Lending Club has had a terrible, horrible, no good very bad month. On May 9, the company disclosed that its founder, Renaud Laplanche, was stepping down as CEO effective immediately following an ...
Lending Club Corp.'s new partnerships show that its model, wherein borrowers seek loans funded by individuals rather than financial institutions, can be a consumer's first choice rather than a last ...
Peer-to-Peer lending company Lending Club, once the most successful company in its space, was rocked last month when founding CEO Renaud Laplanche was forced out following a probe into suspect loan ...
The peer-to-peer lending startup had connected borrowers and sellers for personal loans up to $35,000, but now it's catering to small businesses with $100,000 loans. Stephen Shankland worked at CNET ...
"Lending Club's platform has the potential to profoundly transform traditional banking over the next decade." --Larry Summers, 71st U.S. Treasury secretary and Lending Club board member. Lending Club ...
The nation's largest marketplace lender is taking new steps to fend off the threat that it will have to heed state interest-rate caps. Lending Club announced Friday that it is making changes to its ...