Lending Club is a peer-to-peer lending company. It was founded in 2006 as one of Facebook’s first applications. It is a publicly-traded company. The headquarters are based in San Francisco, CA. The CEO and President are Scott Sanborn. Lending Club is rated 4.5 out of 5 stars. They have served over 2.5 million customers and there have been over $44 billion borrowed. Lending Club has been featured in The Economist, The New York Times, and Inc.
Lending Club offers personal loans. It only takes a few moments to apply for a loan. You can borrow money for a number of things like home improvement, medical expenses, car repair or purchase, home buying, major purchase, debt consolidating, moving, vacation, business, and more. You would first need to apply online. You would tell Lending Club a little about yourself and your financial situation. You will then be redirected to some information regarding your potential monthly payment and interest rate options. You would then need to choose the best loan for you. Within a few business days, your loan will be automatically deposited into your bank account. You can borrow up to $40,000 on Lending Club. Loans come with fixed monthly payments, low and fixed interest rates, and no prepayment penalties. You are also able to make your payments directly from your bank account. If you are unsure if you want a loan, you can check your rate, which will not affect your credit score. When applying for a loan through Lending Club, it will generate a soft credit inquiry, which will not be harmful to your credit report or score.
If you would like to cancel your Lending Club account, follow the specific instructions that are listed on this page.
- First Name
- Last Name
- Phone Number
- Email Address
- Billing Address
- ZIP/Postal Code
- Reason for Cancellation
- Last 4 Digits of Card
- Date of Last Charge
- Amount of Last Charge
- Prepare an email and include your account information
- Request that the agent cancel your account within the body of the email
- Request that the agent provide you with a confirmation number or email in reply to your email
- Email to [email protected]
- Retain any confirmation numbers or emails you receive for your records