LendingClub Reviews

I originally got a loan through Lending Club and they were Fantastic to work with. Once the first was paid off I went to them for a second loan, and I should have been wary because my experience was very different this time. The loan process took forever despite the fact that I was a previous borrower with 100% good standing and on time payments.... The application process was "less than" smooth or quick the second time.... THEN, last month when I changed the payment date (per instructions on their site) Lending Club proceeded to take a second payment out of my account that same month leaving my account overdrawn. Customer support (I use the term "support" in its broadest sense) said that they would "credit" the second payment to the following month. 2 weeks later I get an email notifying me that my payment WILL be deducted.

Actually, my experience started with another company affiliated with Lending Club. They were high pressure and applied for a loan through Lending Club without my knowledge. When all the smoke cleared, I found out about the loan and called them and asked them to cancel the loan, I didn't want it. They kept it long enough to the point where first payment was due and of course not paid, so they reported late payment to the credit bureau. They said they would remove it, but it's still on there. My excellent credit is destroyed.

I had applied online for a personal loan from Lending Club. I wasn't aware it had been approved until I was looking at my bank account on 1-5-2024 and saw a $11340 deposit from them on 1-2-2024. I no longer needed the loan and called to cancel. I was told it was outside of their time frame to get fees and interest refunded. I had to pay back $12021.25. How can I cancel a loan if I am unaware it has been approved?

I am writing to express my dissatisfaction and concern regarding my loan experience with Lending Club, specifically under loan number **. I took out a loan in May 2022 for $40,000, but the initial amount I received was only $37,600. I was informed that the $2,400 difference was an initiation fee. Since then, I have diligently made payments totaling $20,330, and I also discovered that and This brings the total amount paid to $22,730. Upon checking my balance on January 18, 2024, I was surprised to find that I still owe $33,000. It appears that out of the $20,000 in payments, only $4,600 has been applied to the principal amount. I contacted Lending Club on the same day at 1:22 PM and after being transferred three times, I spoke to an individual named Paul. Unfortunately, he refused to provide me with his employee ID number or last name, spoke over me, and failed to offer a clear explanation for the discrepancy.

I was contacted on 11/27 and 11/28. I spoke to two different people. What I was excited about, a loan, turned into a nightmare. These people contacted my bank and filed two claims. They took $2300 from my account and I was not aware of what they had done. They gave me the Instructions of what I needed to do. In the end, I returned my own money to them without knowing what they had done. Out $2300.00 I am jumping thru hoops to get these people caught. They say they are in San Diego, but that is probably not true either. If they reach out to you, it will be Roy or Paul... Beware. They are scammers.

This so called Lending Club or the Webbank is a harasser for the loan you take and when you face difficulty in payments they never help you to find a way so that you can still make the payments on a reduced monthly payments or reduced interest or increasing the payment time in months. All these are promised somewhere. They say they help people with hardship payment plans. INSTEAD THEY WILL harass you saying they are going to sell your loan to a collection agency by writing it off. When you call or email they never help you. Also they will take the origination fees from your loan in $$$ so you will lose your loan amount in the beginning and they still making lots of money BUT no help for anyone takes a loan BUT harassments. So not a good lender at all.

This company is utter trash. I had a large amount of money in a savings account and then withdrew the money for a while but pulled it out when I realized how difficult it is to get any help with my account. The website is difficult to navigate and it is a pain to do anything at all. The real kicker is this. Last year, I asked for my 1099-INT for my taxes and it was sent to me twice via Docusign. It was then sent the next day and the next day for weeks. I can't block Docusign in my email because I need it for work. It was sent by someone named Rachel **. I emailed her back directly asking her to stop. I received no response and it continued. I was eventually able to get it to stop but I don't remember how. Which brings me to today.

I got a consolidated loan from LendingClub. When I applied on the phone, it showed me that I was gonna pay a certain percentage for my loan, and then when I got all the paperwork and it was approved, and I signed it, I wasn't really happy with what I saw as far as the interest rate and how much percentage I was paying back. That was deception right there when it showed me one number before I got approved, and then when it came back and gave me my contract, that percentage was almost 7% difference. Over a three-year period, it would add about another 1,800 to my loan amount, which is what it did. I didn't think I was gonna pay almost a quarter of what I borrowed. That's called loan-sharking. They're helping people out, but do they really need to get money off of people who are already suffering out here?

My experience with Lending Club was nice and the process was easy. I love how they send a reminder a week before the payment is due. They will make sure that the funds are there. You also couldn't beat the APR for what I got. The rep who helped me was very nice. The lady called me to let me know that the loan was approved and what account it would go to. Once they paid off the card that I needed to pay off, the difference would go into my bank account. She explained everything to me.

I happened to be a customer of the bank for a few years. Eventually, I moved most of my funds out the bank due to lower interest rates. Lately, I've noticed that the bank has competitive CD interest rates and decided to open a 1yr CD. Strangely, you cannot open an additional account from your online dashboard and should apply as a new customer, regardless of your existing accounts (I have checking & savings accounts active). I set up substantial amount of money as ACH transfer from my other external account. In a few days of silence I contacted LendingClub bank to inquiry and learnt that my new account still under review. I asked the rep do not transfer my funds over weekend: each calendar day I'll lose $30+ in interest, including weekends.

We made a double payment on our account by mistake. It took me calling 4 times throughout the day to get a manager. When I finally spoke to a manager, I was denied my refund because I “authorized it”. Even though it was a mistake, it is Oct 4, the payment was not due until the 21st. So I overpaid my account and was denied my refund. It was the worst service I’ve experienced in a long time and we’ve been recurrent customers since 2016!! Absolutely absurd, I even explained I’m now negative in my account and can’t afford to pay my electric bill or buy food.

LendingClub's process was pretty quick. I got the approval within a day or two, maybe less, and they approved me of whatever I was looking at. They had the best rates, too. The funding took a couple of days but it was straightforward and simple. The debt consolidation loan I got thru them has helped me do what I was trying to do.

LendingClub was easy to deal with. I did a personal loan with them and the application process was fairly simple. I did everything online and their website was very easy to navigate. The rates were good and fair. There was an initial rate that they had provided and when everything was finalized, it went to another rate. It wasn't much difference but it was different.

The application at LendingClub was a very super easy process. They didn't make anything difficult. Everything was online. It took about 10 minutes.

The application process was pretty quick. It was all online and I did it all from my phone. Their website was pretty user-friendly. I took a little bit longer in going through the loan application or which loan interest payment that I wanted to go through. The only thing that I found questionable is that the loan that I had taken out was about a $5,000 and they said something about the amount that got deposited in my account was 4,700. I don't know where the 300 went or what it went for.

The entire process was very quick and seamless. Responses to queries were timely and responsive. Requests for needed documents was clear and even when I sent the wrong document I received an immediate response pointing out the error so as not to delay the process. The rates was clearly spelled out with no bait and switch. Would recommend them.

Service was quick and easy. Deposit of money and sent to creditors was timely as promised. Could have used a bit more money and better rate. Still happy with the end result. I would recommend Lending Club to friends and family.

The application process was fine and pretty normal. The approval process took a while. But it wasn't a terrible experience overall.

After looking at all the different options, LendingClub wound up being the best because of no fees. I took a debt consolidation. The application process was super simple. They didn't ask too much about income. They did a credit check. The credit minimum was somewhere in the 600s. It wasn't anything crazy. It was a really easy and good starter loan. Also, I was approved within 24 hours. It was really quick. I didn't have to wait at all. Working with LendingClub was good because I really needed it and it's helped ease a burden that was on me and it's really simple. I have autopay on, so I don't even have to think about it.

Finally answering their call I was told approved filled out paperwork with him on phone then at bottom of paperwork it asks for my bank username and password! Ain't no way that's normal, I hung up on him

LendingClub was able to give us the best rate in consolidating several accounts into one payment. The process was simple.

This was a very easy process! Once approved, the funds were deposited in my account within a week. Between applying and being approved was a little weird limbo, like I wasn't sure what the next step was but overall great experience. Very easy step by step process. Would defiantly recommend using LendingClub.

I’m happy with how easily you processed my home improvement loan. I’m looking forward to renovating my small kitchen. I chose this lender because I needed five years to pay off my loan and your rates are competitive. I used LightStream to help renovate my bathroom so I’m a returning customer.

