LendingClub

Earn Solid Returns

Notes offered by prospectus filed with the SEC. This information should not be considered investment advice. Past performance is no guarantee of future results. Consider reviewing the prospectus with a financial advisor prior to investing. Information presented for illustrative purposes only and is not a report of actual performance of an identified portfolio of Notes.

With an investment at Lending Club you can:

Quickly and easily build a portfolio that fits your investment objectives
Diversify across hundreds or thousands of loans taken by quality borrowers
Receive monthly payments of principal and interest as borrowers repay their loans

A Financial Innovation.

Lending Club is the world's largest online marketplace connecting borrowers and investors. Since inception we have facilitated billions in loans to quality borrowers . We operate completely online and utilize technology to lower costs versus the traditional banking system. We pass the cost savings on to borrowers in the form of lower rates, and to investors in the form of solid returns. As with a mutual fund, our reputation rests on our track record of evaluating loans and accurately predicting performance.

Loan Grades: Risk and Reward

Lending Club assigns a grade (from A to G) to each loan based on the credit quality and underlying risk of the borrower.

The lowest interest rates are assigned to the least risky grades, which reflect the potentially lower loss rates (lower rate of charged off loans) and lower volatility in returns.2

Reward and Risk

Quality Borrowers.

Applications are approved based on stringent credit criteria designed to focus on the most creditworthy borrowers. As of December 31, 2014, the majority of our members use the loans to pay off high interest rate loans, most often credit card balances. The average interest rate on credit cards is over 17.17%.3

As of December 31, 2014, the average Lending Club borrower shows the following characteristics:

700 FICO score
17.2% debt-to-income ratio (excluding mortgage)
15.9 years of credit history
$73,278 personal income (top 10% of US population)4
Average Loan Size: $14,292

Solid Returns.

Lending Club Notes have Historical Returns by Grade A-C of 4.91% to8.38%. 5 You can choose the grade or grades that fit your investment goals.To see the historical returns for all grades as well as other data, visit the Statistics page.

Monthly Cash Flow.

As borrowers make principal and interest payments each month, the funds are distributed to investors and are available for investors to reinvest or withdraw at any time. For example, if an investor made a $100,000 one time investment in 36-month, grade B Notes providing an aggregate 6.0% net annualized return, they would receive approximately $3,035 each month in cash payments to reinvest or withdraw.

Investor Fees

Lending Club uses its low operating costs to pass savings on to investors in the form of solid returns and low investing costs. There are no hidden fees or charges. Lending Club collects fees from investors when they receive payment proceeds, so our revenue from investors is tied directly to their cash flow.

Service Charge

Lending Club provides servicing for the loans facilitated through our platform. This includes maintaining investor accounts, collecting and processing principal and interest payments from borrowers, and distributing these payments net of fees to investors. Investors pay Lending Club a service fee equal to one percent (1%) of the amount of any payments received within 15 days of the payment due date. If a borrower misses a payment, investors do not pay a service fee.

Collection Fee

When borrowers miss payments and loans become late, Lending Club uses best practices from the banking industry to bring delinquent loans back to "current" status. Currently, Lending Club charges investors one of the following collection fees, which is deducted from any amount recovered:1) 18% of the amount recovered if the loan is 16 or more days late and no litigation is involved, or 2) 30% of hourly attorneys' fees, plus costs, if litigation is involved. Lending Club does not charge a collection fee if no payments are collected, and no collection fee will be charged in excess of the amount recovered.

Please note that Lending Club currently charges investors a reduced collection fee, which may be discontinued at any time. The normal collection fee is a percentage of the amount recovered: 30% if the loan is less than 60 days past due and was made to the borrower during the previous 90 days; 35% in all other cases, except litigation; 30% of hourly attorneys' fees in the event of litigation, plus costs.

Lending Club Notes are offered by prospectus filed with the SEC. Please consider the risks of investing.

Collection Fee

Lending Club Notes are offered by prospectus filed with the SEC. Please consider the risks of investing.

