Payments process in 1–3 business days.
How long does it take for a payment to process?
Additional null FAQ
- Will my automatic payment still be processed if I make a one-time payment?
- How is my minimum monthly payment calculated?
- How do I check my monthly payment amount?
- What is a payment due date?
- Why is my minimum monthly payment less than what I was told when I initiated the balance transfer?
- How do I set up and cancel autopay for CleanSweep?
- Where can I see my original agreement after I initiate a balance transfer?
- How do I make payments on my CleanSweep line of credit?
- What does "payment due" mean?
- Will I get a notification once my payment processes?
- Can I change my payment due date?
- Where is my CleanSweep billing statement?
- I got a notice that one of my balance transfers was canceled. Why did that happen?
- How long does it take for a balance transfer to process?
- Why is the button on my account dashboard to initiate balance transfers disabled?
- I initiated a balance transfer by mistake. Can I cancel the balance transfer?
- Why is this happening?
- Can I still use my line of credit?
- Will this impact my credit score?
- Does this impact my other LendingClub accounts?
- What do I need to do?
- I went to apply for a CleanSweep account and saw it was no longer available. What happened?
Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.2
LendingClub Resources
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Related FAQ's
Yes. You'll get an email confirming your payment once it processes.
LendingClub does not report CleanSweep accounts to the credit bureaus, which means the closure of your account will not affect your credit score or be provided on your credit report.
When you initiate a balance transfer, we will send you an email that includes the details of your balance transfer agreement.
Yes. You can change your due date to any day between the 1st and 28th of the month.
It generally takes up to 7 days to process the request.
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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