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Overview

LendingClub is a digital marketplace bank offering personal loans and deposits. It pioneered peer-to-peer consumer lending before acquiring a chartered bank. The platform now funds loans from its own balance sheet and investor partners.

News

News The Motley Fool 3 years ago
LendingClub Really Needs the Fed's Rate-Hiking Campaign to End
LendingClub sells a big portion of its loans to institutional investors that have been taken out of the marketplace by soaring interest rates.
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