A very simple and fast process. Thorough communication and information. No issues with the LendingClub documentation or requests. Time between the initial request and then the payout was less than 7 days. The rate and final information were quickly completed. Never was forced to complete and or add additional information. Much better than using an accredited banking system.

The gentleman that I spoke with was very helpful and I appreciated the level of support that I got on the front side of things. The application process was very easy and smooth. LendingClub was great to work with.

LendingClub had a lower payment than anybody else. I went online and put in how much I needed. They quoted me the price and within 24 hours, I got approved. Also, I enjoyed my interactions with their reps. They were nice people and they answered my questions. I would recommend them.

I have had 5 loans through LendingClub in the past and have paid them all on time and paid off way ahead of schedule. I had a situation come up where I needed a quick small loan in the amount of $3600. I make a great income and provided my pay stubs and 2 years of tax returns to validate. On top of this documentation they were requesting for me to fill out ANOTHER document giving them permission to receive tax transcripts from the IRS! Not only is this a big inconvenience to print, fill out form, send back etc... it is, in my opinion, WAY over the top for such a small loan and for a very good existing customer of theirs. I decided to withdraw my application and go with a lender who is MUCH easier to do business with.

I have (had) impeccable credit. I've had not one late payment, collection or unsatisfied loan on any of my credit reports. That was, until I made this mistake of entering into a loan agreement with LendingClub. Sure the application process was easy, albeit the interest rate a but high. However, it is not worth the damage that they have done to my credit through their unscrupulous reporting practices.

I needed a loan and LendingClub made it really easy. They helped a lot and it was a real wonderful experience.

The application process with LendingClub was easy but they could have communicated better with email. It was simple because everything was done online. The loan was just approved and I never talked to anybody. The interest rate is a little higher than what I thought. But still, it's not horrible.

After a second call with a much shorter wait time the issue was resolved.

I contacted customer service to double-check on one of the financial documents I needed to provide, and I was so impressed by how helpful and efficient the customer service agent I talked to was. She made sure I had everything entered correctly and answered questions I didn't even know I needed answered. I like the website and loan management as well; it's super user friendly. Plus my interest rate and APR is better than anything else I was able to find. Very happy with my choice!

Everything was done online and straightforward with their application process. It was fairly easy all the way around. I was given the loan schedule and the payment schedule. I had a good experience. If I need something again, I'd use them again.

LendingClub approved my credit and they have the lowest interest. The process took less than a week from the moment I applied to the moment I got the money on my account. It was fairly quick.

The process was easy and the distribution was quick. Was able to complete application from my Cell Phone. I would definitely recommend Lending Club to friends and family members. Lastly, I would use Lending Club again in the future. Cheers!

Everything went well. Thank you Lending Club. Progress of the loan time was acceptable and all the agents were very courteous. I may need another loan after I get this one paid off. I know 3 yrs is a few months down the road but I appreciate how everything processed out. Thank you all.

LendingClub has a better offer. Their process is very easy. You just fill out the application online, sign it and send it to them. I got my funds within 48 hours. It was fast. The loan was perfectly timed.

The application process was real quick. It was within 24 hours. Then within four days, the fund was activated and approved. Within a week to 10 days, it was paid out. It was very time-sensitive that it really made it easy and just confirmed that the LendingClub was on top of things. It was really seamless and simple.

I got a personal loan. Applying was straightforward and I was funded in 10 business days. I feel good about the terms I received.

I am as satisfied and happy with the "Personal Loan" that was granted to me by the LendingClub. It was a simple and uncomplicated process that took just a few minutes to verify and complete. The rate that I was offered was competitive and I accepted the amount and the terms almost immediately. I can highly recommend the LendingClub to anyone who wants the same experience as I had. Thank you.

Very helpful and so easy. I really liked that they paid my credit cards directly. Definitely world recommend and have! I also like the fact I didn't have to speak to anyone directly for them to try and sell me or confuse me.

DO NOT use this place, the people in this edifice are LIARS and come-on artists. Lending Club invited me MORE than once to get a loan. l finally decided to get one, their email implying I would get the loan if I DID apply. I applied for $25,000 a SMALL amount for debt consolidation. I have an income in the SIX figures. I have ONE credit card debt of $4300 and that is IT--and I paid OFF $4500 on it in ONE month. My only other Debt is a mortgage payment and LOTS of people have that. I have another credit card but that is paid OFF every month. And what does this horrible office tell me??? I have to have a co SIGNER FOR MY SMALL $25K loan. That is absolute garbage and a LIE. I can WELL afford the loan. DON'T go to this site.

Integrity poor! My account went past due (roughly $17K - not accurate) and sought out help in negotiating a settlement. But successfully there was a reached upon agreement for a lesser amount for $8K (not accurate). I made consistent payments towards the agreement on the now established amount of $8K for over a year. Then also successfully I re-financed my home and tapped into my equity. Through the mortgage dealings, my debts were implemented to pay them off. The bank (mortgage) issued checks to deal with those accounts. However through policy I guess the company couldn't acknowledge the debt settlement as that agreement was between my agency and the account. So in other words, the bank (mortgage) issued checks in the original amount of my accounts. I sent out the checks to various companies with the understanding that overpayment funds would be sent to me.

The process with LendingClub was so easy that I didn't even have to work with any of the representatives. It was seamless. Everything was done online and there were no hassles. The rate was competitive with the other rates that I got. I would recommend LendingClub.

I did the credit card consolidation and they paid off several high-interest credit cards I had. Now, I'm making one monthly payment to them. The application process was pretty simple. It was all online. I received emails about processing and I could check my status online. I had a very positive experience overall.

My loan was quick and easy to get. No paperwork, the payments came auto-pay out of my account. However, I fell into a hardship and got behind only one payment of 41.00. They have literally called my phone 5 times a day for a past payment of 41.00, even calling my job, absolutely ridiculous!!! My thing is if the person is making the payments on time every month and be a few days late, give them some time. You never know what people are going through. I can't wait to be done with this loan.

I did a debt consolidation with LendingClub and it was all online. The website was self-explanatory. I was not happy with the rate but it was the best I could find. I would consider a better APR. LendingClub seems reliable but people should still check around for the best deal on rate and terms.

The application process with LendingClub was easy and simple. It took a little less than a week. It was just from putting in everything and then hearing back, and there was a weekend in between. It was fast. The communication was easy as well and clear.

I did everything online and got everything completed in three days. It was easier than I thought. I was also very happy with the rates. I’d definitely recommend them. They tell you upfront what your cost is going to be. There are no surprises once everything’s said and done.

I got a debt consolidation loan from the LendingClub and it was a streamlined process. I did it all online and I didn't have to talk to anybody on the phone. It took around two weeks and I received my approval via email.

You guys are wonderful. The loan process was smooth. The customer service was excellent and I was able to pay off two of my creditor. I thank you for your business. I will recommend you to my friends and family.

The application process with LendingClub took me five minutes. It wasn't that complicated. I'm not a people person. So, the fact that I didn't really have to deal with anyone was good.

I was surprised how simplified and easy the entire process was. The application was easily filled out and the execution was seamless, I would highly recommend the Lending Club to anyone in need of a small loan! I would most certainly use Lending Club again!

Got approved for a loan, but have been getting an error page for the past 4 days. I call and no one has any answers. Will give it a few more days, but things are not looking very hopeful. If someone from LC is reading this: I could use some help.

Loan process was efficient and had a reasonable rate. Process was relatively quick and funds were handled properly. Only improvement would be better visibility to confirm that I entered the correct credit card numbers, as there was no way to validate once submitted, and there was a week gap until the funds actually showed up. However, they did show up per the described timelines.

I got my funding about three days after they accepted my application. It was great. But they advertised the 12% rate and it went up to 16. Other than that, I didn't have to speak with anybody other than to adjust one of the payments. In the online portal, you have to make the payment towards the principal amount if it's not a regular monthly payment and you have to make your monthly payment. The options they have in the drop down menu when you're choosing that stuff are very confusing. They helped me when I was trying to figure out what was going on and they fixed it all up for me. Also, working with them helped me consolidate a lot of my credit card bills. My credit did go up a lot and I was very happy about that.

