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.
This was the easiest experience I have ever had getting a loan like this. Everything from the initial information request to the approval was fast, secure and professional. everything I expected was as promised. I would recommend the Lending Club to anyone needing a quick loan with good terms and easy to understand.
They are not a scam
Wasn't sure about them at first and my local bank thought they were a scam. However, i received a thumbs up on my loan quickly and the money was deposited in my bank the day they said it would be, Great rate, too-which is probably why the bank didn't want me to go with them.
This was the most pleasant expeiemce. Another lender wanted me to drive 400 miles to sign paperwork. I would recomend Lending tree to anyone that wants a secure hasstle free experience. Went off without a hitch and I had money in my account within 2 days.