Lending Club Reviews
(Rated by 2449 users)
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Are you looking for ways to save money when shopping at Lending Club. Our Lending Club coupon codes can help you do just that! Over 2449 customers have already used our coupons to save an average of $62 with Lending Club discount codes. There are currently 21 coupons available, so now is the perfect time to join in on the savings.
Payment Methods
Payment Methods
- Verified Store VERIFIED
- Free shipping: Orders $50+
- In-store pickup: Ready in 2 hours
- 30-Day Returns
- Gap Good Rewards (4 brands)
Payment Methods
- Tops: $23 - $70
- Bottoms: $27 - $70
- Outerwear: $34 - $70
- Kids: $29 - $75
Today's Best Deals
Overall Rating
4.0
Base on 2 Reviews
Ratings by Feature
Ratings by Feature
- Good Value4.0
- Customer Service5.0
- Return Policy4.0
- Price & Quality5.0
- Shipping & Delivery4.0
Recent Customer Reviews (2)
Vitór Cavalcanti
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Melissa Farr
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Lending Club Pricing
Annual Percentage Rate (APR)
6.34% - 35.89%
Origination Fee
1% - 8%
Loan Amount
up to $40,000
Personal loans
$1,000 - $40,000
Origination Fees
3% - 8%
Maximum APR
up to 36.00%
Lending Club Pros & Cons
Pros
1
Joint Loan Option: Allows borrowers to add a co-borrower, which can improve the chances of approval and lower the interest rate.
2
Debt Consolidation: Offers direct payment to creditors, making it a good option for consolidating high-interest debt.
3
Pre-qualification: Provides a soft credit check for pre-qualification, which doesn't affect the credit score.
4
Flexible Payment Dates: Allows borrowers to choose and change their repayment date.
5
No Prepayment Penalty: Borrowers can make additional payments without incurring extra fees.
6
Quick Approval Process: Approval can be as quick as 24 hours, and funds are available within two to four business days.
CONS
1
Origination Fees: Charges an origination fee ranging from 3% to 8% of the loan amount.
2
High APR: Has a high maximum APR of 36.00%, which is higher than some competitors.
3
Multiple Fees: In addition to the origination fee, there may be late payment fees and other penalties.
4
Slower Access to Funds: While funds are available within two to four business days, this is slower compared to some other lenders.
5
Technical Issues: Some users have reported technical issues with the online application interface and customer service.
Lending Club Features and Benefits
Features
Checking accounts
Earn interest and cash-back rewards. No monthly maintenance or overdraft fees. No ATM fees, plus fee rebates for out-of-network ATM use.
Savings accounts
High yield savings accounts with competitive rates.
Certificates of Deposit (CDs)
Terms ranging from six months to five years.
Personal loans
Loans between $1,000 and $40,000 with less stringent eligibility for fair to good credit.
Direct payment of third-party creditors
Available for personal loans to facilitate debt consolidation.
Joint applications
Available for personal loans to improve approval chances and lower rates.
Digital marketplace
Totally branchless banking.
Joint Loan Option
Allows adding a co-borrower to improve approval chances and lower interest rate.
Debt Consolidation
Direct payment to creditors for consolidating high-interest debt.
Pre-qualification
Soft credit check that doesn't affect credit score.
Flexible Payment Dates
Choose and change repayment date.
No Prepayment Penalty
Make additional payments without extra fees.
Quick Approval Process
Approval as quick as 24 hours, funds within two to four business days.
No prepayment fees
For early payoffs.
Prorated refund on origination fees
Unearned portion over 5% refunded upon loan payoff.