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Facts

Reported Return: 8.50%
High Risk Yield: 9.00%
Medium Risk Yield: 8.00%
Low Risk Yield: 7.80%

Min. Deposit Amnt: $25.00
Total Loans Funded: 6.21B
Average Service Fee: 1.00%

Loan Terms

12 Months
24 Months
36 Months
48 Months
60 Months

Related News

LendingClub: Guided For Strong Net Income, But Don't Buy This Dip - Seeking Alpha - Thu Jan 27 09:17:00 UTC 2022
FTC Returns More Than $10 Million to Consumers Who Paid Hidden Fees to LendingClub - Federal Trade Commission News - Tue Jan 18 08:00:00 UTC 2022
LendingClub Included in Bloomberg's 2022 Gender-Equality Index and Earns Perfect Score in Human Rights Campaign Foundation's 2022 Corporate Equality Index - Yahoo Finance - Thu Jan 27 14:00:00 UTC 2022
LendingClub Reorganizes to Focus on 'Everyday' Americans - pymnts.com - Tue Jan 04 08:00:00 UTC 2022
Stocks making the biggest moves after the bell: Tesla, Netflix, LendingClub and more - CNBC - Wed Jan 26 22:28:35 UTC 2022
Seaport Res Ptn Analysts Boost Earnings Estimates for LendingClub Co. (NYSE:LC) - MarketBeat - Fri Jan 28 14:14:40 UTC 2022
Why LendingClub Stock Soared 11% Today - Motley Fool - Tue Jan 11 08:00:00 UTC 2022
LendingClub Shakes Off Claims It Recorded Calls Without Consent - Bloomberg Law - Wed Jan 26 20:16:18 UTC 2022
LendingClub Enters Oversold Territory (LC) - Nasdaq - Thu Jan 27 17:23:24 UTC 2022
Is a Surprise Coming for LendingClub (LC) This Earnings Season? - Nasdaq - Fri Jan 21 15:07:07 UTC 2022
Looming Rate Increases Pose New Challenges — and Opportunities — for Lenders - pymnts.com - Fri Jan 28 09:00:25 UTC 2022
Credit Suisse Maintains Neutral on LendingClub, Lowers Price Target to $27 - Benzinga - Thu Jan 27 13:37:00 UTC 2022
UPST: Upstart vs. LendingClub: Which Fintech Stock is a Better Buy? - StockNews.com - Wed Jan 05 08:00:00 UTC 2022
Lending Club: 2021 Was the Year of Transformation - pymnts.com - Mon Jan 17 08:00:00 UTC 2022
LendingClub stock sinks 17% after Q1 net income could slip from Q4 - Seeking Alpha - Wed Jan 26 21:28:00 UTC 2022
LendingClub: Q4 Earnings Snapshot - Alton Telegraph - Wed Jan 26 22:52:59 UTC 2022
Thinking about buying stock in AT&T, Comcast, New Oriental Education, LendingClub, or Occidental Petroleum? - WFMZ Allentown - Thu Jan 27 15:59:56 UTC 2022
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This is the best finance regulator N.Y. can find? Adrienne Harris has shown deference to tech companies that present risks to low-income New Yorkers - New York Daily News - Mon Jan 24 12:00:00 UTC 2022
Banking Group Of The Year: Sullivan & Cromwell - Law360 - Thu Jan 27 19:03:00 UTC 2022
Borrowing Money For Individuals in 2022 – Business - Inter Press Service - Sat Jan 29 03:33:26 UTC 2022
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The National Security, Blackstone leads financial gainers; LendingClub, MDJM among major losers - Seeking Alpha - Thu Jan 27 17:08:00 UTC 2022
LendingClub Personal Loans Review 2022 – Forbes Advisor - Forbes - Mon Dec 20 08:00:00 UTC 2021
Peer to Peer Lending Market Demand Statistics, Global Forecast to 2026 – Funding Circle Limited, Prosper Marketplace, Inc., Social Finance, Inc., LendingClub Corporation, etc – Construction News Portal - Construction News Portal - Fri Jan 28 11:05:54 UTC 2022
LendingClub Personal Loan Review: Co-borrowers can apply for loans up to $40,000 - CNBC - Tue Jun 15 07:00:00 UTC 2021
Debt Consolidation Market 2022 Growth Trends, Analysis By Future Demand – Lending Club, Payoff, OneMain Financial, LightStream, Prosper, etc – Construction News Portal - Construction News Portal - Fri Jan 28 13:37:31 UTC 2022
3 Bargain Stocks Cathie Wood Loves - The Motley Fool - Sun Jan 16 08:00:00 UTC 2022
LendingClub Personal Loan Review 2022 - Business Insider - Mon Dec 27 08:00:00 UTC 2021
