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.
I was satisfy with the outcome of the loan, it took about 12 business day to get everything clear, I hope that the next time that I apply for a loan my rate will lower, what I like is that you can pay more on your loan without a penalty.
well if you need a little help to consolidate you bills my advice would be to go to a debt management place... ive got a lot of bills , never late on them but cant find anyone to help combine into one payment . go figure so it really dosent matter what you do ,
Easy process to apply for a personal loan. I had several offers to choose from. Lending Club had the best interest rate. I was disappointed that I was kept waiting for an approval of funds several days. I emailed Customer Service and was informed that I would be informed soon. Total process was almost 2 weeks.