December 2017 Update

As of February 7, 2018, version 1.3 of the Listed Loans resource will become the default version and versions 1.1 and 1.2 will be deprecated. The response to a request providing no X-LC-LISTING-VERSION header will return the same fields as requesting version 1.3. Requesting versions 1.1 or 1.2 (or any version other than 1.3) will result in an error response.

In addition to the above, version 1.1 of the Detailed Notes Owned resource will become the default version. The response to a request providing no X-LC-DETAILED-NOTES-VERSION header will return the same fields as requesting version 1.1. Requesting any other version will result in an error response.

 

 

 

September 2017 Update 

Beginning October 5, 2017, we will be making some changes to some existing reporting fields, as well as making some additions to both the API and the investor reports as described below:

The Loan Portfolio Inbound, Loan Portfolio Inbound by Loan, Loan Portfolio Inbound NPI, Notes, and Quarterly Loan Tape will include seven new fields:

1. Debt_Settlement_Flag – Flags whether or not the borrower, who has charged-off, is working with a debt-settlement company.
2. Debt_Settlement_Flag_Date – The most recent date that the Debt_Settlement_Flag has been set
3. Settlement_Status – The status of the borrower’s settlement plan. Possible values are: COMPLETE, ACTIVE, BROKEN
4. Settlement_Date – The date that the borrower agrees to the settlement plan
5. Settlement_Amount – The loan amount that the borrower has agreed to settle for
6. Settlement_Percentage – The settlement amount as a percentage of the payoff balance amount on the loan
7. Settlement_Term – The number of months that the borrower will be on the settlement plan

In addition, there will be changes to the following credit fields in the API, Notes, Loan Stats, and Loan Portfolio Inbound NPI:

• Open_Il_6m renamed to: Open_Act_Il
  • To better reflect the definition of the field which is the number of currently active installment trades at time of application
• SEC_APP_OPEN_IL_6M renamed to SEC_APP_OPEN_ACT_IL
  • To better reflect the definition of the field, which is the number of currently active installment trades at time of application for the secondary applicant
• Total_fi_tl renamed to Total_cu_tl
  • To be consistent among reports, only the Loan Portfolio Inbound NPI report will be affected
• Presence_of_Non_Medical_Collection_Past_24_Months renamed to Presence_of_Non_Medical_Collection_Past_36_Months
  • To better reflect the the definition of the field

Finally, the Direct Pay offering for borrowers will be expanded starting in late September. This expansion will affect the Application_Type field in the reports and API. We will also be adding a second field, Disbursement_Method, to the reports and API.

Currently, the fields returned in Application_Type are the following:

• INDIVIDUAL
• DIRECT PAY
• JOINT APP

Effective late September, the values returned will instead be the following:

• Individual
• Joint App 

Separately, the new field Disbursement_Method will return the following values:

• Cash
• DirectPay

The listings API will reflect these changes as will the following reports:

• Loan Portfolio Inbound
• Loan Portfolio Inbound by Loan
• Loan Portfolio Inbound NPI
• Notes
• Loan Stats

 

 

  

April 2017 Update

At LendingClub, we are committed to improving the experiences for both borrowers and investors. We’re excited to announce that after a beta test, we are expanding our hardship program and will begin offering hardship plans to eligible borrowers effective May 4, 2017.  Hardship plans allow borrowers to temporarily make interest-only payments to accommodate an unexpected life event.  After 3 months, regular payment terms and obligations resume. As part of this change we are also making more data available for investors, as described below:

Investor reports will include 15 new fields:

1. Hardship_Flag - Flags whether or not the borrower is on a hardship plan
2. Hardship_Type – Describes the hardship plan offering
3. Hardship_Reason – Describes the reason the hardship plan was offered
4. Hardship_Status – Describes if the hardship plan is active, pending, canceled, completed, or broken
5. Deferral_Term - Amount of months that the borrower is expected to pay less than the contractual monthly payment amount due to a hardship plan
6. Hardship_Amount – The interest payment that the borrower has committed to make each month while they are on a hardship plan
7. Hardship_Start_Date - The start date of the hardship plan period
8. Hardship_End_Date - The end date of the hardship plan period
9. Payment_Plan_Start_Date - The day the first hardship plan payment is due. For example, if a borrower has a hardship plan period of 3 months, the start date is the start of the three-month period in which the borrower is allowed to make interest-only payments.
10. Hardship_Length - The number of months the borrower will make smaller payments than normally obligated due to a hardship plan
11. Hardship_DPD – Account days past due as of the hardship plan start date
12. Hardship_Loan_Status - Loan Status as of the hardship plan start date
13. Orig_Projected_Additional_Accrued_Interest - The original projected additional interest amount that will accrue for the given hardship payment plan as of the Hardship Start Date. This field will be null if the borrower has broken their hardship payment plan.
14. Hardship_Payoff_Balance_Amount – The payoff balance amount as of the hardship plan start date
15. Hardship_Last_Payment_Amount – The last payment amount as of the hardship plan start date

Existing fields will not be affected.

As always, please feel free to contact us with questions or concerns. 

 

 

March 2017 Update

We are planning on adding several fields to our reports on March 9, 2017. 

Investors will see 13 new attributes (as detailed below) on the Notes downloadable file, in the Browse Loans downloadable file, and in the API.  All fields relate to joint application loans.  The fields will only apply for new joint application loans as of March 9, 2017 and going forward. Existing fields will not be affected. 

1. revol_bal_joint – Sum of revolving credit balance of the co-borrowers, net of duplicate balances
2. sec_app_fico_range_low – FICO range (low) for the secondary applicant
3. sec_app_fico_range_high – FICO range (high) for the secondary applicant
4. sec_app_earliest_cr_line – Earliest credit line at time of application for the secondary applicant
5. sec_app_inq_last_6mths – Credit inquiries in the last 6 months at time of application for the secondary applicant
6. sec_app_mort_acc – Number of mortgage accounts at time of application for the secondary applicant
7. sec_app_open_acc – Number of open trades at time of application for the secondary applicant
8. sec_app_revol_util – Ratio of total current balance to high credit/credit limit for all revolving accounts
9. sec_app_open_il_6m – Number of currently active installment trades at time of application for the secondary applicant
10. sec_app_num_rev_accts – Number of revolving accounts at time of application for the secondary applicant
11. sec_app_chargeoff_within_12_mths – Number of charge-offs within last 12 months at time of application for the secondary applicant
12. sec_app_collections_12_mths_ex_med – Number of collections within last 12 months excluding medical collections at time of application for the secondary applicant
13. sec_app_mths_since_last_major_derog – Months since most recent 90-day or worse rating at time of application for the secondary applicant

For more information about the API, please visit our developers page.

As always, please feel free to contact us with questions or concerns.