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Reported Loan Purpose
of Lending Club borrowers report using their loans to refinance existing loans or pay off their credit cards as of 12/31/14.1
Loan Issuance By State2
- $151+ M
- $51 - $150 M
- $0 - $50 M
- Not Available
As of 12/31/14
1. Loan purpose describes the reported intent of borrowers and may not reflect actual usage. Investors should rely on loan grades rather than loan purpose.
2. Loan Issuance by US State for all loans facilitated since inception. States where Lending Club does not currently facilitate loan origination are shown as 'Not Available'
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.
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