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How much does LendingClub charge?

LendingClub charges an annual percentage rate (APR) between 9.57% to 35.99% on personal loans. Costs and fees for borrowing with LendingClub include an interest fee, and the company charges a one-time origination fee that's 3.00% to 8.00% of the entire amount you're borrowing. How does LendingClub affect your credit?

Is LendingClub a scam?

Note: According to the Better Business Bureau (BBB), LendingClub’s name and logo have been fraudulently used as part of loan scams, including the collection of security, insurance or other fees. LendingClub does not charge any upfront application fees in exchange for receiving a loan.

Is LendingClub Corp a good company?

LendingClub has an A+ rating with the Better Business Bureau, earning an average score of 4.44 out of 5 stars from more than 1,800 reviews. Its Trustpilot score is excellent, with an average of 4.7 out 5 stars; 88% of its reviews are five-star ratings. The Consumer Financial Protection Bureau received no complaints about LendingClub Corp. in 2023.

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