Lending Club is pivoting back to the strategy it was pursuing prior to the abrupt ouster of its chief executive officer in May.

The San Francisco-based online lender, which grew rapidly by refinancing Americans' credit card debt, now plans to make a similar pitch to consumers who have car loans. On Tuesday, Lending Club started offering to refinance auto loans of up to $50,000 at annual percentage rates of 2.49% to 19.99%.

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