LendingClub

Lender Summary

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.

What they're saying

Ratings & Reviews
6085 Reviews
  • Interest Rates
    Excellent
  • Fees & Closing Costs
    Good
  • Responsiveness
    Excellent
  • Customer Service
    Excellent

Review Breakdown

An Oasis In A Parched World

"An Oasis In A Parched World" is how I would describe LendingClub. No one wants to borrow money or have to ask for hel***.not in this old world. Why? Because people look down on you, make you fill out tons of paperwork only to rebuke you for bad credit; while money sharks who pretend to be your friend, swim past you, gouging you with extremely high-interest rates, followed by a "low ball" loan that is absolutely useless. All the while, my family is parched and burning up down in south Texas for lack of an air conditioning system. Thank you LendingClub for being available, accommodating, and helpful during the loan process. Even if my loan request had been rejected for lack of good credit, I would still leave the table feeling blessed and cared for. EVERYONE on the phone and online was courteous and concerned about my situation. Everyone listened and had time to give a complete response to all my questions. Everyone for professional yet empathetic at the same time. An Oasis indeed in. this old world. Thank you for the loan! I WILL REPAY EVERY CENT ON TIME! Thank you for caring. People are hurting right now from Ukraine to the United States and around the world. They need a voice on the other end of the line that gives them hope.

  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

Great experience

Smooth and efficient experience all done online. No problem whatsoever! Lc keep track of all your info

  • Closed with Lender:

    Yes
  • Loan Type:

    Personal Loan
  • Review Type:

    Lender Review

It was a great experience!

The process was simple and I received the funds extra fast! I received the money in 2 days. I would definetely recommend!

  • Closed with Lender:

    Yes
  • 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.

LendingClub

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