Core Insights - Concerns about consumer strength are rising due to record-high credit card debt, but the Federal Reserve's interest rate reductions may alleviate borrowing costs and encourage debt consolidation [1] Company Overview - LendingClub has transformed from a peer-to-peer lending pioneer to a digital bank, enhancing its resilience through the acquisition of Radius Bank in 2021, which provided full-stack banking capabilities [4][5] Financial Performance - In Q3, LendingClub originated over $2.6 billion in loans, marking a 37% year-over-year increase, and generated a record $158 million in net interest income [7][8] Business Strategy - The acquisition of Radius Bank allows LendingClub to retain high-quality loans while selling the rest, contributing significantly to its growth in a rising interest rate environment [6]