NerdWallet’s annual awards that help consumers make smart financial decisions recognize LendingClub as one of the best personal loan products
SAN FRANCISCO, January 4, 2023 /PRNewswire/ — LendingClub Bank, America’s first digital market bank and a subsidiary of LendingClub Corporation (NYSE: CL), was recognized by nerdwallet as the best personal loan of 2023 for fair credit.
NerdWallet, Inc. (Nasdaq: NRDS), a platform that provides financial advice to consumers and small and medium-sized enterprises (SMEs), revealed in their recent survey that only 30% of Americans know where to find reliable information when they have questions about products. and financial matters. To better help consumers and small and medium-sized businesses understand their financial options, they announced the winners of their Best of 2023 Awards. This year’s awards recognize the best financial products in the areas of banking, credit cards, insurance, investments, mortgages, personal loans, student loans and travel rewards.
LendingClub is one of the nation’s leading personal loan providers. Through this core business offering, the company helps its members save money by using technology to lower borrower costs on its lending products while providing fair and transparent access to credit. Additionally, LendingClub reaches communities that have been underserved by traditional banks, such as those in highly concentrated markets and in areas that have fewer bank branches per capita. The company is building a bank focused on empowering members on their path to better financial health by providing access to a wide range of financial products, services and educational resources, all designed to help them pay less when they borrow and earn more when they save. .
“LendingClub is honored to be recognized by NerdWallet with a 2023 Best-Of Award in the Personal Loan for Fair Credit category,” said Scott Sanborn, CEO of LendingClub. “Our data and technology advantage allows us to facilitate access to responsible credit at a fair price, which we believe should be available to everyone.
The NerdWallet survey, conducted online in November 2022 by The Harris Poll of more than 2,000 American adults, also found that one-third of Americans (33%) plan to set new financial goals for 2023. To identify the best products for consumers, winners of the Best-Of awards were selected by NerdWallet subject matter experts with years of experience reviewing and rating these personal finance products for Nerdwallet.com. Over 40 Nerds from NerdWallet’s editorial team have compared prices and rewards of over 1,000 products, performed side-by-side comparisons, and conducted objective ratings and reviews to help consumers confidently choose the best ones. products for them.
“In our financial product review, we identified LendingClub as one of its top personal loans in the Fair Credit category,” said Hanah Cho, Vice President, Content at NerdWallet. “Consumers can feel confident in their decision knowing that we researched and compared personal loan products to develop our recommendation.”
For more information on the winners of NerdWallet’s Best Personal Loans, visit: https://www.nerdwallet.com/l/awards-personal-loans-2023
A full list of NerdWallet’s 2023 Best-Of Awards winners can be found at: https://www.nerdwallet.com/l/awards
About LendingClub
LendingClub Corporation (NYSE: CL) is the parent company of LendingClub Bank, National Association, Member FDIC. LendingClub Bank is the leading digital marketplace bank in the United States, where members can access a wide range of financial products and services designed to help them pay less when they borrow and earn more when they save. Based on over 150 billion cells of data and counting $80 billion in lending, our advanced credit decision and machine learning models are used throughout the customer lifecycle to expand seamless access to credit for our members, while generating compelling risk-adjusted returns for our loan investors. Since 2007, more than 4 million members have joined the Club to help them achieve their financial goals. For more information about LendingClub, visit https://www.lendingclub.com.
About NerdWallet
Nerd Wallet (Nasdaq: NRDS) is on a mission to clarify all of life’s financial decisions. As a personal finance website and app, NerdWallet provides consumers with trusted and knowledgeable financial information so they can make smart money moves. From finding the best credit card to buying a home, NerdWallet is here to help consumers make financial decisions with confidence. Consumers have free access to our expert content and comparison shopping marketplaces, as well as a data-driven app, which helps them stay in control of their finances and save time and effort. money, giving them the freedom to do more. NerdWallet is available to consumers in the US, UK and Canada. For more information, visit NerdWallet.com.
“NerdWallet” is a registered trademark of NerdWallet Inc. All rights reserved. Other names and trademarks used herein may be trademarks of their respective owners.
Survey methodology:
This survey was conducted online in United States by The Harris Poll on behalf of NerdWallet of November 10-14, 2022 among 2,064 U.S. adults ages 18 and older. The sampling precision of Harris online polls is measured using a Bayesian credibility interval. For this study, the sample data is accurate to within +/- 2.8 percentage points using a 95% confidence level. For full survey methodology, including weighting variables and subgroup sample sizes, please contact [email protected].
contacts:
Lending club: [email protected]
LendingClub Investors: [email protected]
NerdWallet: [email protected]
SOURCE LendingClub Corporation
