Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      March 24, 2019

Home  >  Auto Loans  >  LendingClub Review

Best

Auto Loans

  1. LendingTree
  2. LendingClub
  3. My Auto Loan
  4. Cars Direct
  5. Road Loans
  6. Automotive
  7. Auto Credit Express
  8. OneMain Financial
  9. iLoan
  10. USAA
  11. Instant Car Loan
  12. Web 2 Carz

Compare Products

  • Select any 2 companies in our reviews to compare them head-to-head!
  • Compare

Your Information Is Secure
Worry Free Car Care Manual Newsletter

Latest Reviews

ADHD

Eczema

Flower Delivery

Fruit Baskets

Hair Loss

Hair Removal

Menopause Relief

Pet Meds

Ringworm

Watches

 

Individual Reviews

CARCHEX

LendingTree

LendingClub

My Auto Loan

Cars Direct

Road Loans

Automotive

Auto Credit Express

OneMain Financial

iLoan

USAA

Instant Car Loan

Web 2 Carz

 

Related Articles

Are Auto Loans Through A Car Dealer A Good Idea?

Auto Loans Versus Auto Leases

How Much Car Can You Afford?

How Your Auto Loan Can Be Affected By Your Credit Rating

What To Look For When Shopping For An Auto Loan

 

Our professional reviewers evaluate products and services independently, but Top Consumer Reviews may earn money when you click on the links on our pages. Learn more.

Better Business Bureau Reliability Seal

LendingClub Review

Best Auto Loans

To help you find the Best Auto Loans, TopConsumerReviews.com provides you with an in-depth LendingClub Review.

To see ALL of our reviews for the Best Auto Loans, please Click Here

Finding an auto loan is no longer limited to what your current bank will offer or what the dealer brings to the table. You can take control of your next auto loan terms by shopping online for the best deal available. Several auto loan companies post the most competitive auto loan rates online to attract your business.

In today's economy, may people have less than perfect credit. Many companies offer car loans to those who have suffered bankruptcy, late payments or a low credit score. By researching and finding the best auto loan, you'll potentially save hundreds to thousands of dollars each year in payments and interest over other auto loans.

Continue reading below reviews

Best Reviews

2019

Auto Loans Reviews

4.5 stars
LendingClub

LENDINGCLUB Visit Site

BBB Rating:

A

For those looking for an auto loan, traditional loan companies may not be the most affordable option. Other solutions, such as a personal loan, may be cheaper in the long run. LendingClub is a leader in the social lending market and facilitates personal loans, which can be used as auto loans.

Social Lenders such as LendingClub bring individuals that can provide financing for auto loans together with borrowers who need them. They do this with a secure website and sophisticated back-end processing. Without a bank in the mix, borrowers are typically able to get a lower interest rate on their auto loan than traditional methods.

LendingClub currently holds an "A" Better Business Bureau rating. They help facilitate thousands of loans for customers and lenders each and every month. Shoppers can expect a loan rate between 6.95% and 35.89%. Best APR is available to borrowers with excellent credit.

It's very easy to see if a lender is available for your auto loan needs. You just input the amount you want to borrow, the purpose of your loan, and other information such as your credit score, contact information, and income level. Once LendingClub validates this information, they present you with the terms of your loan. If you choose to proceed, personal lenders have a few days to fund your request. Of course, borrowers with a better credit rating typically have an easier time attracting lenders.

If you have any questions during the process, you can speak to a LendingClub representative for assistance. Like any peer-to-peer lending company, a fee is built into the loan in order to cover costs. Also, you can anticipate a one-time processing fee that ranges from 1% to 6% of the loan amount, depending on your loan terms.

If you're looking for an affordable car loan between $1,000 and $40,000, LendingClub may be a solution that works well for your financial situation over traditional auto loan companies.

Visit Site

Continued from above

However, not all auto loan companies are the same. There can be wide differences in the features and auto loan terms that they offer.

Before you apply for your next auto loan, consider the following important factors:

  • Application Process. What is the process of applying for the auto loan?
  • History. Does the auto loan company have a history of pleasing the customer and using quality business practices? How do they rank at the Better Business Bureau?
  • Focus. What type of auto loans do they offer? Are their auto loans geared for all levels of credit?

TopConsumerReviews.com has reviewed and ranked the best Auto Loans available today. We hope these reviews help you find the most affordable loan available for you!

As investors worry about a recession on the horizon, a record 7 million Americans have stopped paying their car loans. Here's why.

Ten years into a bull market, Americans are getting jittery about when the music will stop and the next recession will tear through the economy. While bad economic omens are being spotted in a variety ...

Published:  Fri, 22 Mar 2019 14:48:00 GMT



Car Leasing vs. Auto Financing

Leasing a car and traditional auto financing might live in the same category in your mind, but they're two completely different processes. One thing both have in common is that they can be more ...

Published:  Sat, 23 Mar 2019 06:14:00 GMT



How to maximize your auto loan program

While auto loans often hold a prominent share of a credit union's overall portfolio, some credit unions make the mistake of viewing indirect financing, leasing, and direct lending as entirely separate ...

Published:  Wed, 20 Mar 2019 00:30:00 GMT



US Car Loan Payments And Interest Rates Reach 10-Year High Thanks To Trucks, SUVs

The new vehicle market in the US is now facing the highest average car loan payment (along with interest rates) in a decade, mostly due to the surging interest in trucks and SUVs, according to Edmunds ...

Published:  Wed, 20 Mar 2019 08:03:00 GMT



ON THE MONEY: How to avoid late auto loan payments as prices rise

DETROIT (AP) - New vehicle prices and interest rates are on the rise, causing millions of people to fall behind on their auto loan payments. But experts say you can avoid being one of them by ...

Published:  Tue, 19 Mar 2019 17:42:00 GMT



America's obsession with trucks and SUVs is helping push car-loan payments to a 10-year high

The average car-loan payment just hit a decade high, according to Experian data first reported by Automotive News. In the fourth quarter of 2018, the average car loan in the US was $545 a month for ...

Published:  Mon, 18 Mar 2019 08:09:00 GMT



Auto Parts Supplier BorgWarner Names New Finance Chief

Automotive parts supplier BorgWarner Inc. on Tuesday named Kevin Nowlan as its new finance chief, tasking him with cutting costs to cope with the car industry's headwinds in markets such as China and ...

Published:  Tue, 19 Mar 2019 08:28:00 GMT



Money Matters: Refinancing a car loan

With interest rates still historically low, refinancing a mortgage can be a smart move: it can save you hundreds a month, or thousands over the life of the loan. But does that same logic apply to your ...

Published:  Sun, 17 Mar 2019 07:06:00 GMT



Job Requirements for Bad Credit Auto Loans

People often find themselves stuck in tough situations where they need a car to get a job, but they need the income from a job to get a vehicle. It may seem like a no-win situation, but it doesn't ...

Published:  Sun, 17 Mar 2019 06:10:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure