Lending Club Statistics
Summary (from 05/01/2007 to 03/04/2014)
|Interest Paid to Investors||$351,660,877||One-Month Average Interest Rate (36-Month)||12.73%|
|One-Month Average Interest Rate (All Loan Terms)||14.59%||One-Month Average Interest Rate (60-Month)||17.81%|
NAR and Interest Rate
What is NAR and Adjusted NAR?
Net Annualized Return (NAR) is a cumulative, annualized measure of the return on all of the money invested over the life of an investment. Adjusted NAR is a similar measure of return that also incorporates an adjustment for estimated future losses2.
By Credit Grade
By Loan Amount
Average Stated Interest Rate
Grade Mix Over Time
Net annualized returns are calculated using the formula described here. Past performance is no guarantee of future results. Lending Club Notes are not guaranteed or insured, and investors may have negative returns. 2. NAR is based on actual borrower payments received each month, net of service fees and actual charge offs. NAR is not a forward looking projection of performance and it reflects the full principal amount of a Note until the corresponding loan charges off, even if the borrower is late on their payments. Adjusted NAR incorporates an adjustment for estimated future losses. To estimate future losses, we apply a loss rate estimate to the outstanding principal of any loans that are past-due but not charged off. The loss rate estimate is based on historical charge off rates by loan status over a 9-month period. Learn more about NAR and Adjusted NAR. 3. Average nine month recovery rates by loan status for the months of August 2012, September 2012, and October 2012. For example, 23% of outstanding principal in "Grace Period" status as of August 2012, September 2012, or October 2012, had been charged off when observed nine months later (as of April 2013, May 2013, and June 2013 respectively).
Please note: 'Public Offering' refers to the performance of loans which were originated utilizing the Lending Club website and met all characteristics necessary for the loan to become a "member loan" assigned to correspond to a "Member Payment Dependent Note" publicly offered to Investors on the Lending Club platform. Additional Statistics