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Is There a Summary of Annual Earnings for My Account?

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LendingClub provides a year-end statement that summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have been charged off.

Consult with your accountant or other tax advisors on how to properly type: asset-hyperlink id: 3qvoScA6m5AgjXtqJMLU6r on your annual Notes activity, including whether you can claim losses from Notes tied to charged-off loans.

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{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
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{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
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Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

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