Pre-Open Stock Movers 01/27: (GLPG) (NOW) (XM) Higher; (EPZM) (LC) (ZYME) Lower (more...) - StreetInsider.com - Thu Jan 27 14:24:06 UTC 2022
LendingClub Vs. Prosper Personal Loans 2022 – Forbes Advisor - Forbes - Wed Sep 22 07:00:00 UTC 2021
LendingClub and PYMNTS Third Report Finds Personal Loans Have Become a Mainstream Financial Tool for Americans - PRNewswire - Wed Sep 22 07:00:00 UTC 2021
American Express (AXP) Q4 Earnings Beat on Record Card Spending - Nasdaq - Tue Jan 25 16:46:00 UTC 2022
Financial Technology (FinTech) Market Cumulative Impact for COVID-19 Recovery: Lending Club, Zopa, SoFi, Prosper, Funding Circle, Upstart, RateSetter, Avant, OnDeck, Lendix, Renrendai, Capital Float, Mintos, SocietyOne, Tuandai, Lufax, Auxmoney, Capi - Construction News Portal - Thu Jan 27 11:57:43 UTC 2022
LendingClub LCX Platform Allows Investors Access to Loans - pymnts.com - Fri Sep 10 07:00:00 UTC 2021
LendingClub Stock Extends Gains. Compass Point Boosts Target Price to $55. - Barron's - Fri Oct 29 07:00:00 UTC 2021
LendingClub Auto Refinance Loans Now Cover 94 Percent of US Population - PRNewswire - Tue Nov 30 08:00:00 UTC 2021
LendingClub Explodes 40% After Earnings: Here's Why It Can Go Even Higher - Motley Fool - Thu Jul 29 07:00:00 UTC 2021
Alternative Lending Market Cumulative Impact for COVID-19 Recovery: Lending Club, Zopa, SoFi, Prosper, Funding Circle, Upstart, RateSetter, Avant, OnDeck, Lendix, Renrendai, Capital Float, Mintos, SocietyOne, Tuandai, Lufax, Auxmoney, Capital Match, m - Construction News Portal - Thu Jan 27 04:59:55 UTC 2022
LendingTree vs. LendingClub: Which Stock is Better? - Entrepreneur - Wed Nov 03 07:00:00 UTC 2021
Why becoming a bank is paying off for LendingClub - Banking Dive - Thu Sep 30 07:00:00 UTC 2021
This fintech lender's shares surged nearly 390% in the past year. Its CEO sees 'sustained growth' ahead - CNBC - Tue Nov 23 08:00:00 UTC 2021
LendingClub to pay $18M to settle 3-year FTC dispute - Banking Dive - Mon Jul 19 07:00:00 UTC 2021
LendingClub, fueled by surge in loans, posts surprise profit - Asset Securitization Report - Thu Jul 29 07:00:00 UTC 2021
After Jumping More Than 50% Last Week, LendingClub Stock Still Looks Undervalued - Motley Fool - Wed Aug 04 07:00:00 UTC 2021
LendingClub builds on Radius Bank acquisition with exec moves - American Banker - Tue Jun 08 07:00:00 UTC 2021
The Market Continues to Misunderstand LendingClub - Motley Fool - Wed May 19 07:00:00 UTC 2021
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LendingClub Endorses Small Business Truth in Lending bill introduced in US House and Senate - PRNewswire - Thu Nov 18 08:00:00 UTC 2021
Peer to Peer (P2P) Crowdfunding Market is Expected to Hold the Largest Share by 2026 – Funding Circle, Lending Club, Zopa, Rate Setter, Landbay, Patch of Land, etc – Construction News Portal - Construction News Portal - Sat Jan 29 04:33:31 UTC 2022
LendingClub and PYMNTS Second Report Finds Americans Living in the South Central Region are Most Likely to Live Paycheck to Paycheck - PRNewswire - Mon Aug 02 07:00:00 UTC 2021
Financial Services Stocks on the Move Thursday: SBRCY, BX, APO, BBSEY, MCMJ, LC, CGSI, GWGH - InvestorsObserver - Thu Jan 27 19:18:45 UTC 2022
Is LendingClub a Buy? - Motley Fool - Tue Apr 13 07:00:00 UTC 2021
CFPB Appoints LendingClub Policy Director to Consumer Advisory Board - PRNewswire - Thu Sep 23 07:00:00 UTC 2021
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LendingClub (Now a Bank) Aims to Become a 'Financial Health' Brand - The Financial Brand - Mon Mar 15 07:00:00 UTC 2021
LendingClub to Participate in a Fireside Chat at Citi's 2021 FinTech Conference on November 17 - PRNewswire - Wed Nov 10 08:00:00 UTC 2021
SoFi vs. Upstart vs. LendingClub: Which Should You Buy? - Motley Fool - Thu Aug 19 07:00:00 UTC 2021
Investors warm to Lending Club, the fintech that became a bank - Financial Times - Wed Mar 17 07:00:00 UTC 2021
