Related Resource Center
How to improve your credit score
Credit scores are three-digit numbers ranging from 350 to 850 calculated from credit bureau-reported data that represent a snapshot of your credit health and history. A high credit score is an indicator to potential creditors there’s a higher probability you’ll repay your debt.
Personal Loan
Aug 5, 2024
7 min read
How many times can you consolidate debt?
Using fixed, low-interest credit to refinance variable, high-interest credit card balances can be a smart financial move. This practice, known as debt consolidation, can simplify your monthly finances, make your payments more predictable, and save you money on the cost of borrowing.
Personal Loan
Aug 1, 2024
4 min read
What Is an unsecured personal loan?
An unsecured personal loan is a loan that doesn't require you to put up any form of collateral—like a car, personal savings, or house. Unsecured loans often provide quicker access to cash than secured loans. However, unsecured loans are considered greater risk by lenders, and may have higher interest rates or lower borrowing limits.
Personal Loan
Jul 29, 2024
7 min read
Money and mental health: Is burnout affecting your finances?
Take control of your money and personal wellbeing with tips to recognize burnout and restore your physical, financial, and emotional health.
Personal Finance
Jul 28, 2024
6 min read
What Is buy now, pay later?
It's common to see the buy now, pay later (BNPL) payment option at online checkout — but should you use it? Learn what BNPL is, how it works, and alternatives for borrowing money.
Related Impact
Members Earn More Cash Back and Rewards With Stackit
From groceries and diapers to Halloween costumes for pets, nearly 60% of American consumers prefer to shop online for everyday items that make life more convenient, comfortable, and enjoyable. And with rising prices showing no signs of stopping anytime soon, we’re pleased to introduce StackitTM from LendingClub Bank—a new browser extension that automatically finds and rewards eligible members with coupons and cash back for extra savings at more than 15,000 favorite online retailers.
Company News
Nov 13, 2022
2 min read
LendingClub Rewards Checking Nationally Certified as Trusted, Affordable
Even in today’s low-yield, high-inflation environment, it’s essential to keep a certain amount of money in an easy-to-access checking or savings account for things like daily household and emergency expenses, or to meet short-term financial goals.
Company News
Oct 2, 2022
5 min read
LendingClub Surpasses 4 Million Members
Since 2007, LendingClub has been on a mission to deliver a world-class experience to all our members. This month we took a moment to reflect on the more than four millionmembers who have chosen LendingClub as their partner to help them reach their financial goals.
Company News
Apr 19, 2022
2 min read
LendingClub Celebrates One Year as a Digital Marketplace Bank
In March 2022, we hosted our first quarterly webinar where we celebrated our one-year anniversary as a digital marketplace bank.
Company News
Mar 6, 2022
less than a minute read
Changes to Our Business Model
LendingClub completed the acquisition of Radius Bank in February 2021. At that time, in addition to the direct-to-consumerdepositbusiness, we inherited a fintech partner program,andseveral lendingbusinesses.As we reach the one-year anniversary of the acquisition, and in conjunction with the conclusion of a strategic review of our business operations, we have made the decision to discontinuecertain businesses that don’t fit our mission.
Company News
Jan 2, 2022
2 min read
Related FAQ's
What Is StackIt from LendingClub Bank?
Stackit is a brand-new browser extension for personal loan members that’s free, easy to install, and automatically finds cash back and coupons at more than 15,000 of your favorite online stores.
General FAQ
Jun 7, 2023
5 min read
Privacy and Security
We take the privacy and security of our members, investors, and partners seriously. Here are some answers to frequently asked questions about LendingClub’s privacy policies.
General FAQ
Jun 7, 2023
2 min read
When and Why Did LendingClub Acquire Radius Bank?
On February 1, 2021, LendingClub Bank, N.A., closed the acquisition of Radius Bancorp and its wholly-owned subsidiary, Radius Bank, becoming the only full-spectrum financial technology (fintech) marketplace bank and the first public U.S. neobank.
General FAQ
Jun 7, 2023
2 min read
How Do I Make Payments on Auto Refinance Loans?
We offer several ways for you to make your monthly auto loan payment, so you can choose the method that works best for you. A statement will be mailed to you every month that shows the payment amount and due date.
Auto Refinance FAQ
Nov 29, 2023
less than a minute read
Is There a Summary of Annual Earnings for My Account?
LendingClub provides a year-endstatementthat summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have beencharged off.
Investing FAQ
Jun 7, 2023
less than a minute read
Related Glossary
Revolving Credit
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
R Letter Term
Sep 6, 2023
4 min read
Annual Percentage Rate (APR)
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
A Letter Term
Mar 21, 2023
3 min read
Accrued Interest
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
A Letter Term
Mar 21, 2023
4 min read
Charge-Off
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
C Letter Term
Feb 7, 2023
3 min read
Fixed Interest Rate
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
F Letter Term
Feb 4, 2023
3 min read