Is LendingClub Shutting Down?
Unfortunately, under a banking framework, it wasn't economically practical for LendingClub to continue to offer Notes. So, we had to make the difficult decision to retire the Notes platform effective December 31, 2020.
Can you take your money out of LendingClub?
You may withdraw available cash from your account at any time. However, know that funds must be sent back to the same source from which they originated except in limited circumstances consistent with anti-money laundering policies.
How is a transfer of money to or from my account initiated? - LendingClub
Lending Club is legit for both investors and borrowers. This Lending Club review, unlike some others, will review the service from both sides of the deal. Make sure to read about my experience below before you invest or borrow with Lending Club.
Lending Club Reviews for Investors and Borrowers - Is it Right for You?
The company that pioneered peer-to-peer lending is making a big change. Last year, LendingClub announced that its signature Retail Notes -- that is, the ability of everyday people to fund loans for peers -- would be shutting down before the end of 2020.
LendingClub Is Ending Its P2P Lending Platform -- Now What?