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Jordan Cheng

General Counsel & Corporate Secretary
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As General Counsel & Corporate Secretary, Jordan oversees all legal matters including regulatory advice, litigation, business transactions, corporate governance, and intellectual property.

Before joining LendingClub, Jordan was Vice President and Deputy General Counsel at Alliance Data Card Services, where he provided strategic direction and led the legal department supporting all aspects of the company’s business. Prior to that, he served as Vice President and Senior Counsel at Bank of the West and Vice President, Secretary, and Director of Legal Compliance at Franklin Capital Corporation in supporting their consumer financial services regulatory and corporate governance needs. He also held consumer financial services regulatory legal roles at JP Morgan Chase and U.S. Bancorp.

Jordan received a J.D. from the University of Cincinnati College of Law as well as a B.S. in Accounting from the University of Utah. He is a member of the State Bars of Ohio and Utah.

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A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $19,008 for a term of 36 months, with an interest rate of 11.74% and a 6.00% origination fee of $1,140 for an APR of 16.09%. In this example, the borrower will receive $17,868 and will make 36 monthly payments of $629. Loan amounts range from $1,000 to $40,000 and loan term lengths range from 24 months to 60 months. Some amounts, rates, and term lengths may be unavailable in certain states. 

For Personal Loans, APR ranges from 8.91% to 35.99% and origination fee ranges from 3.00% to 8.00% of the loan amount. APRs and origination fees are determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of Oct 10, 2024 and are subject to change without notice. 

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

LendingClub,” the “LC” symbol, “TopUp,” and “DebtIQ” are trademarks of LendingClub Bank.

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