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Lending Club Loans from 7.89%. 10% Off Fees

35 comments

Offered by:
LendingClub
See all offers from LendingClub

Related Offers:

Lending Club Loans from 7.89%. Get 10% off fees. Consolidate pesky credit cards, pay for a small project at home, or cover that short term expense with a 3-year loan from Lending Club.

Do You Have Excellent Credit?

Not only will you get a better rate, but you will also get 10% off! Lending Club rewards borrowers with good credit. You can borrow money at better interest rates because these online loans are direct loans - they're being funded by other people like you or organizations, including Lending Club itself, that do not have the administrative costs of banks.

Here you can get an unsecured personal loan to help consolidate debt (e.g. paying off credit cards), fund a small home business or educational expenses or for any other purpose, directly from other members. Whatever the reason, join Lending Club to enjoy the kind of low interest rate only possible through peer lending!

Lending Club is open to US residents, and this Karma offer is available exclusively to you based on your excellent credit history.

With Lending Club, you will:

List your loan request through our site: no need to talk to a loan officer at a bank
Get a low interest rate, funded by other people, and a good deal on processing the loan
Enjoy predictable payments: 36 month loan, fixed interest rate and payments, no prepayment penalties

Offer Rules:
This Offer is available exclusively to Credit Karma borrowers. Borrower pays 0.75%-2% of the loan amount as origination fees. 10% off will be reimbursed to the borrower once the loan issues.

See our Lending Club Review for more details.

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USER COMMENTS(35)

Hammie
Oct 17
7:02 am

Have a Credit Karma credit score of 675.....Lending Club says my score is below 640...yet they state they partner with Credit Karma...got denied...big rip!

zlyler
Oct 5
12:55 pm

As a lender this is a great opportunity to make money. They only charge 1% of APR of interest to you and I am currently earning an average of 14.30% per year. I don't invest more than $100 per loan so that if someone defaults on the loan there would not be too much loss.

I have been in the stock market, mutual funds, savings, etc. and this is has been the best return for my money. I highly reccommend this as a lender

robert0380
Jul 30
1:03 pm

I'll give it thumbs up as a lender, however I tried to borrow money through them and got denied. Credit score over 760 but apparently my DTI is too high. The restrictions on borrowing are very tight but I guess for good reason.

christoofar
Jul 18
2:06 am

P2P lending is dead.

Lenders who lent to strangers on the Internet got burned with Prosper and LC, and the newest re-incarnations with the tighter lending standards hasn't cleaned up the problem with collections, or made the borrowing cheaper.

It's a no-win for everyone.

CK Moderator

It is not quite dead. It is now re-emerging with SEC approval and tighter credit requirements. But as you suggest, there is risk so it might not be for everyone.

ezgoldsc
Oct 17
12:29 pm

FWIW I loaned money on Prosper the day it opened, and was paid back every penny owed plus all of the interest. As the moderator noted, things ARE different now, especially with the secondary market for notes and gov't oversight.

nautiq
Jul 14
2:12 pm

don't bother. I make plenty of $$ and my credit score is 723.

its probably great for lenders, but credit card companies like Bank of America have me by the balls.

they have screwed me over again and again and now im stuck. even though getting a lower interest rate would help me immeasureably, I cannot get unshackled from BofA

honeychile
Jul 9
10:50 am

This is not a good offer.

brianguy
Jul 1
1:25 pm

CharCasa: why thumbs down? click wrong button??

scooterrocky
May 15
10:04 am

This must be the worst requirements ever needed from a company. My score is 720 with only $200 in outstanding credit debt and I was declined to even submit a listing for a loan! This was not even for the loan itself. I suggest Only credit scores 750 and above!!

worldimpex
Apr 7
2:19 am

i got approved then declined after 2 weeks dont trust lending club. I had 745 score ... just waste of time.

CharCasa
Mar 24
6:14 pm

Very good offer providing your DTI ratio is below 25 percent and you have an above 700 credit score. Being straighforward is also a key. I had high credit card rates despite requesting lower rates with at least one company more than once. I was told I was "high risk", but it seemed more like I was a good revenue source as I paid my bills on time. I received a Lending Tree loan (less than what I initially requested, but that was my choice in order to recieve a lower interest rate). They did everything they stated and I have had no regrets. Highly recommend!