds $3 Billion in Loans Sold Through Its Structured Certificates Program • • PR Newswire • Stocks

LendingClub Exceeds $3 Billion in Loans Sold Through Its Structured Certificates Program PR Newswire SAN FRANCISCO, June 17, 2024 SAN FRANCISCO , June 17, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank ("LendingClub"), America's leading digital marketplace bank, today announced that it has surpassed $3 billion in loans sold through its Structured LendingClub Loan Certificates program, which launched in April 2023 . "Our structured certificates...

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LendingClub to Participate in the TD Financial Services & Fintech Summit June 6-7 • • PR Newswire • Stocks

LendingClub to Participate in the TD Financial Services & Fintech Summit June 6-7 PR Newswire SAN FRANCISCO, May 30, 2024 SAN FRANCISCO , May 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank ("LendingClub"), America's leading digital marketplace bank, announced that its Chief Executive Officer Scott Sanborn and its Chief Financial Officer Drew LaBenne will participate in a fireside chat at the TD Financial Services & Fintech Summit on June 7,...

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LendingClub Reports First Quarter 2024 Results • • PR Newswire • Stocks

LendingClub Reports First Quarter 2024 Results PR Newswire SAN FRANCISCO, April 30, 2024 Strong Originations and Credit Performance Drives 12th Consecutive Quarter of GAAP Profitability SAN FRANCISCO , April 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the first quarter ended March 31, 2024. "We're pleased to have started 2024 with another strong quarter,...

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LendingClub Schedules First Quarter 2024 Earnings Release and Conference Call • • PR Newswire • Stocks

LendingClub Schedules First Quarter 2024 Earnings Release and Conference Call PR Newswire SAN FRANCISCO, April 9, 2024 SAN FRANCISCO , April 9, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the first quarter 2024 after the market closes on Tuesday, April 30, 2024 . LendingClub will host a conference call to discuss the first quarter 2024 financial results at...

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LendingClub Reports Fourth Quarter and Full Year 2023 Results • • PR Newswire • Stocks

LendingClub Reports Fourth Quarter and Full Year 2023 Results PR Newswire SAN FRANCISCO, Jan. 30, 2024 Increased Marketplace Originations 21% QoQ with $1B of Structured Certificates Sold Continued GAAP Profitability with Strong Capital & Liquidity Levels SAN FRANCISCO , Jan. 30, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the fourth quarter and full year ended...

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/C O R R E C T I O N -- LendingClub Corporation/ • • PR Newswire • Stocks

/C O R R E C T I O N -- LendingClub Corporation/ PR Newswire SAN FRANCISCO, Jan. 10, 2024 In the news release, LendingClub Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call, issued 10-Jan- 2024 by LendingClub Corporation over PR Newswire, we are advised by the company that the conference call will take place on Tuesday, January 30th, 2024 . To reflect this change, in the first paragraph, "Wednesday, January 31, 2024" was changed to "Tuesday, January 30th, 2024"; in...

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LendingClub Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call • • PR Newswire • Stocks

LendingClub Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call PR Newswire SAN FRANCISCO, Jan. 10, 2024 SAN FRANCISCO , Jan. 10, 2024 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, announced that it will report earnings for the fourth quarter and full year 2023 after the market closes on Wednesday, January 31, 2024 . LendingClub will host a conference call to discuss the fourth...

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Nearly 60% of Credit Cardholders in the U.S. Live Paycheck to Paycheck • • PR Newswire • Stocks

Nearly 60% of Credit Cardholders in the U.S. Live Paycheck to Paycheck PR Newswire SAN FRANCISCO, Dec. 18, 2023 40% of Paycheck-to-Paycheck Consumers Report Super-Prime Credit Scores 43% of All Cardholders Have Had a Revolving Balance on Their Credit Cards in 2023, An Increase From 41% in 2022 SAN FRANCISCO , Dec. 18, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released key findings from the...

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77 Percent of Consumers Plan to Participate in the 2023 Holiday Shopping Season • • PR Newswire • Stocks

77 Percent of Consumers Plan to Participate in the 2023 Holiday Shopping Season PR Newswire SAN FRANCISCO, Nov. 20, 2023 60 Percent Cite Access to Fewer Resources as Reason to Spend Less Overall More Than One-Third of Consumers Plan to Use Savings to Cover Holiday Spending Nearly One-Third of Consumers Intend to Use One or More Credit Options to Finance Purchases SAN FRANCISCO , Nov. 20, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's...

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LendingClub Bank Crosses $1 Billion Personal Loans Sold Through Its Structured Loan Certificates Program • • PR Newswire • Stocks

LendingClub Bank Crosses $1 Billion Personal Loans Sold Through Its Structured Loan Certificates Program PR Newswire SAN FRANCISCO, Nov. 9, 2023 Davidson Kempner Capital Management LP, Atalaya Capital Management, Nelnet, Inc. and Värde Partners Join Growing list of Marketplace Loan Investors Seeking Competitive Yield SAN FRANCISCO , Nov. 9, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank ("LendingClub"), America's leading digital marketplace bank,...

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Consumers Deplete an Average of 67% of All Available Savings Once Every Four Years • • PR Newswire • Stocks

Consumers Deplete an Average of 67% of All Available Savings Once Every Four Years PR Newswire SAN FRANCISCO, Oct. 30, 2023 Nearly 8 Out of 10 Consumers Have Depleted Savings to Cover a Major Expenditure Conversely, over One-Third of Consumers Earning More than $200,000 Annually Have Increased Their Savings Ability SAN FRANCISCO , Oct. 30, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today released...

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LendingClub Reports Third Quarter 2023 Results • • PR Newswire • Stocks

LendingClub Reports Third Quarter 2023 Results PR Newswire SAN FRANCISCO, Oct. 25, 2023 Continued GAAP Profitability With Strong Capital & Liquidity Levels Doubles Issuance of Structured Certificates With New Buyers Added to Platform SAN FRANCISCO , Oct. 25, 2023 /PRNewswire/ -- LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, today announced financial results for the third quarter ended September 30, 2023. "Our disciplined...

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