The lending process was fairly quick and I did everything online. The initial application was pretty simple and then every day for a few days, there were questions or things that I had to fill out. There were a few different steps but overall, it was a pretty easy process to go through. I got the money within a few days and they took care of all the paying out to the credit cards that I want them to pay to.

The application process at Lending Club was straightforward. The prompts just have you place the information in the text fields and they come out with a series of rates depending on what you're looking for. It was really simple, just follow the steps online. If I ever need a personal loan or money on hand, I will be using them again.

I did a conventional loan through the internet, and the process with LendingClub was a lot easier. There was another company that didn’t have the fee at all, but their process of applying for a loan was way too lengthy. There were too many questions, and I didn't have too much time for that at the moment. If I had the time, I would have gone with them to avoid paying the fee. The process with LendingClub took a little longer than 24 hours, but they were all right, and if I had to do it all over again, I’ll give them a second chance. I have two loans and I would have to call them to find out if I could just put them together instead of having separate. Other than that, I'm satisfied so far.

It was easy with LendingClub. I went online and filled in my information, they showed the terms and the rates that were available for my credit, and I submitted whatever information they had required. It was a good experience.

I went for credit card consolidation and the terms were very fair. There was nothing making anything stressful for me. It was seamless. I was approved in a few minutes and the money showed up in my account. LendingClub paid my credit cards directly. It allowed me to log into the main platform to set up a payment date. I didn't have to enter my banking credentials so it was very secure.

Trying to find a personal loan to help me consolidate my cc debt was extremely frustrating and stress inducing. So many preapproval messages getting you excited to get out of this hole but once you start the process that 10% apr preapproval for 13k turns out to be 28% for 4500…It felt like I was just going to have to let my credit get destroyed and just ride out having maxed out cards. Then comes LendingClub. Their preapproval process was legit, the rates were what they initially stated and the whole thing from start to finish was incredibly simple. The money was sent to my cc accounts in less than a week.

LendingClub got me out of a jam. What I did for me helped me. It was easy, fast, and simple. I did it through the website and I called. Go ahead and do it, if you need to and you're responsible enough to make payments on time. Because you're getting out of a jam to pay another one, but it's not as frustrating. I'm paying 10 cards a month. My daughter was a little higher because of her credit limit. I should have done a higher limit and got rid of the last four cards that I have.

It was easy to apply for the loan and they had a pretty good rate. I did it all online. It was super simple. Their website was easy to navigate. I got exactly what I needed to get to. I got a whole bunch of questions, and it got me right to where I wanted to be. Everything's been perfect.

The application process was easy.

Everything was online so it was fast with Lending Club. Nothing was complicated. It took a couple of days and it was done.

The loan method and amount are not correct! I chose a credit card debt consolidation loan, and the loan fee of $1,000 should be waived, and the loan interest given to me is also wrong! Hope to adjust as soon as possible! Thank you!

I was hesitant to apply, but I'm happy that I did. The process was easy, I reached out to customer service. Was reassured the answer to my question, that's when I made my decision to apply. The process was quick, no problems at alI. I wish I'd done it sooner.

I actually put all my information into Credible to get loan rates and the best rate for me was Lending Club. They offered to pay my credit cards directly, that was a huge relief! So far the website is easy to use, payments are easy to set up, it’s all very user friendly. Highly recommend Lending Club for all your loan needs!

There were too many documents which were forwarded several times until accepted. Along with several phone calls to customer service reps who gave me different instructions than what the online process was telling me to do. All in All, "one hand did not know what the other was doing."

I've used The LendingClub once before, and they were great, quick and were able to help me. Once again they came through for me and helped me consolidate a few credit cards. My hat goes off to the Lending Club.

LendingClub approved me and their interest rate and everything else worked way better for me. The application process was simple and easy. It took me more than 5 to 10 minutes, just because I had to look for some information. Everything was done online and the LendingClub website was easy to use. They didn't give me an issue and they didn't have me restart anything. I filled out the application and in a couple of seconds, I was approved. That worked out pretty well. The rates I got worked for me as well and it wasn't too high. This is my first time doing a personal loan and I had a good experience. LendingClub helped me, even though I didn't think I would be approved.

I delivered all the documentation and all that was required and then they ask me all these questions about old zip codes and addresses and things I haven't thought about in years. Then they remove my application. Who does that? What Kind of ridiculous bank is this? Certainly not one I will use again.

We were placed on a hardship program due having COVID twice and my husband has been home due to a head injury he got from his job. Made our payments like we were supposed to even before being placed on the hardship we made our payments on time paid more than we were supposed to. The last week of November our bank card got cloned. The person who cloned it took money out of account from shopping at several stores. We contacted LendingClub and talked with someone in their chat feature (both husband and I were sick with the flu and really had no voice so we used this feature to talk to someone).

I request the personal loan and then the agent did the application and said, "You are approved," then send me all the doc to sign. 1 week nothing hear from them. I called then they said still they are doing application. All these lie. They just collect information. Be careful.

I have a checking account with Lending Club, I transferred money from another bank as I had lost my debit card from that bank, they flagged it as suspicious, the only other time I had that happen with a different bank I sent in proof to the bank, took all of 20 minutes, and all was corrected, not with lending club, I sent them proof that the money had left my account, it was all the money I had, you can’t talk to the fraud dept, as they don’t have a phone number, customer service refuse to help you, they won’t email me back, I left a negative review on their Facebook page, they deleted my reviews and turned off comments, it has been a week, no communication, I have no money for food for my child, had to call out sick to work as I have no gas money,

Been a customer for years and hit hard times. I have called multiple times and no one will HELP me. They will not offer a hardship option and help me at all with lowering my payment. All I wanted was for them to assist me.

I was recently looking at rates for personal loans and unknowingly signed myself up for a loan with your company. How did I know? Was I contacted to sign something? Emailed? No; I received cash in my checking account. When I called Lending Club to tell them there must have been some mistake, they said "No mistake, congratulations, we approved your $20k loan!" No, I didn't want a loan, I was just looking. I asked if I could just return the money. Sure, they said. I had 30 days and wouldn't have any fees. Great, a relief I thought. But that wasn't the case.

Lending Club scam remote workers misrepresented Loan approved facts. Funds reversed from account, deposit & withdrawn multiple times, causing account posting high negative balance. Do not use cash app, etc. apps to make and withdraw fictitious cash deposits, on directions of remote scam workers representing Lending Club. Shame on Lending Club "remote" scam representatives, leaving personal account with negative balance.

I applied for this loan to do some debt consolidation at a good rate and to get the last of some credit card debts on a lower interest loan to get it finished off. Well it was a good rate, the application went quick and I was thinking this is easy. Unfortunately, the application process is flawed and the staff is under trained or doesn't care. All the 24 hour processing times are a joke. I submitted a 4506-C form since I'm self employed and they give directions during the application process to submit it by printing it out and filling it out and scanning and uploading.

I was applying for a joint loan. The other person on my loan was never contacted about the loan or asked for any verification of pay information etc. I did not complete the loan information I did not send in proof of income etc. I began the loan process but did not finish it. One day later after applying, it indicates that I was turned down for the loan because of a number of adverse factors and none were listed. How can I be turned down for a loan when I didn’t finish the application my joint applicant was never contacted? As added information, I have no adverse information on my credit report, never late for a payment on anything. I have to wonder about the legitimacy of this organization. Contacting this organization is a joke; good luck finding someone.

I applied for a loan on 7/26/2022 and the funds were deposited on 7/27/2022 into my Saving account as directed by me. I called on 7/26/2022 to cancel my loan since my plans changed and I did not need the loan. They told me not to touch the money and that they would cancel the loan and pull the money back from my account.

After returning from abroad I reported fraud/Identity theft to the fraud dept at LendingClub on the 5th of July 2022 and spoke with Dillion. He gave me a email to send in police/FTC report and additional info. On the 21st of July I received a one paragraph letter dated the 7/5, stating funds were deposited into acct ** and you benefited and nothing else. I’ve been researching this co., and their loan practices, and found from conception to date LendingClub uses a third party and algorithm to determine the validity of a potential customers identify and doc upload.

I ALWAYS pay more than the amount due, often early and NEVER late. When I noticed that my amount due had changed, I was informed that my account was listed as in hardship. Their error with my credit!

