Repayment is a simple and straightforward process
Your loan payments can be automatically withdrawn from an account you specify when you register with Lending Club.
We'll send you a reminder a few days before your payment is due, so just make sure there are sufficient funds in your account to avoid an unsuccessful payment fee.
No prepayment penalties.
You can pay off your loan any time with no penalty. Just contact us at least 10 calendar days before the due date of your next loan payment and we'll guide you through the process.
Don't fall behind.
If you miss a payment, make sure you get current within 15 days of your payment date to avoid late fees.