Reviews
Learn to apply easily for the LendingClub Personal Loans
Find out how you can apply easily for the Lending Club personal loans. You can get fast approval on your application with low rates and flexible payment options. Read on!
Advertisement
LendingClub Personal Loans application: Online application process and loan track!
Applying for a loan through LendingClub is easy, but there are a few things to remember before applying. So, keep reading to learn how to apply for LendingClub Personal Loans!
This blog post will show you how to apply for a LendingClub personal loan. So whether you’re new to LendingClub or want a refresher on the application process, read on!
Online application
Lending Club Personal Loan is an online lending platform that offers unsecured personal loans to qualified borrowers.
It offers competitive rates and terms, making the application process quick and easy. If you are approved, you will be presented with a list of loan offers.
Then you can choose the offer that best fits your needs and confirm your personal information.
Once your loan is confirmed, Lending Club will deposit the funds into your account within 1-2 business days.
You can then use the funds for any purpose, such as consolidating debt, making home improvements, or covering unexpected expenses.
You will be redirected to another website
By submitting this form, I agree that I am 18+ years old and I agree to the Privacy Policy and Terms and Conditions. I also provide my signature giving express consent to receive marketing communications via automated emails, SMS or MMS text messages and other forms of communication regarding financial products such as credit card and loans. Message frequency varies and represents our good faith effort to reach you regarding your inquiry. Message and data rates may apply. Text HELP for help or text STOP to cancel. I understand that my consent to receive communications is not a condition of purchase and I may revoke my consent at any time.
Requirements
To apply for a loan with LendingClub, you should have a credit score of at least 600. Plus, it’s important to have proof of income and be a U.S citizen or authorized resident.
Finally, you should be 18 years old and have a valid Social Security number.
Apply using the app
You can apply for LendingClub Personal Loans through their app or website. The app is available for download to Androids and iPhones, and it’s free.
LendingClub Personal Loans vs. PenFed Credit Union Personal Loans: which one is the best?
PenFed Credit Union offers personal loans, especially for people in the military and family members. It comes with borrowing options up to $50,000 and has a wider purpose offer.
Conversely, LendingClub Personal Loans offer a lower amount, up to $40,000. It has online management and is easy to get. Have a look at the loan offers below:
LendingClub Personal Loans
- APR: It ranges from 8.30% to 36.00%;
- Loan Purpose: Credit card and debt consolidation, Balance transfers, and Home improvements;
- Loan Amounts: $1,000 – $40,000;
- Credit Needed: 600 or higher;
- Origination Fee: It ranges from 3.00% to 6.00% of the loan amount;
- Late Fee: There can be a late fee if you miss your payments;
- Early Payoff Penalty: LendingClub Personal Loan doesn’t charge an early payoff penalty.
PenFed Credit Union Personal Loans
- APR: Variable APR of 7.74% to 17.99%;
- Loan Purpose: Debt consolidation, home improvement, transportation, medical & dental, life and events;
- Loan Amounts: From $600 to $50,000;
- Credit Needed: 690 or higher;
- Origination Fee: It doesn’t charge an origination fee;
- Late Fee: You’ll be charged late fees if you don’t make your payments on time
- Early Payoff Penalty: None.
Discover how to apply for PenFed Credit Union Personal Loans below. Read on!
How to apply for PenFed Credit Union Personal Loan
Understand how you can apply for PenFed Credit Union Personal Loans. Here's what you need to know. Read on!
About the author / Suzana Brito
Trending Topics
HSBC Cash Rewards Mastercard® credit card review: is it worth it?
Get cashback with no annual fee with the HSBC Cash Rewards Mastercard® credit card. Take a look at its benefits in this review.
Keep Reading
Mission Money card application: how does it work?
Download the Mission Lane app, open your account and ask for your Mission Money debit card. You'll pay no fees to use it everywhere.
Keep Reading
Applied Bank® Gold Preferred® Secured Visa® Credit Card review
Read our Applied Bank® Gold Preferred® Secured Visa® Credit Card to see how this product can help you get your finances in check!
Keep ReadingYou may also like
Credit card interest rates are rising, start paying it down now!
If you have high-interest credit card debt, now is the time for a plan of action. Read on for information on how you can pay it off.
Keep Reading
Alaska Airlines Visa® Credit Card review
Is the Alaska Airlines Visa® Credit Card worth it? Read this review to find out what it offers and how you can earn miles!
Keep Reading
Torrid Credit Card Review: Big Discounts on all Purchases
Discover the amazing benefits of the Torrid Credit Card in our review, including 40% off your first purchase, sales, and offers. Read on!
Keep Reading