Rick Bormin, Personal Loans Moderator
@rhandoo2020
Applicants need a credit score of 600 - 640 to get a personal loan from LendingClub, according to multiple third-party sources. That means the LendingClub personal loan credit score requirement is in the bad to fair credit range. To put this in perspective, most other lenders' credit score requirements for personal loans range between 585 and 700.
Keep in mind that just having a 600 - 640 credit score is not enough to qualify you for a LendingClub personal loan. LendingClub will consider your entire financial profile, including things like your income, existing debts and recent credit inquiries, when deciding whether to approve you. It's also worth noting that some applicants might be able to get a personal loan from LendingClub with a slightly lower score if it's offset by other factors like an especially high income. But it's best to wait to apply until your score meets the threshold.
If you're unsure of what your current credit score is, you can check it for free on WalletHub. You can also pre-qualify for a LendingClub personal loan online to gauge your chances of getting approved with your current credit score.
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