Based on the average experience of [similarly situated] borrowers who refinanced their existing auto loans (“Original Auto Loans”) with Auto Refinancing Loans from LendingClub Bank (“AutoRefi Loans”) between October 2022 and March 2023. For this period, the average estimated monthly payment amount of Original Auto Loans obtained by borrowers was $549 with an average remaining term length of approximately 55 months; the average monthly payment amount of corresponding Auto Refi Loans was $471, with an average term length of approximately 59. The difference in monthly payment amount represents an average reduction of $78 per month. This reduction reflects the terms of Auto Refi Loans actually obtained by borrowers, not the terms of Auto Refi Loans offered to but not selected by borrowers. It is based in part on an extension of the average term length, and in part on a reduction in average APR. Potential reductions in monthly payment amount are determined based on (a) our understanding of the monthly payment amounts of Original Auto Loans, irrespective of term length, and (b) the corresponding monthly payment amounts of Auto Refi Loans obtained by borrowers, irrespective of term length. Claims related to potential reductions in monthly payment amount assume that Auto Refi Loans will be paid as agreed, and are for illustrative purposes only. They do not directly relate to any estimated APRs, monthly payment amounts, or savings amounts communicated to you in connection with a specific Auto Refi Loan that we may advertise to you or that you may obtain from us. If you obtain an Auto Refi Loan with a term length that is longer than the remaining term length of your Original Auto Loan, the overall cost of financing may increase even though your monthly payment may be lower. Depending on the state where you live, tax, title and other fees may apply, which could impact your total payment reduction.

Checking a rate through us generates a soft credit inquiry on a person’s credit report, which is visible only to that person. A hard credit inquiry, which is visible to that person and others, and which may affect that person’s credit score, only appears on the person’s credit report if and when a loan is issued to the person. Credit eligibility is not guaranteed. APR and other credit terms depend upon credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, credit usage and history, vehicle loan-to-value (LTV) ratio, and other vehicle characteristics.

This is one person's experience. Individual results may vary. Based on reviews collected and authenticated by Bazaarvoice. All such reviews can be accessed at https://www.lendingclub.com/company/reviews