Lending Club Founder Savings Account
Is LendingClub going out of business?
In October 2020, the company ceased all new loan accounts on their website as part of restructuring into a neobank after the acquisition of Radius Bank. As of December 31, 2020, Lending Club will no longer operate as a peer-to-peer lender.
LendingClub - Wikipedia
Is LendingClub savings account good?
The LendingClub High-Yield Savings Account is a good option if you are looking for an account with no monthly service fees and that comes with an ATM card. To get the most out of the account, you'll need to maintain a balance of at least $2,500 — that way, you can earn the highest APY.
LendingClub Bank Review: Rewards Checking Account, No Monthly Fees
If you do not pay it, then your debt will be sent or sold to collections. ... This is why you need to be aware of your rights regarding how debt collectors may treat you. Finally, you will be sued. LendingClub loans are unsecured, which means they will need a court judgment to get their funds from you.
How to Beat a Lending Club Charge Off | SoloSuit Blog