Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card Debt [Yahoo! Finance]
LendingClub Corporation (LC)
Last lendingclub corporation earnings: 2/18 04:06 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.lendingclub.com
Company Research
Source: Yahoo! Finance
SAN FRANCISCO Nov. 19, 2024 /PRNewswire/ -- Most Americans are drawn to credit cards for convenience, credit building, or rewards with every intention to pay their balance in full every month. However, life happens and nearly half of cardholders end up carrying a balance, today paying historically high interest rates on a loan they have trouble understanding and that they never intended to take. That's according to new research from LendingClub Corporation (NYSE: LC), the parent company of LendingClub Bank, America's leading digital marketplace bank, which finds that unintentional credit card debt is throttling Americans' finances, putting them on a hamster wheel of debt that is leading to financial instability and harming their mental well-being. Trapped on a Hamster Wheel of Credit Card Debt Many consumers view credit cards as a convenience, credit builder, or source of rewards – not a loan. As a result, they don't always shop around for the lowest interest rates, track rate ch
Show less
Read more
Impact Snapshot
Event Time:
LC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LC alerts
High impacting LendingClub Corporation news events
Weekly update
A roundup of the hottest topics
LC
News
- High Savings APYs Linger for Now, but Could Drop Soon. Today's Rates, Nov. 21, 2024 [CNET News]CNET News
- High Savings APYs Won't Stick Around Long -- Don't Delay to Get a Good Rate. Today's Rates, Nov. 20, 2024 [CNET News]CNET News
- There's Still Time to Earn Interest on Your Savings, But Time's Ticking. Today's Rates, Nov. 19, 2024 [CNET News]CNET News
- Caught in a Loop: More Americans Are Unwittingly Ending Up on a Hamster Wheel of Credit Card DebtPR Newswire
- Best Savings Rates Today, Nov. 18, 2024: Don't Miss Your Moment to Earn More Money [CNET News]CNET News
LC
Earnings
- 10/23/24 - Beat
LC
Sec Filings
- 11/12/24 - Form 4
- 11/8/24 - Form 4
- 11/8/24 - Form 144
- LC's page on the SEC website