Origination fees and a bit higher interest rates are not ideal... However, as a disabled veteran on a fixed income who has been trying to fix their credit, in part, resulting from several years worth of bad financial advice and a failed legal/advocacy system - LendingClub has been a godsend. They give folks who are reasonable with their money a chance to recover and get ahead when other institutions wouldn't - over trivial things that negatively impacted their credit score years ago, when it necessarily shouldn't have. The process is transparent, simple, and quick. So much so, I had to call to make sure I was approved because it seemed too good to be true, and too easy.

Lending Club approved a loan for a dental procedure. The dentist office overstated the amount that would be authorized by insurance, Lending Club paid it in full before the work was done. Upon receipt of the EOB from Insurance that clearly shows the amount was considerably less I file a dispute within days of when the payment was made. It's been 9 months now and they still have not provide help to resolve the dispute despite me contacting them monthly asking for help.

For the last at least a month, I’ve been trying to help my dad refinance his car. And they kept spelling our last name wrong adding the N as ** . Come to find out, that’s how his original title had it spelled. Just this last week, we got the corrected title and sent it to them, and the last two times he gets an email stating that his paperwork is ready to sign and finalize his loan, the name is still spelled incorrectly. And we made sure this time the title was actually spelled correct.

They take their sweet time paying off your original loan by mailing the pay off check regular postal service instead of using an overnight service., then you end up paying 2 or 3 car notes to your original finance company, and then turn right back around and have to pay the new lender. I work for a refinance company (RateGenius) and we use UPS overnight to send payoff checks so that we can track the payment. They quote me more money. The overall experience has been a nightmare. You call and get the run around as to who you have to talk to.

Spent way too much time gathering forms and filling out papers for them after being "approved" for a loan. After finally getting everything done they said they don't have a product that matches what we are looking for. What!? Why in the world would you require so much information from someone when you don't have a product that will work for them. Absolutely ridiculous.

Applied for a business checking account with Lending Club based on online reviews and suggestions. Opened the application process which was full of glitches and broken links no matter which of the 4 browsers I used. Several days later was asked to finalize the application with an email with another broken link. Obtaining further guidance with the help of customer support, they indicated to me that the application was declined due to missing information, however would not tell what information they were missing. They then informed me that I could not reapply for 6 months. Sounds as though their poor online support and inadequate programming/website design is costing them a lot of business. Would not recommend to anyone looking into small business checking accounts. They are an incapable company to meet your business needs.

I got a loan with Lending Club about 6 months before the pandemic. I was paying payments on-time without any issues. Because of the pandemic, I was furloughed and then laid off. I decided to do the 2 month deferral. My payments are 486.16 monthly. When I started back with my payments, my next payment of $486.16 went completely to interest and the next payment after that an additional $100 went towards interest. In addition to that they added on 2 additional payments which will include interest and principal, so I am told.

I just spoke with a lady from Lending Club who had an attitude, I'm currently going through a job transition and wanted to look into deferring my payment for either a month or two... I tried to explore my options by calling them and they didn't want to hear it, so NOW I'm going to go into a debt consolidation since they didn't want to help me out over one month. BEWARE: when you need to defer, they do not give you the option to stop auto pay, this company is NOT for the people, they don't listen, all they care about is MONEY, NOT CUSTOMERS. To be clear, I pay $480 for a 62 month term, I only have 22 more payments left and never asked for help (other than COVID) but I've proven myself that I am fully capable of making these payments monthly, but the one time I needed to explore my options they weren't trying to hear it.

Their COVID19 "hardship" program DESTROYED us financially. While they SAID payments were deferred they FAILED to mention that NO PAYMENTS would be applied to PRINCIPAL for OVER NINE payments. Our monthly payment is $700 p/month & I just found out that NINE payments and NONE was applied. We owe MORE than the loan amount. I just made a 10th payment today and AFTER I made it and questioned the principal I was told this $700 would NOT be applied to principal either! I asked them to restructure the loan. I was told the only way would be to apply for another loan with them for the amount we owe -- I did (like I have done in the past with no issues) and they denied my loan.

LendingClub was easy to work with in terms of getting a loan but when my bank issued an overpayment to pay off the loan as part of a refinance, I have gotten nothing but lies and the runaround in getting the 1500.00+ owed to me as a refund. To date, I still have received no refund for overpayment in spite of providing proof that no refund was issued. I do not trust them and neither should you.

I invested $5000 3 years ago with Lending club. They promised a high return, about 6% average. However, what they don't tell you is that when you count the defaults, you end up making no money. I'm near the end of the term and have not put any money back in and I've made maybe $150. What a joke! I could have made more money putting it in a high yield checking account! Would never invest money with them again.

Fast service, easy application process, pleasant American, English speaking customer service! I’ve had two loans and look forward to doing business with these folks again. With their help I have increased my credit score considerably... thanks LendingClub.

As long as you don't need to communicate with a person (phone or email) this company seems fine. The communication is rude and resistant to answering questions. They cannot answer questions about their program showing inaccurate information. If you have a hardship they will not talk about options unless you tell them your entire story only to be judged and receive their nasty attitude. I do not recommend working with this company.

Unfortunately most of your loan companies are not the best option as bank would be but the ones who PROVIDE DETAILED INFORMATION AND SEEM BE REALISTIC WITH QUALIFICATIONS. SO I'D SAY WORTH CONSIDERING however Interest rates can be high.

I opened a loan with them just before the Covid pandemic began. I was employed and had the salary to be able to pay the loan. The loan term was 3 years with a high interest rate. I lost my job and told them I would be glad to renegotiate the loan and extend the terms to 4 years with a lower rate and they said no. So they won't get paid anything. I was willing to extend the loan and more likely, make them more money than they would have made on the original loan by extending the terms of the loan a year for a smaller payment. They would not even entertain the notion. So, starting at the end of December, they won't get paid anything more from me and they'll write off the whole loan rather than re-negotiating something which probably be more favorable to them. If they're refusing to even entertain the option to assist during this time, then I refuse to continue to pay during this time. I'll take the charge-off. It didn't have to be this way.

My late husband took out a loan with them shortly before his sudden death. I was not a party to the loan, but when I contacted them they said my name was on the loan. Myself and my attorney have been trying to get them to send me proof that I was on the loan. They have not provided proof yet and it has been 18 months. They have ruined my credit so I cannot refinance my house or do anything. I am very upset???? with them. This is no way for a business to do business. If they had proof that I was a party to the loan I would think that I would have gotten a response from them. But nothing, instead I think they sold the loan to another company under my name. They stopped (the new company) bothering me after I told them what happened. I have called and called with no luck, no proof. How hard could it be to find?

I have borrowed from this lender twice and each time, it has been picture perfect. While no one wants to borrow to pay off debts, the fact that this company was willing to give me a chance proved to me that despite the hardship, they supported me even during this Pandemic. Of course the trick is not to get into debt, but when illness, job loss and decrease in salaries and IRS taxes for both middle and lower class people impacts, decisions have to be made in order to survive.

Wow, talk about very high rates. I have a score of 760 and the rates given to me were completely way too high. This is not a place where you can go with good credit and get great rates and fast funding. Also, they nail ya with TONS of emails from EVERYONE. So if you have to go down the rabbit hole, create a separate email only for this stuff. Me, I will never ever do it again.

I have used Lending Club to fund/pay down medical bills twice. I have found that their process to apply very easy to understand, apply & get funded, approved. Their customer service is top notch, funds are directly deposited into your account, I find the whole process seamless & in my experience. I would highly recommend Lending Club.

I received an offer from the LendingClub to refinance my car at a competitive rate. I filled out the application and received a determination. At no point did any of the paperwork mention that the loan would be actually be serviced by another company altogether, and the Truth in Lending didn't specify it either. It also stated I would have 60 days to make my first payment. After signing the loan docs, the next thing that happens is I receive paperwork from my actual loan company, First Services. Their paperwork doesn't mention anything about the 60 day grace period, and when I call them on it, they said they won't honor it. I had to go back and forth between Lending Club and First Services, each blaming each other. I finally got Lending Club to send the Truth in Lending over to their client, and then (and only then) they honored it.

I have had two loans through this company and was completely satisfied with both of my loans UNTIL we needed some help during the unforeseen pandemic that lead to income issues. They charged me $3500.00 for two months of deferments. This company is taking advantage and profiting during unforeseen difficult times that their clients are facing! Absolutely a disgrace!

