4.7 of 5stars5133 Reviews

LendingClub

  • Recommended Lender
    Recommended 96%
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Lender Summary

All loans made by WebBank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage and history. The APR ranges from 10.68% to 35.89%. For example, you could receive a loan of $6,000 with an interest rate of 9.56% and a 5.00% origination fee of $300 for an APR of 13.11%. In this example, you will receive $5,700 and will make 36 monthly payments of $192.37. The total amount repayable will be $6,925.32. Your APR will be determined based on your credit at time of application. The origination fee ranges from 2% to 6% (average is 4.86% as of 7/1/2019 – 9/30/2019). In Georgia, the minimum loan amount is $3,025. In Massachusetts, the minimum loan amount is $6,001 if your APR is greater than 12%. There is no down payment and there is never a prepayment penalty. Closing of your loan is contingent upon your agreement of all the required agreements and disclosures on the Lendingclub website. All loans via LendingClub have a minimum repayment term of 36 months or longer. Loans require sufficient investor commitment before they can be funded or issued.

What they're saying

Ratings & Reviews
5133 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Good
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

No!

I have repeatedly asked that I not be contacted re: loans, etc. from this company or its subsidiaries but they keep calling, texting, and won’t take NO, NO, NO for an answer!!!!!

  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

false advertisement

It is easy to be approved for this loan. The interest is not much lower than your credit cards and they send many offers after you receive the loan with the purpose of refinancing your loan but if you calculate it, its less convenient than your original loan. I would suggest using a credit union if you're looking to pay off some of your debt. also they offer you a refund from your initial fee but it only happens if the fee is 5 percent of the loan, and they don't disclose that with you so I waited for a refund that was never coming.

  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

Annoying pop-up ads

I'm so sick of lendingtree's pop-up ads that I didn't consider them when I re-financed recently. Same annoying ads on multiple sites and usually blocking content.

  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review
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LendingClub

Customer Satisfaction rating is based directly on customer ratings and reviews. Customers rate lenders on their customer service, interest rates, fees and closing cost and overall experience.

LendingTree Certification:

The LendingTree Certification Program recognizes Lenders and Loan Officers with outstanding performance on the LendingTree Network, they are committed to providing exceptional customer service and are graduates of LendingTree University.

LendingTree Certification:

  • Certified Lender
    Certified Lenders have demonstrated their organizational commitment to employee development, at least 50% of their loan professionals have been certified while also providing exemplary service to LendingTree consumers.

Loan Officer Certifications:

  • Gold Leaf
    Gold Leaf is the cornerstone of the loan officer certification program and is designed to recognize loan officers committed to their own professional development while adhering to LendingTree best practices. Gold Leaf recipients know the fundamentals of LendingTree and online lending, they are equipped with the necessary skills to be best-in-class loan professionals.
  • Certified President's Club
    President’s Club is presented to an elite group of loan officers based on success levels in several areas including adherence to LendingTree best practices, commitment to professional development and dedication to customer excellence. Recipients have also met all Gold Leaf criteria.

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