Vote

Tell us what you think! Your votes help other users find the best offers

Yes No

Digg Digg

Reddit Reddit

Email Email to a Friend

Lending Club Loans from 7.89%. 10% Off Fees

Offered by: LendingClub

39 comments | Comment on this offer

Details

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.

Comments

(39 Total Comments)

Lending Club is a great way to lend money with high interest for lender"

peggyobr at 11:41 am Jan 22

Does not serve my State of Idaho... boo! I think that might the only state they dont serve."

lestyboss4 at 6:17 am Jan 11

I just joined so we will see how it goes. Wondering if you would be better off investing in the new loans or buying the resale loans?"

doniam at 5:25 am Dec 30

My credit score is 740 and they gave me $1000 at 10.45% Fast proccessing time. I got the loan with in 3 days."

coolidge at 2:52 pm Dec 6

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!"

Hammie at 7:02 am Oct 17

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"

zlyler at 12:55 pm Oct 5

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."

robert0380 at 1:03 pm Jul 30

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."

christoofar at 2:06 am Jul 18

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.

CK Moderator

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.

ezgoldsc at 12:29 pm Oct 17

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"

nautiq at 2:12 pm Jul 14