Reviews
LendingClub Personal Loan: how to apply now!
Find out how to apply for a personal loan with Lending Club. You can quickly complete an application online and get approved within minutes. Learn more here.
Advertisement
Apply for LendingClub Personal Loan: apply online for a loan with flexible payments
Do you want to apply for LendingClub Personal Loans? We’ve got you! This company is becoming an increasingly popular choice for borrowers searching for a personal loan.
Applying is simple and can be done anywhere with an internet access device. However, it is essential to gather some documents and meet some requirements. Check out how to apply in more detail.
Apply online
Applying for the LendingClub Personal Loan online has never been easier. All you need is an internet connection and the willingness to get started.
In just a few easy steps, you can apply, check your rate, choose an offer, confirm personal information, and complete the process in no time.
After completing these steps, you can sit back, relax, and await confirmation and the soon-coming funds. Payments are also a breeze, so you can easily pay off what you owe!
You will be redirected to another website
You’ll receive messages for less than 1 week, with a maximum of 1 message per day. You can unsubscribe anytime by replying STOP. By submitting this form, I confirm that I am 18+ years old and agree to the Privacy Policy and Terms and Conditions. I also provide my signature, giving express consent to receive informational messages via automated emails, SMS, MMS text messages, and other forms of communication. Message frequency may vary as part of our good-faith effort to respond to your inquiry. Message and data rates may apply. Text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and that I may revoke my consent at any time.
Requirements
Applying for a personal loan with LendingClub requires applicants to have a FICO credit score of at least 600, and the average of their prime borrowers is 705.
So, it may be more difficult to apply with a fair to bad credit score, but those that are more creditworthy may qualify for better APRs and larger loan amounts.
There isn’t an exact income requirement to apply, though borrowers must provide proof of income and have a total debt-to-income ratio lower than 40% or 35%, respectfully.
As an added option, they offer co-signers/co-applicants, which can help increase the chances of approval in some cases.
Apply on the app
The application for the LendingClub Personal Loan is made exclusively via the internet. You must access the company’s official website if you want to request from your smartphone or mobile device.
Inside the site, you do your initial pre-qualification to choose the best offer. You will then fill in your data as in the online application.
LendingClub Personal Loan vs. LoanPioneer: which one is the best for you?
LendingClub Personal Loan is the ideal option for you who have a score above 600 and need quick cash. Moreover, you can borrow up to $40,000 and pay back flexibly over months.
However, an interesting alternative is LoanPioneer which has relatively lower APR rates. However, in these cases, you can borrow an amount of up to $5,000, and you need to have more than 500.
Furthermore, the LoanPioneer alternative does not have very clear data about the extra origination and late payment fees. Check out the comparison and find out which option is best for you.
| LendingClub | LoanPioneer | |
| APR | 8.05% – 36.00% Variable; | 5.99% to 35.99%; |
| Loan Purpose | Credit card and debt consolidation, Balance transfers, Medical bills, and Home improvements; | Major purchases, emergencies, bills, other expenses, vehicle repairs, vacations and travel, debt consolidation, home improvements, and medical bills; |
| Loan Amounts | $1,000-$40,000; | $300 to $5,000; |
| Credit Needed | Minimum FICO score of 600; | Minimum FICO score of 500; |
| Origination Fee | 2.00% to 6.00% of the total loan amount; | N/A; |
| Late Fee | There may be late fees depending on your loan amount; | N/A; |
| Early Payoff Penalty | None. | N/A. |
Wondering if LoanPioneer is the best choice for you? Then keep reading and find out! The following article explains how to apply for it and more!
How to apply for LoanPioneer
LoanPioneer has the solution for your small debts up to $5,000. But how to apply for LoanPioneer? Find out in this post.
Trending Topics
Applying for the IHG® Rewards Traveler Credit Card: learn how!
IHG® Rewards Traveler Credit Card offers several benefits for travelers. Pay no annual fee and earn points on every dollar spent! Read on!
Keep Reading
Credit Strong review: repair your credit with confidence
Don't let bad credit hold you back anymore. Read our review of Credit Strong to learn how to improve your finances. No hard pull!
Keep Reading
PenFed Pathfinder® Rewards Visa Signature® Card full review
Looking for a card with travel perks and more? Read our detailed PenFed Pathfinder® Rewards Visa Signature® Card review!
Keep ReadingYou may also like
Unlock your power: OnPoint Community Credit Union HELOC review
Unlock the power of your home equity! Read our OnPoint Community Credit Union HELOC review and learn to enjoy flexible conditions!
Keep Reading
Wells Fargo Active Cash® Credit Card Review
Find out what the Wells Fargo Active Cash® Credit Card offers in this full review. Earn a $200 cash rewards bonus with 2% cashback. Check out!
Keep Reading
Rocket Loans personal loan application: how to apply now!
Do you need a loan with no hidden fees and that you can apply for online? Read on to learn about the Rocket Loans personal loan application!
Keep Reading