Lending Club
Reset Search


What is the process for obtaining a loan?

« Go Back


Applying for a loan through Lending Club is fast, easy and confidential. Please note that all applications must be completed online. The process is the following:

  • Apply online via the Lending Club Website – you can check your rate in just minutes without impacting your credit score.
  • If you qualify, you will instantly be presented with multiple loan offers.
  • Select the offer that best fits your needs and complete the online application form.
  • Your completed application will be reviewed by our application verification team.  During this review you may be asked to submit documentation, such as recent pay stubs or bank statements to support your application.
  • While your application is under review, your loan request is made available for investors to review and consider investing in.  Investors will never learn personally identifiable information about you or contact you directly.

You will also receive instructions to guide you through the email and bank account verification processes. Once your loan request is approved and funded, your loan proceeds will be automatically deposited in your verified bank account within 4 business days.

Click here to apply for a loan.



Was this article helpful?



We value your feedback and will use your comments to improve our service. For questions regarding your account, please contact us via the Have Additional Questions link on the right side of this page.

Characters Remaining: 255


Financial Innovation

Borrowers hurt by the credit squeeze and investors looking to boost their returns are increasingly turning to the same place: peer-to-peer lending.


Featured Borrower


"The interest rate on my loan through Lending Club is a third less than what I was paying before, and it’s very satisfying to know that there is an end date for being done with my debt."