Talk:LendingClub

This edit request by an editor with a conflict of interest has now been answered.

Hey, Wikipedia! I'm an employee at LendingClub here operating on the company's behalf. In lieu of making direct edits, which I know is forbidden, I will make suggestions on this Talk page and let editors who have no conflict of interest decide if they're thorough and well-sourced enough to add to the LC Wikipedia page.

My first edit request is pretty straightforward. I wanted to update a few items in the page's infobox, including:

• Sourcing the Founded and Key People fields with this Financial Times piece.^[1]
• Changing the Industry listed from Personal finance and software to: Financial services
• Changing the Products field to Services as this is more encompassing of what LendingClub offers
• Adding Fintech under Services

I see that User:Ptrnext recently updated the financial figures, which I've had my eye on for a little while. Thanks for taking care of that! If User:Ptrnext or any other editor is interested in helping out with these edits, please go right ahead. Cheers! EFlynn at LendingClub (talk) 16:55, 31 May 2022 (UTC)

 Done Ptrnext (talk) 01:44, 1 June 2022 (UTC)

 Already done Closing per @Ptrnext:'s comment Happy Editing--IAmChaos 04:21, 1 June 2022 (UTC)

Hello, Ptrnext and IAmChaos! I'm popping in here to say thanks for looking over and approving my edit request. I'm planning to propose future edits to the body of the article, so look out for those, if they interest you at all. Until then! EFlynn at LendingClub (talk) 15:31, 9 June 2022 (UTC)

This edit request by an editor with a conflict of interest has now been answered.

Hey again! While inspecting the page, I noticed that the History section, while it contains many solid facts, has some awkward phrasing in it and doesn't contain much information about what LendingClub has done over the past few years, as it has rather dramatically altered how it operates. I researched and drafted a new History that brings the section up to date, while keeping nearly everything in the existing section intact. Since the draft is quite long, I uploaded it to my user page. Here I'll quickly run down the more substantial changes and additions I made:

• Fixed a handful of tense and grammatical issues, and standardized the way that the section presents dates and financial figures
• Added some details to the Scandal and struggle subsection on U.S. government agency investigations into the company, and how those incidents were resolved
• Changed the Car loans and mortgages subsection heading to Product extensions, as that's a more accurate characterization of what it contains
• Added details to that subsection about a partnership between LC and Opportunity Fund, plus a brief summary of what Lending Club Open Integration is and how it works
• Significantly expanded the final subsection, renaming it From peer-to-peer to marketplace banking and covering LC's launch of its Scale program, its acquisition of Radius Bank, and the closure and later relaunch of its secondary trading platform

I would like to invite editors—specifically User:Ptrnext and User:IAmChaos, both of whom reviewed my initial edit request—to take a close look at my draft and either post it to the LendingClub page or let me know what I could do to improve it. Thank you in advance to whoever takes the time to comb through what I've written. Cheers! EFlynn at LendingClub (talk) 19:55, 6 July 2022 (UTC)

Hi there, User:UnitedStatesian! I saw that you recently made a few small updates to the LC article, and wanted to say that I appreciate your interest in improving the page. Would you also be interested in reviewing my History request above? It's been sitting for about a month and I haven't had much luck finding independent editors to take a look at it.

Just to be totally clear: I have a COI, so that's why I'm asking for your help as opposed to making the proposed edits myself. Thanks! EFlynn at LendingClub (talk) 15:25, 8 August 2022 (UTC)

Hey, User:Quetstar! I noticed that you recently made an edit to this article, so I thought I'd ask if you would be interested in looking over the History request I've made above. As you can likely tell from the timestamp, I've been searching for an independent editor to review this request for a while now, with no success. I would really appreciate your help, if you can find the time. Thanks! EFlynn at LendingClub (talk) 20:58, 25 August 2022 (UTC)

I'm closing this because the user who made this request has been banned. Bowler the Carmine | talk 10:34, 22 November 2022 (UTC)

This edit request by an editor with a conflict of interest was declined.

Hello! On the recommendation of User:CNMall41 above, I've decided to open up discussions about how to iron out the page's post-merger issues with an edit request. Here I'll briefly recap the situation, for anyone who's looking at this with fresh eyes:

I had previously suggested that the (now-defunct) LendingClub Bank page be merged with the LendingClub page. After some discussion among editors, User:Felix QW helpfully deleted the LC Bank page and migrated some of its content onto the LendingClub page. Which is a great start, but there are now some inaccuracies and redundancies on the LendingClub page. I detailed some of these in my post above.

I have drafted new History and Business model sections. The former has information about LendingClub's acquisition of Radius, the bank that would become "LC Bank". And the latter contains info about how LendingClub's operations and services have changed since the company acquired a bank charter.

I'm aware this might be a lot, for an editor who hasn't been keeping up with these developments. I'm happy to clarify further. Just ask away. I'm a LendingClub employee with a COI, so my role in this process is to make suggestions and provide context. I know that independent editors should ultimately decide how to resolve these post-merger issues. Thanks! EFlynn at LendingClub (talk) 18:00, 14 November 2022 (UTC)

I would be happy to scrap the current two sections on the previous and current business model and replace them with the Business model draft, as it seems like quite a bit of cruft has accumulated there over time, and the section taken from Radius is hopelessly outdated. However, I would like to see other opinions before doing so, since according to the template instructions, such a rewrite should find clear consensus before being implemented. Felix QW (talk) 19:13, 14 November 2022 (UTC)

Hey User:Felix QW, I agree that it would be a good idea to gather more opinions. I'm open to any ideas you have for building consensus. For my part, I'll tag in User:GenQuest, since they helped with the merger. I'm also going to travel to the WikiProject Computing Talk page. It's possible someone there will be interested in reviewing. If I can do anything else to facilitate discussion on this, please let me know. Thanks! EFlynn at LendingClub (talk) 22:43, 21 November 2022 (UTC)

We can't possibly use text drafted by an employee of this company, and you should not be proposing this. As an admin, I'd note that this article has had long running spam problems, including by editors with an apparent conflict of interest with this company. Nick-D (talk) 08:52, 22 November 2022 (UTC)

I've just blocked 'EFlynn at LendingClub' for spamming. Nick-D (talk) 09:08, 22 November 2022 (UTC)

 Not done: Denied per Nick-D. Quetstar (talk) 19:22, 9 December 2022 (UTC)