Why Shares of Affirm, Upstart, SoFi, and LendingClub Are Getting Hammered This Week - Motley Fool - Fri Dec 03 08:00:00 UTC 2021
LendingClub: Reiterating My Conviction Buy Rating - Seeking Alpha - Fri Dec 03 08:00:00 UTC 2021
Radius, Now LendingClub, Business Checking Review – Forbes Advisor - Forbes - Thu Jul 15 07:00:00 UTC 2021
LendingClub Schedules Third Quarter 2021 Earnings Release and Conference Call - Yahoo Finance - Wed Oct 06 07:00:00 UTC 2021
1 Way That LendingClub Beats Apple and Starbucks - Motley Fool - Fri Jun 25 07:00:00 UTC 2021
Better Buy: SoFi vs. LendingClub - The Motley Fool - Wed Mar 24 07:00:00 UTC 2021
Why Is No One Talking About LendingClub Stock? - The Motley Fool - Sun Feb 28 08:00:00 UTC 2021
Lendingclub Personal Loans: 2022 Review - MoneyRates.com - Mon Jan 03 08:00:00 UTC 2022
LendingClub Reports First Quarter 2021 Results - PRNewswire - Wed Apr 28 07:00:00 UTC 2021
Why LendingClub Just Got Off to a Promising Start on Its Otherwise Uncharted Journey - Motley Fool - Sat May 01 07:00:00 UTC 2021
LendingClub (LC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release - Yahoo Finance - Wed Oct 20 07:00:00 UTC 2021
Visa, Mastercard, Synchrony Results Spotlight Credit Rebound — But for How Long? - pymnts.com - Fri Jan 28 17:06:02 UTC 2022
LendingClub CEO Says Breadth of Consumers Living Paycheck to Paycheck Is ‘Wake-up Call' - pymnts.com - Wed Sep 08 07:00:00 UTC 2021
LendingClub Corporation (LC) CEO Scott Sanborn on Q3 2021 Results - Earnings Call Transcript - Seeking Alpha - Wed Oct 27 07:00:00 UTC 2021
LendingClub Investors Fail to Revive Suit on FTC Investigation - Bloomberg Law - Wed Sep 22 07:00:00 UTC 2021
LendingClub to Participate in The JMP Securities Fintech Forum: Artificial Intelligence on September 10 - PRNewswire - Thu Sep 02 07:00:00 UTC 2021
The Salt Lake Tribune Names LendingClub a Winner of the Utah Top Workplaces 2021 Award - Yahoo Finance - Wed Nov 03 07:00:00 UTC 2021
Loss-Making LendingClub Corporation (NYSE:LC) Set To Breakeven - Nasdaq - Wed Dec 29 08:00:00 UTC 2021
LendingClub Appoints Adrienne Harris to its Board of Directors - PRNewswire - Thu Jul 15 07:00:00 UTC 2021
LendingClub Schedules Second Quarter 2021 Earnings Release and Conference Call - Yahoo Finance - Thu Jul 08 07:00:00 UTC 2021
Hot Stocks: Fintechs extend losses; LC, FLWS plunge on earnings news; STX, MKC rally - Seeking Alpha - Thu Jan 27 23:04:00 UTC 2022
LendingClub: Back In The Game - Seeking Alpha - Thu Apr 29 07:00:00 UTC 2021
Fintech firm Upgrade is getting into buy now, pay later with short-term installment loans - CNBC - Fri Oct 01 07:00:00 UTC 2021
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LendingClub Closing Down Their Platform for Retail Investors - Lend Academy - Wed Oct 07 07:00:00 UTC 2020
What Supreme Court's FTC ruling means for LendingClub - American Banker - Tue May 04 07:00:00 UTC 2021
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LendingClub Reports Fourth Quarter and Full Year 2020 Results - PRNewswire - Wed Mar 10 08:00:00 UTC 2021
5 Top Five Stock Gainers for Wednesday: Tesla, Lending Club, Voya - TheStreet - Wed Dec 22 08:00:00 UTC 2021
Lending Club: Millennials’ Quest For Financial Freedom Hindered By Bad Debt, BNPL - pymnts.com - Mon Aug 16 07:00:00 UTC 2021
4 Reasons This Growth Stock Could Be a Monster - Motley Fool - Mon Nov 29 08:00:00 UTC 2021
Is LendingClub (LC) Stock Outpacing Its Finance Peers This Year? - Nasdaq - Thu Jan 13 14:40:10 UTC 2022
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LendingClub and Leading Financial Services Companies Launch the American Fintech Council - PRNewswire - Wed Mar 03 08:00:00 UTC 2021
Nearly 40 Percent of Americans with Annual Incomes over $100,000 Live Paycheck-to-Paycheck - PRNewswire - Tue Jun 15 07:00:00 UTC 2021

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