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LendingClub Statistics

Platform: Loan Statistics Download Data

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06/30/20

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Reported Loan Purpose

Refinancing
Credit Card Payoff
Other

of LendingClub borrowers report using their loans to refinance existing loans or pay off their credit cards as of 06/30/20.1

Data represents loans made in the prime program only

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Loan Issuance By State

  • $50+ M
  • $25 - $50 M
  • $10 - $25 M
  • $0 - $10 M

Most recent reported quarter ending 06/30/20

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1. Loan purpose describes the reported intent of borrowers from the most recent completed quarter and may not reflect actual usage. Investors should rely on loan grades rather than loan purpose.

Please note: 'Public Offering' refers to the performance of loans which were originated utilizing the LendingClub 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 LendingClub platform.

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