Description
LendingClub is the leading online marketplace in the United States that connects borrowers with investors, offering personal loans, business loans, and funding for elective medical procedures and K-12 education and tutoring. Borrowers benefit from lower interest rates through a streamlined online or mobile platform, while investors supply the funding for these loans in return for earning interest. Operating entirely online without a branch network, LendingClub leverages technology to reduce costs and enhance user experience, passing these savings on to borrowers as lower rates and to investors as appealing returns. The company is reshaping the banking landscape into a frictionless, transparent, and efficient online marketplace that helps individuals achieve their financial objectives daily.
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