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.
Process was Painless
Process was painless.. I was happy to see I did not have to fill out stacks of paper work for my loan. Everything was structured to take the guess out of the process. I loved being kept aware how my loan was progressing. It took the stress out of waiting and wondering if I might have been forgotten.
LendingTree Customer:
Excellent and Accommodating
I was looking to consolidate my credit card bills with one payment and I found a great rate with Lending Club. My loan was fully funded in a few days with everything done by email. There was no hassle of a million forms to fill out. Funds were put in my bank quickly and there is no penalty for paying the loan off in less time. I think this new concept of getting a loan quickly and everything done online is excellent. Their customer service is fast in getting back to you. It is fun to see all the investors investing in your loan.
LendingTree Customer:
Very Satisfied
I can't believe how fast and easy this was to consolidate my credit cards, and a very good rate. I definitely recommend this lender.
LendingTree Customer:
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.