The loan process was easy, but it took a while to get an answer. I'm rebuilding my credit so I needed a loan. This one was a good one. Only drawback was the loan fee was a little high, but otherwise I would recommend.

I was wary of getting a personal loan, I suspected there would be hidden fees or a hidden "extra" interest rate. As an attorney, I read the fine print carefully and found that the actual APR was fully disclosed and in my case fairly reasonable (6.9% with 3% of that being pre-paid) for my credit score for an unsecured loan. Other companies were quoting up to 19%. No way I would ever take such a loan. I also liked that the loan rate was not all prepaid (although 3% was) as I needed the loan only short-term (less than one year), so I paid it off very early, and ended up paying far less than if I had paid it back over the full term. The 3% of the APR which amounted to prepaid interest, for me was worth it at the time I needed the funds.

I was in need of some money, and the Lending Club came to my rescue! Though I didn't get approved for the amount I initially applied for, I DID qualify for enough to get me through a difficult time... Application was simple, quick, and thorough, and I received the Loan quicker than expected! THEN, when I got a "Windfall", I was able to payoff my Loan early. They even sent me a check for the unpaid/unearned interest!!

I once had a personal loan with this company, and it was a horrible ordeal. The process was tedious and time consuming. Once I finally got the loan and began to repay, it got even worse. The customer service was anything but service. The representatives were not very cooperative and were somewhat combative. I will never do business with them again under any circumstances.

Application process for the loan was quick and simple, my experience with customer service was friendly all my questions were answered. There was not a long wait to speak with someone. Repaying the loan is convenient as they pull directly from my checking account. Plus I'm usually advised before payment comes out. Taking this loan really helped me in the time I needed it most.

Easy and quick to file an application with them. I was approved within minutes. Their member's only website is easy to use including setting up autopay. They were the only ones that accepted me after a few attempts at consolidating my credit card debt.

They do not allow you to include your spouse and their income as part of the process. If you are having issues with credit score they will help you but you have to get your score way up and quickly if you want to continue doing business with them. Really nice customer service.

I am in the process of looking for financial help and from what I have seen so far about this company they look quite trustworthy. I am looking for a personal loan to get some things taken care of and they offer a lot of different options which I am checking into for my needs.

Customer Service needs improvement. Too many robotic phone options required before getting to a live representative. Not willing to lower interest if your credit score improved and loan has no late payments and records shows paying more than minimum monthly payment.

I am happy with LendingClub because it was the only company that really helped me when I needed it. They offered me good interest rate and I could pay off credit cards that were killing my credit score and my financial situation. Thank you LendingClub.

When covid hit my job was put on hold. I called this company to defer my payments twice & was even ok'd but yet they still didn't defer it. They overcharged me interest as well bc my credit score wasn't that bad. Then I offered to pay it off if they'd negotiate the APR. No deal. How is it I've been paying on a loan since Dec and it's only paid down 500.00?? That's asinine! These people overcharged me interest. Told me they'd defer my payments. Lied to me when they said it was deferred and then wouldn't even negotiate for an early pay off. I DO NOT recommend this company simply because they're a loan company to try to help people but yet they're only helping themselves. My credit score was not bad enough to warrant that high of interest. In fact I took another loan out to get rid of this one and the interest I'm paying is over half of what they were charging me. Terrible company!

When I originally considered applying for a loan I was skeptical after seeing other companies and their rates. I was surprised when it came to this site. I found that one lender that fit my criteria and was able achieve a loan that fit my terms.

I thought the whole process was about average. Hopefully they will offer more repayment options. I think a better grace period would be better. The customer service was good as well. And like I said the overall process was great.

Simply put - - Doing business with The Lending Club was a Pleasure!!! From start to finish, Application to Money in the Bank, was Smooth as glass!!!

I mailed a cashiers check to pay off my loan and they received it on August 31st, 2020 at 9:30 am. I am still waiting on for the over-payment due back to me and keep getting the run around. It should not take 2 weeks to get your money back. I have made several calls still no refund. This is horrible business practice. I will never do business with them again.

WORST CUSTOMER SERVICE. I called to cancel my loan application and was advised that it was cancelled. A week later, the funds were in my account. I called again and was told there weren't any notes on my account and the call would be reviewed. I was told to call back a week later. I did so and was put on hold 3 times and hung up on 3 times. On the 4th attempt, I was transferred to someone who said they would escalate the issue and review the call. I was told this was done 3 weeks ago. I never agreed to this loan that is on my credit report and would very much like to return the money.

Lending Club is HORRIBLE. At the beginning of 2020 I stopped allowing them automatic withdrawals from my bank. I called them and made a deal to pay things off on my fourth loan with them. I'd never had a problem. I was told it was all set up and the new withdrawals would be made and I gave them permission. It's been a dog's breakfast ever since. They have satellite operators who usually don't know what the hell anyone else has done. In the last loan I have with them, I have set things up FIVE TIMES with different operators and been told everything is good. But for a couple of months I thought things were being taken out and forget about it. They didn't.

I’ve applied and they ask same docs needed if you’re applying for a mortgage. After verifying 2 years of tax return, 2 past pay stubs and checking account. They said they could not verify employment verification through my HR phone number. After about 3 weeks I gave up and cancelled my application. I’ve gotten loans with other companies with much faster process and lower rates. I highly recommend to stay away from this company.

My experience with this company has been an absolute nightmare. They took my money, then claimed they could not verify me. They locked me out of my account for 2 weeks. I submitted all of the documents requested and still they revoked access to my own money. I requested them to refund my money back to the original source. They have not done so. They are ignoring repeated emails and phone calls. They have stolen my money. Beware.

If I could give negative stars I would. Where do I start? I signed up with this company thinking it would help but it didn't. When I filled out the application the phone calls started to roll, cool in which I'm thinking. When I spoke to the individual I asked before I took the loan if I could split the payments up, and was told yes, as long as it's paid before the due date. So I accepted because I had all of my finances lined up the way I wanted them. This was the whole reason why I signed up to get a hold of finances. When it was time to make the first payment I wasn't to break it up like I was told and I had to pay the whole amount.

I have a much higher Fico now than when I took the loans out. Tried to consolidate them one at 14.87% and one at 12%. They refused me due to high credit on my credit cards which is 20% and I already have 2 loans. I am trying to combine them. The customer service rep was out of country and didn't understand.

I took out a loan through LendingClub to launch a business in 2018; the interest rate was quite high considering my credit, but I agreed to it, and they were upfront about everything. Once I attempted to pay my loan off, however, I was met with total incompetence and a complete lack of responsiveness. I decided to aggressively pay off the loan in its entirety a couple of months ago, and I made a large payment in late June a couple of days BEFORE my official pay date to pay off the loan.

I have had 4 loans with these guys in the past and they were all paid on time and paid off. The other day I applied for another loan with them and was turned down. 785 credit score with 2% debt ratio with no collections or late/missing payments on my report. What gives?

I tried to set up an investor account but they already had my e-mail on file from when I explored rates on personal loans a few years ago. They designed the system so that you have to have separate investor and borrowing accounts so I cannot create an investor account. My e-mail is locked into a borrower account. You would think that perhaps you could close the borrowing account or change the e-mail to free it up for an investor account, but unless you have a loan you cannot control anything on the borrowing account. It just forces you to apply for a loan.

I opened an account with LendingClub in April 2020. The application process was easy and interest rate was fair, so establishing the loan went well. Since the onset, I have made payment thru my bank billpayer and have no issues with payments arriving on the guaranteed date that billpayer provides (I make 20+ other payments to creditors per month and have never had an issue with payments arriving late). I have now made 4 payments to LendingClub and have always submitted them with a guaranteed receipt date prior to the due date on my loan and in EVERY case LendingClub has posted these payments 2 to 3 days late and charged me interest for those days.

I have attempted to obtain a loan multiple times through Lending Club. My credit score is around 710. No collections, charge-offs, 1 late payment to Kohls (30 days--I missed one minimum payment because I thought charge would be on the next months bill). I have been approved but the "low rates" they advertise are not factual. The APR on the loan offered was OVER 25%!!! I feel they are very dishonest to keep advertising themselves as a low rate option.

