Safety & Privacy
Safeguarding your personal information and privacy is of the utmost importance to us. All members' identities are verified and are kept confidential. Borrowers are risk-assessed by a robust screening process, and once approved receive the fairest available deals on financing. Read more about the risks associated with person-to-person lending and how we seek to mitigate them. Our members' personal information stays private, so that lenders can make sound funding decisions and borrowers can get the best opportunities for funding.
Your privacy is mission-critical
Borrowers and lenders remain anonymous on the site and are identified only by their chosen screen names. Lending Club employs strict procedures for protecting the financial data and other sensitive information we collect from members. Read our privacy policy.
You choose what information you'd like to reveal about yourself
As a borrower, you can share as much or as little information about yourself as you deem necessary to secure funding. Regarding the information we do request, we always tell you which information is required and which information is optional, which information will be displayed publicly on the site and which will remain private. There are no guessing games, and there is no fine print.
Sensitive data is kept in a secure PCI-compliant location
We store all sensitive financial data such as Social Security numbers and bank accounts in a highly secure environment hosted by our partner, BankServ, a PCI-compliant payment solution provider. The PCI data security standard was developed by credit card companies to impose the strictest security standards.
We have a vigorous ID theft policy and will prosecute offenders
Lending Club utilizes state of the art authentication technology to verify identities. However, if a lender suspects that a loan belongs to a person who has committed identity theft, we will work with law enforcement authorities to track down and prosecute anyone who has committed identity theft. Lending Club will repay lenders for the unpaid principal balance of loans where the borrower has committed identity theft.
