Does LendingClub issue personal loans? This question is about LendingClub

Yes, LendingClub does issue personal loans. LendingClub offers personal loans of $1,000 - $40,000 with an APR range of 8.05% - 35.89% and repayment periods of 36 or 60 months to people with credit scores of 600 - 640+. LendingClub Personal Loan Terms Loan Amounts: $1,000 - $40,000 APRs: 8.05% - 35.89% Repayment Periods: 36 or 60 months Origination Fee: 1% - 6% Late Fee: 5% of payment (min. $15) For more information, check out the full LendingClub personal loan review on WalletHub.

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Does LendingClub issue personal loans?

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This question is about LendingClub

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Grace Enfield, Content Writer

@grace_enfield • 05/09/22 This answer was first published on 05/09/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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Yes, LendingClub does issue personal loans. LendingClub offers personal loans of $1,000 - $40,000 with an APR range of 8.05% - 35.89% and repayment periods of 36 or 60 months to people with credit scores of 600 - 640+.

LendingClub Personal Loan Terms

Loan Amounts: $1,000 - $40,000
APRs: 8.05% - 35.89%
Repayment Periods: 36 or 60 months
Origination Fee: 1% - 6%
Late Fee: 5% of payment (min. $15)

For more information, check out the full LendingClub personal loan review on WalletHub.

Answer Question

Does LendingClub have emergency loans?

No, LendingClub does not have emergency loans that you can get quickly. LendingClub takes 2 - 4 business days to fund new loans, which is likely to be too long for some emergency expenses, though loan amounts of up to $40,000 are available. If you can wait a little while to get your loan, then LendingClub may be good for you.... read full answer

If you're interested in seeing what other lenders have to offer, check out WalletHub's top-ranked emergency loans. You can also use WalletHub's free pre-qualification tool to see which lenders may approve you and which rates may be available to you.

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How can you get LendingClub personal loan pre-approval?

You can get LendingClub personal loan pre-approval through WalletHub’s free personal loan pre-approval tool. This will allow you to see your odds of approval for a personal loan with LendingClub, as well as your potential interest rates, and the process will have no impact on your credit score.

How to Get LendingClub Personal Loan Pre-approval... read full answer

Go to WalletHub’s free personal loan pre-approval tool.

Enter your desired loan amount and select the reason for borrowing.

Click “Get Started.”

Select your employment status, then enter your annual income.

Select whether you rent or own your home and click “Continue.”

Create a WalletHub account if you haven’t already.

Receive your pre-approval status.

It’s important to note that WalletHub’s personal loan pre-approval tool doesn’t just check for pre-approval with LendingClub. It also checks with multiple other personal loan providers at the same time, so you can see your options.

To check for pre-approval directly with LendingClub, go to its website and click on Check Your Rate. Then, enter your address, date of birth, driver’s license or other identifying documents, and other information. After that, click Next, and receive your pre-approval status after a few moments.

Keep in mind that if you are pre-approved for a personal loan, you’re not guaranteed to be approved when you submit an application. Your approval odds will be very high, though.

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Is LendingClub legit?

Yes, LendingClub personal loans are legit because LendingClub is a legitimate online lender registered to do business in the states it services, which is a legal requirement to be a legitimate lender. Another reason why LendingClub personal loans are legit is that the lender has a rating of A- from the Better Business Bureau. The company also is accredited with the Bureau.... read full answer

Why LendingClub Personal Loans Are Legit

LendingClub is registered as a business in the states it services.

LendingClub has a Better Business Bureau rating of A-.

LendingClub has been around since 2006.

LendingClub has an average user rating of 4.5/5 on WalletHub.

LendingClub personal loans have a rating of 3.5/5 from WalletHub's editors.

LendingClub has a secure website, which you can tell by the fact that the URL has "https" in front of it.

While LendingClub personal loans are legit, they may or not be the best choice for you. It's important to compare the terms and requirements of LendingClub personal loans against your other options before submitting an application.

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