Unsecured loan interest rates rose almost 1% in 2019 at this lender APRs are up while loan sizes are down in 2019, according to data from Lending Club. Here's what we know. Joshua Fruhlinger 12.26.19 4:44 PM Innovation
Average revolving credit per person is on the rise as income remains flat in worrying trend New data shows that consumers are taking on more debt while income levels remain flat in a trend that can't end well. Joshua Fruhlinger 5.14.19 3:41 PM People
Need a loan for Tax Day? According to Lending Club data, you're not aloan... er, alone According to Lending Club data, there is a pattern of lendees having to take out loans right in the thick of tax season. James Mattone 4.10.19 1:17 PM People
It looks like Hindenburg Research was right about Nikola's "intricate fraud" The electric truck maker’s former executive chairman was charged in a federal indictment with defrauding investors. Christie Smythe 7.30.21 1:53 PM Outcasts
People with 600-level credit scores take out more LendingClub loans than any other group Those with 'good" credit scores just above the subprime rate are still taking out more loans than those with better credit scores. James Mattone 3.5.19 7:08 PM People
Lending Club personal loan principals are at their highest average of the past decade At Lending Club, the average principal for loans taken out in 2018 was higher than any year in the past decade. James Mattone 1.4.19 7:40 PM People
The number of lines of credit per person has grown since the Great Recession Consumers may have emerged from the 2008 recession, but they're turning to credit more than ever, with the number of credit lines per person up significantly. Joshua Fruhlinger 12.24.18 3:05 PM People