LendingClub Personal Loan

LendingClub offers personal loans from $1,000 to $40,000 with APRs ranging from 6.53% to 35.99% and terms of 2 to 5 years.

Last checked on September 19, 2026. We may earn a commission when you click through.

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✓ Fast funding within 24 hours ✓ Flexible loan amounts from $1,000 to $40,000 ✓ Joint applications available for better rates
Personal LendingClub

LendingClub Personal Loan

Updated 1 month ago

Our Verdict

LendingClub provides a flexible personal loan option with quick funding, but the high APR range may deter those with poorer credit. Be mindful of the potential for high rates if your credit score is on the lower end.

Pros

  • Fast funding within 24 hours
  • Flexible loan amounts from $1,000 to $40,000
  • Joint applications available for better rates

Cons

  • High APRs up to 35.99%
  • Minimum credit score requirement of 600
  • Mixed customer service experiences

In-Depth Review

At 6.53% to 35.99% APR, LendingClub's rates can vary widely based on creditworthiness. While this offers a chance for some to secure funds quickly, it can become costly over time if you fall into the higher range. The application process is allowing users to apply online and receive funds in as little as 24 hours.

This is beneficial for those needing quick access to cash for emergencies or immediate expenses. However, the minimum credit score of 600 can be a hurdle. Applicants often find themselves on the higher end of the APR spectrum, especially if their financial history isn't .

According to the provider's site, borrowers should be prepared for potential high-interest rates and ensure they have a solid repayment plan. Customer service reviews are mixed, suggesting that while some borrowers appreciate the ease of the online application, others have encountered difficulties with support after approval. Overall, it's the benefits against the potential costs.

Best For

Individuals with fair credit seeking personal loans for debt consolidation or major purchases.

Borrowers with fair credit looking for quick personal loans for debt consolidation or unexpected expenses.

Watch Out

Borrowers with credit scores below 600 may face high APRs and could be denied approval.

Customer Reviews

Users appreciate the quick funding but express concerns about high interest rates and inconsistent customer service.

Check eligibility →

You'll be redirected to lendingclub.com

Key Facts

Representative APR

6.53–35.99%

per year

Loan Amount

$1k–$40k

Term

24–60 months

Requirements

  • US citizen or permanent resident
  • Age 18+
  • Valid SSN
  • Bank account
  • Minimum credit score 600
  • Minimum annual income of $12,000
  • At least 3 years of credit history
Apply now →

You'll be redirected to lendingclub.com

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