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Welcome. Let’s Keep Going

Wrap up your loan offer with LendingClub Bank, the nation's leading digital marketplace bank.

LOAN AMOUNT
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APR
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Checking your rate won't impact your credit score.

Join Over 4 Million Members

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Fast funding upon approval
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Fixed rates and monthly payments
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No prepayment fees or penalties
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Automatic payment withdrawals

What Our Members Say

Took me about 5 minutes to apply, less than 24 hours to get approved, and my money was in my account within 24 hours.

—Lagaysheya, a member from Georgia

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Frequently Asked Questions

LendingClub is America’s leading digital marketplace bank, and we’ve been connecting borrowers with investors since 2007. We’ve helped more than 4 million members get over $70 billion in personal loans so they can save money, pay down debt, and take control of their financial future. And because we don’t have any brick-and-mortar locations, we’re able to keep costs low and pass the savings back to you.

You can help keep things moving along by checking your To-Do list and making sure you have submitted all the documents and information requested.

You can apply and complete the entire process online from the comfort of your home using your phone, laptop, or tablet. Once your personal financial information has been verified, we’ll use our marketplace to look for investors for your loan. If your loan is funded and, depending on your selections, your money will be sent directly to your creditors and/or deposited into your bank account.

It’s possible to qualify for a higher loan amount and receive a better rate by applying for a joint personal loan with a co-borrower. One of the main reasons people apply with a co-borrower is help you qualify for a larger loan amount, allowing you to consolidate and pay down debt more quickly. Learn more about joint personal loans.

Choose your offer
Once your application is complete and loan request is approved, you’ll be able to review the loan amount, interest rate, APR, monthly payment, and loan term.

Confirm your information
We ask for your Social Security number, and about your income and employment. If we need any other documents or information, we'll let you know in your To-Do List. Then, hold tight while we look for your investors on our marketplace and wrap up your loan.

Get funded
Once your loan is approved, we’ll send the money directly to your bank account, and/or to your creditors if you choose this option.

You can use a personal loan for almost any purpose, with a few exceptions. LendingClub members often use personal loans to pay off credit cards at a lower rate, consolidate debt, or take care of unexpected home repairs and medical bills. A few ways a personal loan with LendingClub cannot be used include anything related to education after high school, making investments (such as securities or cryptocurrency), or illegal.

A personal loan could positively impact your credit if you’re able to show a history of on-time payments and a reduction in your total overall debt (i.e., as long as you don’t add new debt such as higher credit card balances). Also, checking your rate with LendingClub has absolutely no impact to your credit score because we use a soft credit pull. A hard credit pull (that could impact your score) occurs only if you continue with your loan and your money is sent. Learn more about soft vs. hard credit check.

    Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, term length, and making payments as agreed. 

    Reducing debt and maintaining low credit balances may contribute to an improvement in credit score, but results are not guaranteed. Individual results vary based on multiple factors, including but not limited to payment history and credit utilization.

    Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, term length, and making payments as agreed.

    Reducing debt and maintaining low credit balances may contribute to an improvement in credit score, but results are not guaranteed. Individual results vary based on multiple factors, including but not limited to payment history and credit utilization.

    A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $19,169 for a term of 36 months, with an interest rate of 10.49% and a 6.00% origination fee of $1,150 for an APR of 14.81%. In this example, the borrower will receive $18,019 and will make 36 monthly payments of $623. Loan amounts range from $1,000 to $40,000 and loan term lengths range from 24 months to 60 months. Some amounts, rates, and term lengths may be unavailable in certain states.

    For Personal Loans, APR ranges from 8.98% to 35.99% and origination fee ranges from 3.00% to 8.00% of the loan amount. APRs and origination fees are determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of March 8, 2024 and are subject to change without notice.

    Checking a rate through us generates a soft credit inquiry on a person’s credit report, which is visible only to that person. A hard credit inquiry, which is visible to that person and others, and which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person. Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and credit usage and history.

    Checking a rate through us generates a soft credit inquiry on a person’s credit report, which is visible only to that person. A hard credit inquiry, which is visible to that person and others, and which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person. Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, and credit usage and history. 

    Any reviews presented are individual experiences and results may vary. Reviews collected and authenticated by Bazaarvoice. All reviews can be accessed at https://www.lendingclub.com/company/reviews

    Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

    "LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

    © 2024 LendingClub Bank. All rights reserved.