Lending Club Personal Loans

Lending Club PreApproved Offer

Lending Club Personal Loans

is a provider of peer-to-peer loans.

How Do I Apply For Lending Club Personal Loans?

If you are wanting to get a personal loan just follow the instructions below:

First you will want to visit the site and fill out the online loan application.

You can get started with an easy online application. Go to LendingClub.com to get started.

Lending Club has made the process easy and much more automated than most bank loans.

You will enter some basic personal information to start the process and let them know the amount you want to borrow. Continue filling out their easy online loan application until completion. Once you submit the application for your peer-to-peer personal loan you will get rate quotes to review.

Once you accept the terms and conditions of the loan proposal you will get your loan funded. Once it is fully funded your money will be direct deposited into the account you provided.

How Much of A Loan Can You Get?

Once you apply for the Lending Club Loan you can get anywhere in the range of $1000 – $40,000.

What Can I Use a Personal Loan For?

You can use an unsecured personal loan for almost any purpose. Below we list some of the most popular reasons for people to apply online for a Lending Club Loan.

Debt Consolidation – Combine higher interest credit cards and other loans into one fixed payment loan.

Home Improvements and Renovations – Remodel Kitchens or Bathrooms in your home. Replace a roof or air conditioner.

Auto Purchases – Buy a used or new car.

Medical Expenses – Take out a loan to pay for prior medical expenses or new procedures. Use it to cover a deductible.

Travel and Vacations – Take a dream vacation or trips with your family.

Wedding Expenses – Use it to plan and cover your wedding expenses.

Major Purchases and emergencies – If you need to make a major purchase or an emergency comes up, a fixed rate personal loan can be a great tool.

There are many other ways you can utilize a personal loan through Lending Club. The process is easy and can be done completely online.

About Lending Club

Lending Club is a US peer-to-peer lending company, headquartered in San Francisco.

They were the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission.

If you have good credit you can get personal loans up to $40,000.

If you have over 2 Years Operating History you can potentially get a business loan up to $300,000.

Why Is It Good For Borrowers?

If you are a borrower you can fill out an easy online application. There are no prepayment penalties along with low rates and flexible terms. You can watch as people invest in your loan and choose your offer. You can get fast funding directly to your bank account.

Why Is It Good For Investors?

As an investor you can get solid returns with historical returns by by Grade A-C of 4.74% to7.98%.

You just open an account and transfer funds into it. You can easily build a portfolio by investing in a range of Loans in increments as little as $25.

You will get monthly payments of principal and interest as borrowers repay their loans.

So no matter if you are a borrower or investor Lending Club has advantages to both and complements one another. It is gives those wanting a loan a vehicle for borrowing and investors a way to make a steady income and build a loan portfolio.

You can compare and apply online at anytime.

What is The Lending Club Website to Apply For a Loan?

You will go to www.LendingClub.com