LendingClub services all personal and small business loans. As we receive payments from borrowers we securely transfer the funds received to pay investors in the corresponding Notes. We also work with third-party collections agencies to manage delinquent loans.
- Where are LendingClub's latest sales reports and SEC filings located?
- Why do borrowers with great credit need LendingClub?
- Who is servicing the loans?
- How does LendingClub make money?
- What is the default and/or charge-off rate on loans facilitated by LendingClub?
- What happens if LendingClub goes out of business?
- Unclaimed or Abandoned Property