Adam McCann, Financial Writer
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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.
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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