4.7 of 5starsRead Reviews
A representative example of loan payment terms is as follows: you receive a loan of $13,411 for a term of 36 months, with an interest rate of 12.16% and a 5.30% origination fee of $711, for an APR of 15.99%. In this example, you will receive $12,700 and will make 36 monthly payments of $446.46. Loan amounts range from $1,000 to $40,000 and loan term lengths are 36 months or 60 months. Some amounts and term lengths may be unavailable in certain states. APR ranges from 8.05% to 35.89% and is determined at the time of application. Origination fee ranges from 3% to 6% of the loan amount. Lowest APR is available to borrowers with excellent credit. Advertised rates are subject to change without notice. Loans are made by LendingClub Bank, N.A., Member FDIC (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Loans are subject to credit approval and sufficient investor commitment before they can be funded or issued. Certain information that we subsequently obtain as part of the application process (including but not limited to information in your consumer report, your income, the loan amount that your request, the purpose of your loan, and qualifying debt) will be considered and could affect your ability to obtain a loan from us. Loan closing is contingent on accepting all required agreements and disclosures at Lendingclub.com. “LendingClub” is a trademark of LendingClub Bank.
WOW THE BEST
FAST AND EASY AND NO PROBLEM GETTING FUNDED I DONT KNOW WHY EVERYONE ELSE IS SO MAD AT LENDING CLUB 5 STARS
I do not recommend Lending Club to anyone looking for a loan. Even if your loan becomes fully funded and they say you are approved; it doesn't mean that you will receive the loan. They will wait until your ad expires and then remove the listing. This is a complete waste of time, and while I was waiting on them to approve my loan I went with another lender who was very responsive and had my loan issued to me in less than a week. Do not waste your time with this lender.
horrible lending service
at first they stated i qualify for a loan and it started to be funded. 2 days later they cancelled my account with no notice or anything. i reapplied and the same exact thing happened. i emailed their customer service (because when i called they transferred me to a diff dept and was forced to leave a vmail) no one ever called so i emailed them and told them why is this happening, their response was "we couldnt identify you" i replied back asking what i need to do to be verify myself which they have yet to respond. very poor lendor