LendingClub Reviews

I cannot recommend. Never again. Why you may ask? You are dealing with an online, disconnected system...but if you do find yourself talking to humans, they are in Asia and if you don't like the answer you receive, call back, you'll get a different one. I get paid twice a month. I initially started to make my payments 1/2 every payday (which meant that my payment, in full, was made before the due date). Since I was dividing my payment in 2 payments, and even though I had made the full payment amount before the due date, they were logging my payments in as extras - instead of monthly payments.

I submitted information on trusted sites online for a loan. Within a few minutes I received a call from someone claiming to be with Lending club. This person ask questions that you would expect if you were applying for a loan. I had already provided some private financial information before realizing it was a scam. Please be aware of this and only provide your information if you contact them. I am not sure how this person would have received my contact information however know it was well articulated, they are professional. Be aware.

Horrible lending institution, horrible customer service. Do yourself the favor and use another lending institution! The best you can do is run the opposite direction as a fast as you can! I will never conduct business with Lending Club!

I overpaid my loan and it has been impossible to get my check. Customer Service is very inefficient, I don't know how many times I have called and they always tell me that my address is not updated, I don't know how many times I have "updated" my address and months waiting for my check!!!!

I secured several loans with Lending Club, and I love the company. I am giving them a low review because of the incredibly high interest rates they are offering now. Someone needs to look at why they are now offering loans at 25-30% rates, especially to customers like me, who have a successful track record of payment. This is unacceptable. All the good you do to ensure your service is easy for your customers leaves a bad taste when you take advantage of people who have been paying month-to-month to complete their loan payments. Do you have to be that greedy of a company? Unacceptable. I thought you would be different.

This company is committing fraud. A few months ago I had an operation where I almost died twice. During this awful period Lending Club fraudulently reported 2 late fees on my account. What actually occurred is that Lending Club was taking its time to set up a hardship period due to my catastrophic medical issues. After a week they presented me with a 3 month term but they also tried to add 7000$ to my loan for the 3 month period of making half payments. I contacted them several times stating that I did not accept the terms and paid all 3 of the loans. Lending club turned around and reported 2 late payments, refusing to acknowledge that they caused any late payments by trying to tack 7000$ on to my accounts. I also paid off 2 of the loans the month of the false late fee, over a year early, yet that is not reported to my credit. These people are lying and refuse to admit the errors.

They are predatory lender who has had Major Criminal Cases and had to pay back to former clients and customers $18 Million on ongoing, they deceived me and scammed $15k. I reported them to FBI, IRS, SEC, CFPB and My Lawyers. We are going after them, they have been caught in Money Laundering, Stealing Client funds, Criminal offshore scams mainly in the Philippines and Utah and Ohio.

LendingClub often offers competitive interest rates compared to traditional banks, especially for those with credit. This can be a significant advantage for borrowers looking to save on interest. Borrowers can usually choose from a range of loan amounts and terms, which provides flexibility depending on their financial needs and repayment capabilities. Some customers find LendingClub's customer service to be responsive and helpful, especially when dealing with questions about the loan process or account management.

I made my full payment on my due date and still got charge for late fee and then they added up interest charges, and when you call they told me they received the payment late but you guys can see when was the payment was made to the account, that’s very unfair to customer because people work too hard for their money, I will never deal with you guys anymore.

I’m still waiting for loan 3 weeks later. I sent in a document via email and a whole week later, they requested the same document via their application system. They need to request more documents up front instead of requesting single documents one by one and making the process even longer.