Best Reviews TopConsumerReviews.com Best Auto Loans Best Reviews
Best Reviews
      January 19, 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

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers

Watches

 

Individual Reviews

CARCHEX

Lending Tree

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!

With U.S. Auto Loan Debt Rising, Here's What to Do If You're Struggling to Pay Your Car Loan

Americans continue to drive up their debt load because of their vehicles, according to a new analysis of Federal Reserve data by Finder-more than 100 million people hold $568.6 billion in auto ...

Published:  Fri, 18 Jan 2019 13:05:00 GMT



Auto loan rate forecast for 2019

Auto loans are expected to get slightly more expensive this year. Car buyers can expect to see a "fairly modest" increase in auto loan interest rates in 2019, says Greg McBride, CFA, chief financial a...

Published:  Fri, 18 Jan 2019 04:15:00 GMT



Is It Still Possible to Get a Cheap Car Loan

As Jalopnik's resident car buying expert and professional car shopper, I get emails. Lots of emails. I've decided to pick a few questions and try to help out. This week we are discussing ...

Published:  Fri, 18 Jan 2019 06:35:00 GMT



How Car Title Loans Work

In life, a financial emergency can arise in many ways. Whether you are late on bills, facing an unforeseen expense from a medical emergency or damage to your home or other property, or need money for ...

Published:  Tue, 15 Jan 2019 08:39:00 GMT



Global Auto Finance market explored in latest research

News from QY Research, Inc. This report focuses on the Global Auto Finance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Auto Finance ...

Published:  Fri, 18 Jan 2019 02:03:00 GMT



Credit Unions See Steady Auto Loan Market Share Growth: Callahan

Your article was successfully shared with the contacts you provided. The credit union auto lending portfolio has doubled in the past six years, from $177.7 billion in the third quarter of 2012 to $365 ...

Published:  Fri, 18 Jan 2019 06:17:00 GMT



Should You Use In-House Financing From Car Dealers

Where you finance your next car can save you money or cost you money. About 85 percent of new vehicles are paid for with an auto loan, and more than half of used car purchases involve a car loan, acco...

Published:  Fri, 11 Jan 2019 12:10:00 GMT



Why Car Title Loans May Not Be as Bad as They Seem

Car title loans can have a pretty bad reputation depending on who you ask. They are often compared to payday loans when it comes to high interest rates, predatory nature, and the fact that they are pr...

Published:  Sun, 13 Jan 2019 07:57:00 GMT



Auto Dealers In California Seek To Halt Volvo Subscriptions

Nearly half of all American adults have a car loan, and as of 2015, the average length of an American car loan was over six years. And, while the trend has been for longer ownership terms in general, ...

Published:  Fri, 18 Jan 2019 10:37:00 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