LendingClub – Apply for a Loan

4.2 / 5  (5,170 reviews)
Maximum Amount $40,000 USD
APR from 8.98%
Term 24 – 60 mo.
Funds in 4 business days avg.
Apply on the Official LendingClub Website ad

Applying does not obligate you to accept a loan offer. Loans are approved by LendingClub subject to eligibility and terms.

Contact Information

Company LendingClub Bank, N.A.
Address 595 Market Street, Suite 200, San Francisco, CA 94105

LendingClub – Repayment Schedule

Estimated monthly payments at APR 8.98%. Actual payment is determined at loan approval.

Amount \ Term 24 mo. 36 mo. 60 mo.
$5,000 USD $228.38 $158.95 $103.74
$10,000 USD $456.76 $317.90 $207.49
$15,000 USD $685.13 $476.86 $311.23
$20,000 USD $913.51 $635.81 $414.97
$25,000 USD $1,141.89 $794.76 $518.72
$30,000 USD $1,370.27 $953.71 $622.46

Representative Example

Loan Amount $5,500 USD
Repayment Term 60 months
APR 8.98%
Monthly Payment $114.12
Total Interest Cost $1,347.05
Total Amount Payable $6,847.05

* This example is for illustrative purposes. APR includes the interest rate and any applicable fees. Actual terms are determined upon signing the loan agreement.

Quick Overview

Loan Amount $1,000 USD – $40,000 USD
Term 24 – 60 months
APR from 8.98%
Approval 4 business days avg.
Eligible Age 18+ years
Online Application Yes

Eligibility Requirements

  • ✓ Age 18+ years
  • ✓ US citizen, permanent resident, or visa holder
  • ✓ Verifiable bank account
  • ✓ Credit score 600+
  • ✓ Debt-to-income ratio below 40%

Loan Features

  • Joint applications accepted
  • Direct creditor payments
  • Loans up to $40,000
  • Pre-qualification with soft pull
  • FDIC-insured bank