Lenders and credit reporting firms are still working through how to handle the current state of the US consumer; lenders...
Yesterday, LendingClub shared that they were laying off 460 people, accounting for 30% of their workforce; the cuts were across...
LendingClub provided an investor update in a blog post yesterday that demonstrates the resilience of their borrower base; the company...
Quoting data from Transunion the Wall Street Journal is reporting that 106 million loans have been enrolled in forbearance, deferment...
The first ever J.D. Power survey on the personal loan market makes for some interesting reading; the survey was based...
Lenders today have a credit blind spot; this is because of the provision in the government stimulus package that allows...
LendingClub is increasing their interest rates to new borrowers ranging from 2% to 4% depending on the loan grade; LendingClub...
According to recent data from TransUnion lenders reported that almost 15 million credit cards were in financial hardship programs; this...
Last week J.D. Power released a study on personal loan satisfaction. At a time when credit card debt is rising...
The rallying cry of the online lending industry has been to eliminate high cost credit card debt. And while tens...