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Where Can Investors See Ongoing Collection Activities on Late Notes?

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LendingClub makes every effort to bring late Notes back to "current" status. We'll update you with any collection activity related to your Notes through the Loan Performance page in your Member Center. Under My Notes, click the status link of any Note to view its loan performance.

Collections activities are strictly regulated according to federal, state, and municipal laws. Learn more about our collections process and the regulatory environment related to collections. Under no circumstance will an investor be permitted to contact borrowers directly.

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Revolving Credit
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
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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.

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