Lending Club


Our mission is to transform the banking system to make credit more affordable and investing more rewarding.

Since 2007, we’ve helped over 1.5 million people achieve greater financial wellness, and that number is growing. As the trailblazer in peer-to-peer lending, we’ve evolved into America’s largest online marketplace that allows borrowers to apply for personal loans, auto refinancing, business loans, and elective medical procedures. Through our marketplace, we’ve given investors access to solid returns, low volatility, and monthly cash flow.1

Headquartered in San Francisco, we operate fully online without any branch locations, which allows us to keep operating costs low and focus more resources on our customers. We are transforming the banking system into a frictionless, transparent, and highly efficient digital experience, and we’re here for you.

Loan Features

Personal Loans up to $40,000 

A personal loan through LendingClub can help you meet your financial goals. Refinance your credit cards with a personal loan—and circle the date you can be debt free. Simplify your life with a single monthly payment by getting an affordable, fixed-rate loan. Start your home improvement project now, without waiting for a home equity loan or line of credit. Pay for an unexpected expense or major purchase in fixed installments instead of using a credit card.

Business Loans

Get all your capital up front, 1-5 year terms, borrow between $5K to $300K. Fixed monthly payments, no prepayment penalties. Great for a large one-time expense.

Why get a business loan?
Start building your future. Purchase equipment. Improve your operations and generate more revenue with new equipment

Consolidate debt. Move from high interest debt into a simple, transparent monthly payment and free up cash flow to run your business

Hire new employees. Invest in your employees, your most valuable resources

Expand your location. Give your business the ability to expand to its current location or take another one.

Auto Refinancing

Whether your goal is to lower your monthly car payments or reduce the total interest you pay on your car loan, it’s important you understand how refinancing your car loan works.

Refinancing your car loan is replacing your current auto lender with another lender. This involves changing the name of the company that is listed on your car’s title, which is a document that details proof of official ownership. That means you will make payments to the new lender until your loan is paid off.

Before checking your rate for a car refinance loan check to make sure that when you obtain a quote it won’t be a hard inquiry on your credit report. This can impact your credit score. When you apply, a lender will look at your credit profile, as well as the make, model, trim and mileage of your car to determine your rate. You won’t need to have your car appraised the way you do when you refinance a home. Lenders will look at the value of your vehicle relative to how much you owe on the vehicle, called your Loan-to-Value ratio.

Patient Solutions

When patients need a simple and more affordable way to pay for the care you prescribe, we can help. Unlike other plans, applicants will see all amounts, monthly payments, and interest rates they qualify for, with no impact to their credit until they select a plan and move forward.

Our approval rates and practice fees are highly competitive. And the application process is fast and easy, so your patients will have the funding needed for optimal care. Best of all, your practice can focus on what you do best: care for patients.

You chose dentistry over banking for a reason. Partner with Lending Club Patient Solutions to provide quality financing for your patients. So you can focus on ensuring they get the restorative, cosmetic or orthodontic care they need. If you compare the maximum loan amount of $50,000 and the monthly term limit of 84 months, you will find that Extended Plans offered through Lending Club Patient Solutions provide some of the most flexible and lowest monthly payments. Plus, True No-Interest Plans with no retroactive interest avoid unwelcome surprises. We give you and your patients another reason to smile.

Application Process

Applying for a loan through LendingClub is fast, easy, and confidential.

  • Check your rate at lendingclub.com.
    In just a few minutes, you can see what you qualify for without affecting your credit score. In some cases when you apply for an individual loan, we may recommend that you add a co-borrower, which may help you qualify. If this is the case for you, simply click Add a Co-Borrower on the application page, and proceed with a joint application.
  • Choose your offer.
    If you qualify, you’ll receive multiple loan offers. Select the one you like best.
  • Complete the online application.
    We ask for information about your income and employment, as well as information that helps us identify you, such as your address and Social Security Number.
  • Verify your information.
    Your personal To-Do List shows the tasks we need you to complete, such as confirming your email address so we can communicate with you about your loan. In some cases, we may also ask questions or request documents that help us verify your identity, income, or employment.
  • Hold tight while we review your application and find investors to back your loan.
    You can visit your Account Summary any time to see the progress on your loan.
  • Receive your loan.
    Once your loan is approved and backed by investors, your loan will be automatically deposited into your verified bank account within four business days.

The whole application, approval, and funding process can take as little as a week. Sometimes, it can take a little longer.

Eligibility requirements

To borrow through LendingClub, you must be:

  • A United States citizen or permanent resident, or living in the U.S. on a valid, long-term visa
  • At least 18 years old
  • The holder of a verifiable bank account

At this time, we can’t accept loan applications from residents of Iowa, Guam, or Puerto Rico.

Repayment Terms

What you pay each year in interest, shown as a percentage of the total amount you borrowed.

Origination Fee
A one-time fee of 1-6%3 that’s only charged when you receive your loan. It’s deducted from your loan when the loan is issued, so you’ll receive the amount you applied for minus the origination fee.

If your payment is more than 15 days late, we may charge a late payment fee to compensate investors for the delay. The late payment fee is 5.00% of your unpaid payment or $15, whichever is greater. We charge this fee once for each late payment.

Customer Support

71 Stevenson Street, Suite 1000
San Francisco, CA 94105

Call us toll-free: 888-596-3157
Monday – Friday: 6am – 5pm PT
Saturday: 8am – 5pm PT

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