1
Savings vary per customer. 3,690 randomly selected borrowers in a survey conducted from 1/1/18 – 11/30/18 reported an average interest rate on outstanding debt or credit cards of 20.5%. Assuming 3% annual fees, based on CFPB, “The Consumer Credit Card Market,” 2015, that yields an APR of 22.74%. From 1/1/18 – 11/30/18, borrowers who received a loan via LendingClub to consolidate existing debt or pay off their credit card balance received an average APR of 19.2% and average loan size of $14,700. With a paydown period of 36 months on an initial balance of $14,700, the monthly payment for credit cards is $550.06 vs. $513.91 for a personal loan, for total savings of $1,290.88 in interest and fees.
2 All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history. Source for savings % and satisfaction scores: LendingClub borrower surveys, 2013 –
2017.
3 This depiction is a summary of the processes for obtaining a loan or making an investment. All loans made by WebBank, Member FDIC, Equal Housing Lender. Investors do not invest directly in loans. Investors purchase Member Dependent
Notes from LendingClub. Individual borrowers must be a US citizen or permanent resident and at least 18 years old. Valid bank account and social security number/FEIN are required. All loans are subject to credit review and approval.
Your actual rate depends upon credit score, loan amount, loan term, credit usage and history. LendingClub notes are issued pursuant to a
Prospectus on file with the SEC. You should review the risks and uncertainties described in the
Prospectus related to your possible investment in the notes. Currently only residents of the following states may invest in LendingClub notes: AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI,
MN, MO, MS, MT, ND, NE, NH, NJ, NV, NY, OK, OR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, or WY. Our mailing address is: LendingClub, 595 Market, Suite 200, San Francisco, CA 94105.
4
http://www.economist.com/blogs/schumpeter/2013/01/lending-club
5
4.95% - 7.10% average historical returns for loan grades A through C as of March 31, 2017. To be included in the historical returns ("Historical Returns") calculation, a Note must have been originated prior to September 30, 2015. Historical
Returns are LendingClub's adjusted net annualized returns ("Adjusted NAR") for Notes with Grades A through C. Adjusted NAR is calculated using the formula described
here . Historical returns are based on actual borrower payments received each month, net of fees, actual charge offs, recoveries, and estimated future losses. To estimate future losses, we apply a charge-off rate estimate to the outstanding
principal of any loans that are past-due but not charged off. The charge-off rate estimate is based on historical charge-off rates by loan status over a 9-month period. Historical performance is not a guarantee of future results. LendingClub
Notes are not insured or guaranteed and investors may have negative returns. Individual portfolio results may be impacted by, among other things, the size and diversity of the portfolio, the exposure to any single Note, borrower
or group of Notes or borrowers, as well as macroeconomic conditions. Notes are offered by
prospectus filed with the SEC and investors should review the risks and uncertainties described in the prospectus prior to investing in the Notes.
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