I have had 2 previous loans with Lending Club. Payments were always made on time and I paid both loans off early. I recently applied for a loan and was told several times that I had been approved. I would check every couple of days for an update and all they would tell me was that it was in process. This was told to me at least three times so I waited and was planning what I was going to pay off with this loan. Then after waiting for about a week and 1/2, I received an email that I was not getting the loan for some bogus reason. I feel that this was very shady and I should have never been told that I was approved and then told that I was not. This is a very unfair way to treat a long time customer.

I had a loan through Lending Club, I scheduled an early pay off and they took the pay off plus an additional payment. They tried to make it look like my fault, I still haven't received my refund 5 days.

BEWARE!! Took out a loan Sept 2018. I am in great standing on my end. I receive an error when I try to log in. No access for 5 weeks and no one will help me. They will not provide me paper statements.

Origination fees are misguided on amount if paid off early... Suppose to pay back in 10 days. It's been much longer. Still no refund... Three customer service reps all tell different stories... This place is trash.

I called to have my payments deferred due to my job being affected by Covid-19. The only option was to defer for 2 months but interest would still be tacked on during the two months. I called to inquire about this situation and the person I spoke with told me they aren’t a financial advisor so they really shouldn’t be explaining this to me but if I pay off my loan on the original promise date I wouldn’t end up having to pay any additional interest.

I have been making loans on Lending Club for about two years now. I don't understand the logic behind this. Lending Club charges the borrower a fairly large "origination fee" and that fee goes only to the Company. So then I as the investor am given the right to take on $25 or $50 of that loan and at some point if enough "investors" sign up for this then the loan is finalized and the borrower (hopefully) starts making payments. Then as the payments come in, the Club takes a percentage of the payment in addition to the fee they already charged the borrower. Fairly often the borrower defaults.

I just explained to the operator that I've been hospitalized since the beginning of March with two viruses the doctors were trying to get to the bottom of. I was even intubated in ICU for 4 days, with the doctors themselves giving me a 50/50 shot at survival. I called Lending Club and explain that I don't even know when I'm going to be discharged and I need to sit down with all my bills when I get home. The operator offered a 15-day grace period. Isn't that generous? I still have tubes coming out my arms and unable to use the bathroom on my own, but they'll give me a 15-day grace period. Given what's going on in the world at the moment, I expected a little more compassion and humanity. Apparently that is not the Lending Club brand. Shocking and disgusting.

Getting approved was a nightmare. Took a lot of time. They needed everything under the sun. When they would get it, they needed more of the same thing. It took longer than usual from other lenders, to get anything done. It even takes a while to get the money. There is even a big fee (for what,) I have no idea, to even get the money. It comes out of the loan. If it was up to me, I would not have done this loan. My wife was the one who followed in with it. She didn't tell me any of the fees until after the fact. 750.00 just to get a loan, then, the big APR, and the interest rate was very high. Seems to me like sharks in the water.

I was impressed with Lending Club when I first took out a personal loan even though their rate was a bit higher than a local bank. It was easy to apply, easy funding and easy to change payment due date. Their online services became frustrating. Instead of helpful information it is full of marketing nonsense. Every other financial institution I do business with can provide an e-statement. To get a statement you have to call, wait 15 minutes on hold while hearing an annoying person tell you to go online for faster service, then you’ll have to explain why you need a statement. The representative told me it wasn’t necessary because the email reminders if you're late...

Decided to take the loan they offered by mail in order to build up my credit score. Was a bit suspicious, offer looked too good to be true. Suspicions confirmed. Interest calculated daily. No details statements provided to explain interest calculation. Online data hidden from view, customer must click around to find incomplete "payment history." Have made several very large "extra payments" to pay down balance.

I have received numerous loan offers from this company. I have e-mailed them and contacted them via USPS asking them to stop sending offers to me. They continue to do so. I have contacted the three main credit bureaus requesting that this company stop send me pre-screened offers. They continue to do so. They are also sending offers to a non existent person at my address. These people do not listen. I have advised them again, that if I continue to receive offers, I will file a lawsuit against them.

I got one loan for my business 3 years ago with them, my credit score was in 687 and I got a loan easy, now I get a new loan with my fico in 758 and easy too, so apply, very high recommend. Was in account in 4 business days.

The ease in which filling forms online were extremely fast and easy. And with a brief follow up phone call to verify information, I was provided my loan within a very short time after. Doing business with LendingClub has been a pleasure!

This is my 3rd loan with Lending Club and have never had an issue. They are great to work with and easy to apply. Money comes in about 3 days and they automatically take the payment out of my bank so I don't have to do a thing.

While Lending Club may have started off as an option to diversify investments it has truly fallen short in the long run. The desire to give out more loans have led to multiple failures in underwriting as evident in their discontinued rating system of E, F, G likely due to too many defaults. I personally have been investing with LC for 3+ years and have had about 20% default and it does not seem to be consistent across tiers. I have had just as many A & B loans default as I have had D's. There may be some decent but low % returns for institutional investors but even those are likely shrinking. Peer to peer lending isn't as advertised until there is better quality control on applicants and better retrieval of defaulted funds.

In late April 2019, I took a personal loan from LendingClub and was first believed that it would be cheaper for me to pay off the loan versus a high interest credit card. Well the loan I received was for $7200, although I only received $6768, which they took $432 in "origination fees". With interest each month accruing at 16.06% APR. My first payment being due 5/24/19 and due on the 24th of each month, I faithfully and fully made my monthly payments which was automatically deducted from my account, as well as sent in additional funds most months to pay it down faster as additional funds paid before the account is automatically debited are always applied to the principal ONLY.

I have been a retail investor on the platform for over 5 years. At first, Lending Club was a very good company. I had (and still have) a substantial amount of money invested. However, late last year they announced on the website that several states (mine included) no longer can participate in the primary market. That rendered my substantial investment basically useless at that point.

Very easy to apply and get approved. The only negative thing is that I already had a loan with them for a year and a half and never missed a payment. My credit information shows I haven't been late on any payments for over 5 years yet they charge a very high rate of interest like 30% on their loan. I could understand this with someone with bad credit but there should be a break for people with good credit. Plus on a $17000 loan I only got $15980 deposited into my account. So if you want a easy loan here it is but be ready to pay high interest rates.

In this age of technology, we enjoy the ability to access our revolving credit balances, account #’s, along with the ability to do it all on our mobile phones. So when I applied for a personal loan, I was able to know what amount was needed to pay down all. Amazingly, so did LendingClub! So it was easy! The majority of the funds pay down creditors and the residual amount of funds leftover went directly into my account. I have enough to pay down in full 2 more creditors that we’re missed - yay! Savings equal the monthly amount needed to pay LendingClub monthly because my interest rate is very low! In essence, I’m saving over $300 per month. I’m well pleased!

YOUR COMPLAINT. Below is a timeline of events: On 11/18/2019 I rescheduled a payment of $635.41 with The Lending Club and asked for it to be dated for 1/6/2020 because I was going to pay the loan off early. On 11/25/2019 the payment was debited from my account without permission, which resulted in me not seeing my children for the Thanksgiving Holiday and incurring cost for hotel and rental car cancellations. I contacted Lending Club on the same day and made them aware of this issue, and spoke with a Supervisor named Ashley ** and she stated that she would put in a Service Request to have the funds returned.

Lending club does not allow you to make a payment early by any means. That means you can't pay when you have the money available, and you can't move the money into a different account as you can only have 1 account on file. They use this to increase the odds that your account won't have the funds available on the day they charge it, as you can't plan around your own pay cycles. This is a blatant attempt to make extra money on fees. Should be an illegal business practice. Even if you call them on the phone you can't make a payment early.

So i applied person loan by paying 400rs which is not refundable, got call from executive name Shalini Shivaji Gondal who not well trained, so my residence is owned and its under my grandmothers name and she is no more, same way even my dad is no more, in the case from where i show relationship proof, for this lady executive is asking death certificate of my dad does death certificate will have my grandmothers name got laugh uhh same here??? is that required i don't no, more over i have address proof of same in adhar, bank statement, voter id, internet bill etc.. so what else needed more than this to provide a loan??? finally i came to know this a fake company which fools customer to pay they processing fee and looting customers...

