Skip to main content
Menu
Back to All Blog Posts

Behind the Investment Platform: The LendingClub Borrower

Marketplace Insights Fall 2017

Fall 2017 is the second installment of our seasonal Marketplace Insights series. The series is designed to share periodic insights directly with our audience regarding how LendingClub’s marketplace works and performs. In this issue, we focus on the borrower characteristics of those receiving loans through the LendingClub platform and how investors may leverage that information to make decisions that fit within their objectives.

From 2007 through 2017, LendingClub has matched $31 billion investor dollars with 2 million borrowers’ loans. Investors frequently want to know who the borrowers are and why they’re looking for credit. Are borrowers distressed and looking for relief, or on the path to financial prosperity? What needs are they solving for?

Borrowers use funds for diverse reasons

Marketplace Insights Borrowers

See below for highlights or read the full LendingClub Marketplace Insights piece here.

Highlights:

  • LendingClub provides creditworthy borrowers access to affordable credit. On average personal loan borrower s on the LendingClub platform have a healthy credit score, a long credit history, and an annual income above the national median.
  • Through LendingClub, borrowers can access the credit they deserve and use credit responsibly to achieve their goals.
  • Because LendingClub collects exhaustive data on borrowers, it can offer investors the ability to design an investment strategy to fit their needs.

Personal Loan Rates

This is FREE and won't impact your credit score.

I want
Enter up to $40,000
for
My credit is:

To Read Next

< 1 min read

Marketplace Lending in a Rising Rate Environment

In this issue of Marketplace Insights, we focus on potential impacts to marketplace loans in a rising interest rate…

Read More
5 min read

Q3 2018 LendingClub Platform Update

LendingClub’s credit marketplace enables borrowers to access capital at competitive rates and investors to earn competitive returns. To ensure…

Read More
5 min read

Q2 2018 LendingClub Platform Update

LendingClub operates a credit marketplace where borrowers may access capital at competitive rates and investors may potentially earn competitive…

Read More