LendingClub does not pull credit as part of our account opening process. However, we do obtain information from a credit bureau used to validate your personal information. The request for information does not affect your credit score. Please note that if you have placed a credit or security freeze on your credit report, your application will be manually reviewed, during which we will need your assistance. In these instances, the review process may take up to 5 business days.
Do you do a credit check?
Additional Application FAQ
- Can I add a joint owner to my checking account?
- How do I fund my checking account?
- How do I order checks?
- New Account Checklist
- How do I set up my LendingClub profile?
- How do I add a beneficiary to my checking?
- What do I need to start a checking account application?
- How do I get a debit/ATM card?
- When will my funds be available to use after I open my checking account?
- What is the minimum amount required to open a checking account?
- How can I open a checking account?
LendingClub Resources
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Related FAQ's
To complete the account opening process, a $25 minimum opening deposit is required.
If requested during account opening, your debit/ATM card should arrive within 7-10 business days after your application is approved.
For personal checks, your first order (25) is free!
Yes! As part of the application you will have the opportunity to add a joint account owner after you submit your personal information and receive confirmation on the details of your newly approved LendingClub account.
You can apply online for a Rewards checking account by heading to our Personal Banking page.
Related Glossary
{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 total annual cost to borrow money, including fees, expressed as a percentage.
{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.
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.
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