Lending Club found a better rate, for my personal loan, than my credit union did. After I answered all their questions, it only took less than a couple of hours before they responded with an approval. The whole process was easy, professional, and quick.

I called to make an early payoff and they stated that they are not capable of making same day payments. This was on a payday Fri for me and the claim that they will take the money out on the next business day AND charge me interest until the payment is gathered. They do not have any information that says that early payments must be made a day in advance. Why would I call and tell them to take money out a day in advance if the money is not in my account. That is called fraud. Why are they charging me to for a problem that is not mine. They will not waive the extra fees. I am ready to pay off my account. Do not penalize me because your system will take extra days. I put in a complaint, but they were not able to send me a copy of my complaint, so I don't know if a complaint went in. I am looking for another number to complain to, but found this. I will never use them again, and I will not recommend them to anyone.

I am amazed with the quick easy process that Lending Club offers. They offer a checklist of everything they need for the application process. Then you submit the application. Offers are provided with repayment date options. You can set auto payment option, after you log in to your bank. The turnaround time to get a response was quick. I would recommend to friends and family. Another company took weeks to respond, but Lending Club nailed it.

I advise anyone that before they get a loan out with Lending Club to make sure that they want this loan. I made a mistake of getting a loan and tried to pay it off immediately. However I was charged an "origination fee" which was quite big for a mistake. Yes, they delivered the funds fast and I guess they need to make money somehow since it's a business. Cannot cry over "spilled milk" but they will NOT refund this origination fee even if you try to explain to them that it was mistake.

Their rates were one of the best that I found. The documentation was emailed to me in a timely manner and very detailed and easy to read. I received the funds quick to my account and the funds to my creditors are en route.

I have a loan through Lending Club, never kissed a payment, and needed some money to get my truck fixed. Did the pre-approval and was “approved” and given my interest rate. I was instructed to send in my 1040’s, 1099’s etc. I informed them that I make much more money this year than I did the last year, and was told to email 3 months of bank statements. They never looked at the bank statements, said they could not confirm my income and that I stated I make more than I do. I, in fact, understated my income. According to Lending Club, I don’t make enough to pay the loan. What a joke.

I decided to apply online and the process was so fast and easy. I provided my personal information including my email address and income. I requested an amount that I wanted to borrow and chose the terms. Everything was done in a flash, as I was pre-approved in seconds. I submitted a couple documents that they requested for verification, and they told me to watch out for an email. I received it in a couple days as stated with my approval for the loan. The terms are very clear. The money was deposited into my account the very next day. I would definitely recommend them to my family and friends.

Very easy. Just tell them how much and then they show offers and rates. You pick the loan amount and payment. Just that easy. They'll match you up with all offers. You pick the one that's best for you. In a couple of days you'll have the money in your account.

I applied for my loan to save on Credit Card debt. I submitted my application on a Friday and I had funds deposited to my account by Tuesday morning. My rate I received was the lowest I was quoted by other lenders, The monthly payment will allow me to have more money in my pocket each month. I am glad gave Lending Club a try.

It started off good, I used them for maybe 5 years, they dont seem to care about how good you pay on time, or pay off early, they just keep asking for more papers. It seems they know how much I can afford to pay better than I do, Sad the way they are going, I will never recommend to anyone.

The reason I am giving them this review. That They give your money to Bad credit lenders so the possibility that this loans get defaulted is quite high. They do not do any efforts to examine the lenders, and when you get partial of your money from a recovered defaulted loan, they still takes fees. Also, their TAX Forms are confusing, it shows that your pay out as a profit which is not. Your pay out -if you want to take your money out- has a portion profits but the majority is your own money. So they should not report all the pay out as a profit. So you pay taxes for your own money.

My credit was stolen for a loan and this unprofessional company refused to help. I’ve called and when I asked to speak with a manager that could possibly help, I was hung up on. The second time I called I was placed on hold was never re-answered. I was lied to by the CSR and as told that the inquiry into my credit was a “soft pull” as they like to say in the credit business...however a soft pull doesn’t affect you score or even show up in a credit report. This “hard pull” that they did showed up.

Found this link in my email and I was very glad I did, they made the loan application very fast and easy and lowered my interest rate 14 points. Now all my credit cards will be paid off in 3 years instead of 10.

I am giving this 2 stars not 1 because the returns are better than a MMF. However they are far lower than Lending Club Advertises and they way underestimate the default even on the higher grade loans so investor beware. My returns with a mixed basket of Grade A-D loans is about 3.3%. They say it "should be" about 6%. And this is 2 year into the process. The positive review are mostly from borrowers and I believe that's because they make it too easy to get a loan because the default rates are just way too high. So not horrible other than the misrepresentation of what return you should expect so investor be aware and go in with open eyes.

Let me save you weeks of hassle and paperwork. LendingClub is terrible. For them to be a peer to peer type of alternating financing they request more docs than a traditional bank but have much higher rates. I am not sure how W2 employee works but if you are self employed run for your life. Here is what they requested from me. Last 2 years personal tax returns, last 2 years business tax returns, 4506-t to pull your tax transcripts, 6 MONTHS of bank statements, all 1099's for the past 2 years, even though they have 2 years taxes and 4506-t to pull any 1099s, they still want you to send them all 1099s for the past 2 years or will not even review your account, driver license, utility bill and the process will take around 2-3 weeks.

They do a soft inquiry and lead you all the way up to believing you were pre approved for the loan, it's just a matter of processing. Next thing you know, you denied the loan for credit inquiries. WELL, why didn't you tell me this before you put ANOTHER hard inquiry on my credit. ABSOLUTE BS.

Please pay any money you owe to Lending Club because they will seek ligation on you like they are doing me for 2700 dollars because they were sue & settle for misinforming consumers in certain demographics for hidden fees. They prey on the weak and will go after you at any cost.

I set up an automatic payment schedule to send in loan payments every two weeks according to my pay schedule. This way I would always be ahead of my due date AND I would be reducing the interest faster over the life of the loan. Lending Club misapplied several payments and tried to insist I was late (even though I actually paid ahead of schedule) and it took them almost an hour to figure out their mistake and they still refused to credit my payments towards my next due date so I had to make EXTRA payments to stay “on time” even though I had already made my payments early.

I would just like to say how much I appreciate Lending Club and the Investors for helping me out to get out of debt in such short period of time. Sometime life hits you harder than you can expect especially when not prepared, when seemed there was no way out, the light shined upon me. Thank you again as I know these days it's hard to believe anyone (even with decent credit score) as far as borrowing money goes! The process for approval was very fast. Keep in mind if you're trying to pay off credit cards it might take a bit longer but it will happen. Be patient. I'm very thankful.

I do not recommend Lending Club to anyone. They will charge you up to 36% and the interest is all front-loaded. Even if you pay it off early, you will pay all the money back plus a huge sum of Interest. They make you think there is no prepayment penalty but that is not true. You will pay back the full amount and then some even if you pay it off the next month. Absolute rip-off avoid it like the plague. Ask me how I know.

Paid off my loan 21 months early, had a zero balance and Lending Club is still withdrawing 500.00 out of my bank account. Called to ask why, lady said I should have called last Friday. I told her I called last Tuesday and I would like a supervisor. Supervisor stated she needed to listen to the recorded phone call and admitted she saw where I called last Tuesday. I am now waiting on bank to open to stop payment. This loan company should have closed the loan and stopped any overpayments and they did not.

Worst process took 2 months to get denial. Raquel was good as a customer service representative. However... Lending Club has an inefficient and strenuous process to just input information for submission. (taxes, paystubs,w2's etc) Additionally as someone who understands the loan process as a former loan underwriter, the company is highly incompetent. I will in the further discourage friends, family and business associates and contacts to never do business with Lending Club. Dissatisfied patron.

Lending Club was so easy in helping me, the questions were easy to read, there was not a lot of unnecessary information and very helpful. The company did not take long at all to find what I needed. It was so much easier than going to a company in person.

They apply for loans for you without checking with you first. I did not get the loan I was wanting and they keep applying for loans I'm not interested in. You have to cancel loans you don't want and it's hard to find the way to make them stop applying. Three hard hits on my credit in a week was enough to make me mad. They could ruin a person's credit this way.

