Glossary
Term of the day
Annual Percentage Rate (APR)
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
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There are many reasons to consider a joint personal loan, including sharing the payment obligations, securing better financing terms, and improving your odds of approval. So, if your credit history is holding you back from getting favorable interest rates and terms on your own, having a co-borrower could help you qualify for a personal loan.
![How to Apply for a Joint Personal Loan](http://images.ctfassets.net/orqped9h4wgz/72n9waWnGzlPmOZAk8aVrS/cd439e6fe68c4e1f140194ead8688607/How_to_Apply_for_a_Joint_Personal_Loan.png)
If you're planning on consolidating debt or making a big purchase like buying a home or new car, chances are you'll need financing to help reach your goals. Understanding the true cost of a loan is key to getting the best deal possible—and most often that starts with shopping APRs and interest rates across different lenders.
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Related Impact
From groceries and diapers to Halloween costumes for pets, nearly 60% of American consumers prefer to shop online for everyday items that make life more convenient, comfortable, and enjoyable. And with rising prices showing no signs of stopping anytime soon, we’re pleased to introduce StackitTM from LendingClub Bank—a new browser extension that automatically finds and rewards eligible members with coupons and cash back for extra savings at more than 15,000 favorite online retailers.
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LendingClub completed the acquisition of Radius Bank in February 2021. At that time, in addition to the direct-to-consumer deposit business, we inherited a fintech partner program, and several lending businesses. As we reach the one-year anniversary of the acquisition, and in conjunction with the conclusion of a strategic review of our business operations, we have made the decision to discontinue certain businesses that don’t fit our mission.
![Man in blue button up shirt and glasses smiling](http://images.ctfassets.net/orqped9h4wgz/5fTH6ZRJzFrsIvsqMfB9EP/7f69faf6e7f87a55c890e1fc042ad7f4/scott-sanborn-1.jpeg)
Related FAQ's
We offer several ways for you to make your monthly auto loan payment, so you can choose the method that works best for you. A statement will be mailed to you every month that shows the payment amount and due date.
LendingClub provides a year-end statement that summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have been charged off.
Adding creditors to your balance transfer loan is easy.
To qualify for a lending product with LendingClub Bank, you must...
Applying for a lending product is fast, easy, and confidential.