LendingClub Personal Loans provide a beneficial option for prospective borrowers who may not qualify independently. Including a qualified co-borrower can increase their chances of qualifying and potentially lowering their APR and/or increasing their loan amount. LendingClub customers should select “Two of Us” when checking their rate to apply with a co-borrower. An email will then be sent to the co-borrower for identity verification and completion of necessary paperwork. Ultimately, LendingClub provides an opportunity for individuals or families requiring additional support to receive financial assistance.

LendingClub Personal Loan is the ideal solution for borrowers looking to finance small amounts of money with fair credit. LendingClub loans offer competitive rates and are accessible to those living in all 50 states (and soon, U.S. territories). However, as with any loan, these loans come at a cost—borrowers with less than stellar credit may have to pay higher interest rates. One way to secure lower rates is by adding a co-borrower to the application, which can open up access to larger loan amounts and more competitive rates. LendingClub is a great option for those who need access to funds but has fair credit scores and are willing to put in the extra effort.