Best Reviews TopConsumerReviews.com Best Personal Loans Best Reviews
Best Reviews
      September 20, 2019

Home  >  Personal Loans  >  LendingClub Review

Best

Personal Loans

  1. LendingTree
  2. SoFi
  3. 100 Lenders
  4. Avant
  5. Money Lion
  6. Prosper
  7. NetCredit
  8. Upstart
  9. Personal Loans
  10. OneMain Financial
  11. LifeLoans
  12. Better Loans Mutual

Compare Products

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

Your Information Is Secure
Personal Loan Tips Newsletter

Latest Reviews

Keto Diets

Luggage Stores

Olive Oil Clubs

Online Fitness

Personal Trainers

Pet Meds

Popular Diets

Printer Ink

Rapid Weight Loss

Sunglasses

 

Individual Reviews

LendingClub

LendingTree

SoFi

100 Lenders

Avant

Money Lion

Prosper

NetCredit

Upstart

Personal Loans

OneMain Financial

LifeLoans

Better Loans Mutual

 

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 Personal Loans

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

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

Are you in need of some cash? Historically, borrowers have had limited options for a personal loan. You could ask a family member, a friend, or find a personal finance company that offered fixed-rate loans, typically at exobrtantly high interest rates.

Today, however, finding a personal loan brings several more options to the table. While you can still ask a family member, or get a high-rate loan from a finance company, you can also consider using a social lending network. These networks, also called peer-to-peer loans, generally have much lower overhead and as a result can offer much lower interest rates. They're facilitated by professional companies familiar with this type of lending, to simplify things for all parties.

Continue reading below reviews

Best Reviews

2019

Personal Loan Reviews

5 stars
LendingClub

LENDINGCLUB Visit Site

Loan:

From $1,000 to $40,000

TopConsumerReviews.com Best-In-Class Blue Ribbon Award LendingClub is a recognized leader in the social lending market. They do an excellent job of bringing together lenders and those wanting a loan between $1,000 to $40,000. The benefit of choosing LendingClub is that without a bank in the mix, borrowers are able to get a lower rate on their personal loans. LendingClub currently holds a strong Better Business Bureau rating of A and helps facilitate thousands of loans for happy customers each month.

The current loan rates at LendingClub range between 6.95% and 35.89% APR. The best APR is available to borrowers with excellent credit. Applying for a loan is simple:

  • Enter the amount you want to borrow, the purpose of the loan, and your credit score range
  • Next you'll be asked to input your name, address, income, and date of birth
  • LendingClub will verify your identity and creditworthiness
  • After verification occurs, your loan and loan terms will be available for you to select from
  • Select your loan
  • LendingClub authenticates your bank account
  • You receive your funds

The size of your loan and your credit worthiness impacts the turnaround time of the process. At any point you can speak to a LendingClub customer service representative to assist. Your loan request will be listed on the LendingClub website for up to two weeks, or until lenders are willing to fully fund your request.

Like any peer-to-peer lending company, a fee is assessed in order to cover costs. At LendingClub you can anticipate a one-time processing fee that ranges from 1% to 6% of the loan amount, depending on your loan and loan terms. For a $1,000 loan that equates to a fee starting around $11.

If you're looking for a personal loan, LendingClub offers an excellent lending process and affordable rates, from a reputable company that you can feel confident with. LendingClub earns our highest rating.

Visit Site

Continued from above

No matter where you borrow money from, before you get your next personal loan you should consider the following:

  • BBB rating. Does the lending company have a solid history of doing good business with its customers?
  • Loan size and rate. How much will the lending company offer? What interest rate do they charge their customers?
  • Loan application process. When applying for your personal loan, can it be completed online? Is the lending process easy and straightforward?

TopConsumerReviews.com has reviewed and ranked the best online personal loan providers available today. We hope this information helps you find the best loan at an affordable rate that meets your needs!

The newest workplace perk looks a lot like a payday loan

Still, a two-week payday loan with a $15 fee per $100 borrowed is the equivalent of an annual percentage rate of almost 400%, according to the Consumer Financial Protection Bureau. More from Personal ...

Published:  Fri, 20 Sep 2019 06:32:00 GMT



Over a quarter of students are now relying on cash loans

This is up from 15% 10 years ago. University students today are also 12% more likely to have a personal loan, at 23%, than they were a decade ago, the research shows. READ MORE: Millennials delay ...

Published:  Fri, 20 Sep 2019 05:33:00 GMT



Mobile loans apps Tala, Branch, Okash face scrutiny in Kenya

In late August, the company announced it will not allow apps that promote personal loans which require repayment in full in two months or less from the date the loan was issued. The move has heralded ...

Published:  Fri, 20 Sep 2019 06:15:25 GMT



Millennial Money: Is student loan refinancing right for you?

Or if you're in a rush to pay off loans, make sure you can manage the higher monthly payment. This column was provided to The Associated Press by the personal finance website NerdWallet. Sean Pyles is ...

Published:  Tue, 17 Sep 2019 10:42:00 GMT



Discover Crosses $1 Billion in Home Equity Loans

2 Homeowners can apply for a home equity loan from Discover 24/7, from any device. They can also apply over the phone by speaking with a Personal Banker. Either way, Discover instantly pulls the ...

Published:  Fri, 20 Sep 2019 04:25:00 GMT



Personal Loan: How to choose the best scheme online in India

Instant Personal Loan Online: Get an overview of Personal Loan Eligibility, Interest Rates & more at Moneycontrol. Also, find out the list of tops banks offering Best Personal Loan in India. In simple ...

Published:  Fri, 30 Aug 2019 03:02:00 GMT



Personal loan vs credit card: 4 points to keep in mind

Despite the best of financial planning and regular investing, unforeseen exigencies can always land one in a financial crisis. To deal with such situations, the first two options that usually come to ...

Published:  Sun, 25 Aug 2019 16:01:00 GMT



Keel Associates Discusses How to Use a Personal Loan to Pay Off Your Credit Cards

A personal loan can be used to buy expensive items, steady personal finance, and pay off high-interest credit card debts. When applying for a personal loan, it is critical to pay attention to ...

Published:  Tue, 27 Aug 2019 19:32:00 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