LendingClub Personal Loans review: how does it work and is it good?

Are you in need of a great loan to help your finances? If so, read our LendingClub Personal Loans review to learn more about this option!


by Suzana Brito

Published on 11/07/2022

LendingClub Personal Loans: Get money fast!

LendingClub Personal Loans logo
Get the scoop on how LendingClub Personal Loans work. Read on! Source: LendingClub Facebook

The LendingClub Personal Loans review will answer all of your questions about how this platform works, who can borrow from it, and much more.

LendingClub Personal Loans logo

How to apply for LendingClub Personal Loans

Whether you want a loan for home remodeling or debt consolidation, here are some steps you'll need to apply for LendingClub Personal Loans. Keep reading!

So read on to learn everything that you need to know before deciding whether or not getting started with us is right for you!

  • 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.

What is the LendingClub Personal Loan?

Lending Club Personal Loan is a lending platform that offers good terms for people with low scores.

They are currently available in all 50 states of the U.S and have been working on an expansion to its territories.

You can get loan amounts from $1,000 to $40,000, which don’t vary by state.

Lending Club Personal Loan also offers online account management in the app and website. This makes it easy to keep track of your loan and make payments.

You can also set up flexible payment dates to make changes to your account for permanent and temporary purposes.

Lending Club Personal Loan is a great option for people who need a loan but don’t have a great credit score since many lenders are willing to work with different rates and terms.


Is the LendingClub Personal Loan good?

Crazy young man in blue shirt posing isolated on yellow orange background. People lifestyle concept. Mock up copy space. Holding fan of cash money in dollar banknotes, doing winner gesture, screaming
Learn this loan’s pros and cons. Read on! Source: Adobe Stock

Lending Club Personal Loans is good if you have a less-than-perfect score and are trying to get money for home improvement, debt consolidation, and more.

Review LendingClub Personal Loans’ pros and cons to see if it works for you.



  • Loans up to $40,000;
  • Get money fast;
  • Competitive fixed rates and fixed monthly payments;
  • Online management.


  • Lending Club Personal Loan charges a late fee of 5% of the loan amount;
  • It charges an origination fee.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Does the LendingClub Personal Loan check credit scores?

LendingClub Personal Loans checks credit scores. It requires at least a 600 FICO score. The higher your score, the better terms and rates you’ll get.

Want to get the LendingClub Personal Loans? We will help you!

We hope you have found the answers you’re looking for and can get your personal loan. Find out more and learn how to apply for it below. Read on!

LendingClub Personal Loans logo

How to apply for LendingClub Personal Loans

Whether you want a loan for home remodeling or debt consolidation, here are some steps you'll need to apply for LendingClub Personal Loans. Keep reading!

About the author

Suzana Brito

I'm a Language Studies graduate and have always been interested in writing and sharing knowledge. By creating content about finances and related products, I believe in contributing to people achieving financial freedom and their goals in life.

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