I have obtained and paid off three separate loans from Lending Club over the past five years. I love the way the process works on the front end - it's easy to apply, get a decision, and get your loan funds, but it's all downhill after that. For some reason they have a very old school, outdated customer service operation that results in very poor customer experiences. My experience not once, not twice, not three times, but every time I contacted them to obtain any kind of documentation about my loan, it takes them two to three days to provide it, and about 20% of the time I had to ask at least a second time.

Lending Club was fast and easy. My loan was processed the same day on Friday. On Tuesday the fund was in my bank account. the loan advisor was extremely professional during the interview phone call. I will definitely do business with them again.

Wow, I was skeptical when I read the reviews and didn’t really believe the loan experience could be so simple and quick but it truly was. Lending Club is best because they use a soft pull so your credit doesn’t get dinged for an inquiry. Money arrived in 3 days after approval. Super easy and simple.

I applied online when receiving a notice saying pre approved. I received notification in about 24 hours on my approval and the money was in my account the next day. They even had all the information I needed on payment dates, amounts, everything listed clearly and precise. Thank you Lending Club, you are my hero!

I continually get Lending Club offers in the mail stating that I am pre-approved along with prequalification codes. It has the amount you can borrow and how much your monthly payment will be. After receiving an offer a couple of months ago I thought along time about getting a loan to bundle my bills together and have one payment, so I went online to myinstantoffer.com like they advised and put in my code and I was instantly denied. I was flabbergasted I could not believe it. I called the company and they told me that something may have changed since I had taken a while to take them up on the offer.

Very simple online application that literally took a couple minutes. They review the application. Got back to me with a couple of validation requests. I sent all info to them via email and a couple brief phone calls by me to them and BAM DONE. 25,000 loan was completed. They even paid off my creditors for me so I didn't have to. Extremely simple fast (1 week) easy friendly folks to work with. And might I add "a heck of a lot better interest rate than any bank". I will recommend Lending Club to anyone anytime. VERY PLEASED.

I took out a 10,000 loan and repaid it before my first payment was even due. I sent a cashier check and I sent it overnight through Federal Express to make sure that it would be received on time before my first payment was due. Two weeks later here I am, no credit to my account, showing that I'm late on my payment and no one, not even the supervisor can find my payment anywhere. I called them 7 times checking on my account. They kept telling me don't worry it should be posted soon. I will NEVER do business with them again and I will Never recommend any of my family and friends to do business with them either.

Lending Club send people in the mail offers of preapproved. But when you apply they denied the loan. They use a computer program to make their decisions for them..so about 78% of applicants are denied due to this system. But when you call customer service they know very little about loan approvals. I'm not going into details about it but try going through your bank or credit union. You have a much better chance of getting approved for a loan because you can talk to the loan officer face to face. Not a computer generated system. So most loan decisions are computer generated. So stay away from all companies like this one.

Loan was easy to get, I got to choose which company I wanted to get a loan from. But now I don't know where to get details of my loan, and Lending Tree has not written me back yet, so not sure when my first payment is due. I don't think I would personally go thru them again, as I would have liked some email outlining my loan.

I looked into paying off my CC debt accumulated in a startup run at hopefully a lower interest rate. Imagine my surprise when Lending Club wanted over 20% interest for this. That is higher than some of the cards I am paying off! True my credit rating is only fair right now due to the high % usage of my available credit but still, this is basically usury. Especially when I had a Lending Club loan in the past which I completely paid off ahead of schedule.

Representative assured me that the lender I was trying to bbn pay off was conducting business under another name. Told him I did not want to responsible if anything went wrong. He told me not to worry. Payment sent was cashed supposedly. I have contacted that creditor, they do not have any record of the payment. Lending Club is not coming with a solution, it has been three weeks since the start of the nightmare. Nobody I have spoke to from Lending Club has the bbn power to do anything. They have the "higher ups" that no one can talk to. But I have to start making my monthly payments to the Lending Club on time because if I do not I get charged a late fee and reported to the credit bureau. DO NOT MAKE THE SAME MISTAKE I MADE AND AVOID LENDING CLUB. I THINK THEY A BRANCH OF LENDING TREE.

We applied for a debt consolidation loan and within minutes we heard from several competing banks and we chose the one that best fit our needs. Within a couple days we received our funds. Incredibly easy.

I looked into a loan with Lending Club on a Saturday evening. I filled out the application, got a congratulations response, was all set to get my loan. The following day, on a Sunday, I decided I needed to wait until after I moved to get my loan. I went back in line, into my account to withdraw my application. Done right?! Wrong!! The following day, Monday, I was working on the East Coast then went immediately to the airport to fly home. I didn’t get home until close to midnight that night. The following morning, I had an email from Lending Club saying that my funds had been sent. I immediately called to say that I had withdrawn my application and was told that you have to speak to someone in person to withdraw an application!!! So you’ll give me $30,000 without speaking to me but if I want to withdraw the application, I have to speak to a person!!

First off I did get the money I needed. The process was quick and easy. However, it was a bait and switch. The rate shown on lending tree tree was 10% but the actual rate was 15.9%. When I called Lending Club they “apologized”. WTF? That’s not right but I had approved everything already so I feel screwed over. I’m happy I got the cash I needed but upset I’m paying an extra 6% on the loan. I’m very disappointed.

I applied for a loan on July 22nd, 2019 as the borrower (Oscar **.) with a co-borrower (Moses **.). A loan #** was generated and given, which including both the borrower and co-borrower to uploading documents into the to-do-list on their website (http://www.lendingclub.com), which we completed. Everything was confirmed within 3-5 business days. If anything was needed we would be contacted by email @ **. They never contacted us within the time frame. So I called for status of the loan #**, I was told that the co-borrower must call too for status. That was done on July 29th, 2019.

I could not have ask for better service or faster response than what I received from all that I dealt with during the process of getting the loan. When everything was completed, I had the money in my account on Friday morning. I didn't start the loan application until Wednesday. I am very pleased at how quickly they work. Thank you. Carol

Lending Club is so easy to work with! I received a loan to pay off my high interest credit cards, Lending Club paid them directly saving me time and alot of money! Their customer service is great and easy to get ahold of as well. If you took out a high interest loan and find yourself drowning in payments that are going all towards interest like I did, this is a great option. Definitely recommend.

If you're thinking about getting a loan from this company think again. High APR’s and this is after putting you through hoops over and over again. Over two weeks of sending them information including tax returns, they wasted so much of my time. You can get much better rates from many other places.

I can recommend Lending Club to all your financial needs. The process for my credit card consolidation was painless and fast and everything was do it online. No gimmicks or false promises, the rate and terms that I was told from the beginning still until my loan was funded.

Very unimpressed with this company. SPAMMED me with a pre-approval offer that never happened. Seems Lending Club, should be called lost club instead. This company COULD NOT get past the fact my rent includes my electric bill. Insisted I must have a power bill, which I do not!! After five attempts to explain this, they agreed, it must be included. I had just hung the phone after fifth time up and I get an email that I need to supply my power bill,,,round and around and around we go!!! Talked to six different people, and every time, we had to start over, nobody knew what was going on with my loan??? I finally just pulled the plug on this dysfunctional group of clowns, accomplished nothing!!! I gave up on the merry-go-round and just stopped talking to them. BE WARNED, pre-approval is a come on SCAM!!! I have perfect credit with ZERO dings, 750++. Lending club told me I had too many defaults??? LMAO!!!!

The process of applying for the loan that I wanted was very easy. All I had to do was to fill in a little bit of personal information and then list the debts that I wanted to pay off and it couldn’t be easier. I had a little trouble with the listing of one of my debts, but I called them up on the phone and they answered my questions and got me back on track so I could finish my loan application. I would definitely recommend Lending Club for your loan needs.

I applied yesterday morning for a $40,000 loan at 6am eastern time. I did all the verifications they requested. Emails both work and personal. Bank account links etc. I logged back on a few hours later and found out I was approved at a 6% rate. I know I have a high credit score with zero late payments and a very high balance in my checking account. I guess they took all this into consideration and approved me instantly. I did this loan to pay off 0% credit cards that will expire soon and go to 22%. I could have paid it off myself out of my checking account but decided to do this loan to keep my credit active.

So far so good. Just waiting for funds to deposit to my account. I am sure all will be fine. We will see when there are question as we go forward. They seem to be very ok it when speaking to them on the phone. Hopefully it stays that way.