How will I know if applications have been approved or declined?

The unsecured personal loan market continues to hit record highs, and despite challenging macroeconomic conditions, shows few signs of slowing down.

Banks that diversify across customer segments, lending categories, income streams, geographies, and digital platforms are not courting fragility, but insulating themselves against it.

The typical investment mix of long-term loans and securities may turn out to yield lackluster results. Banks may have another investment option: consumer credit.

Budgeting is a lifelong money management skill that can help you control your spending, save for the unexpected, and build a strong financial foundation. 

Your credit utilization rate measures the balances of your revolving accounts against your credit limits. Naturally, your ratio can influence your credit scores. A low utilization rate could improve your credit scores while a high utilization rate may hurt them.

Yes—the Application Overview screen in your Business Center dashboard displays the disbursement information needed to post a loan.

If you believe that your credit report contains inaccurate or incomplete information, you can dispute it directly with the agency that’s reporting it.

At LendingClub Bank, we care about your financial health. We make it easy for you to make payments that keep your account on track.

If you're ready to pay off your loan, congratulations! That’s a big financial step.

Most applications receive a decision in seconds but, at a minimum, you’ll hear from us before the end of the next business day.

{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.

{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 

{noun} The total annual cost to borrow money, including fees, expressed as a percentage.

A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.

{noun} An interest rate that remains the same for a set time, usually for the life of the loan.