At LendingClub, your protection is our highest priority. We use state-of-the-art tools and monitoring systems to ensure your identity is safe. This is done through a combination of identity verification processes, ongoing monitoring of accounts for irregular activity and the use of sophisticated fraud detection tools to recognize ID theft. We'll contact you regarding any suspicious activity associated with your LendingClub account.
How Does LendingClub Prevent Identity Theft?
Last Updated June 8, 2023less than a minute read
Additional About FAQ
LendingClub Resources
Related Articles
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.
Related FAQ's
If a member dies while their loan is in repayment, we require the executor or administrator of the estate to send a death certificate to us. We then file a claim against the member's estate to attempt to recover the outstanding loan balance.
Your annual percentage rate (APR) is the overall yearly cost of your loan, including fees and interest. The APR on LendingClub Bank loans ranges from 7.04% to 35.99%.
Phishing is an attempt to steal your personal and financial information, perpetrated by bad actors posing as a trusted company or individual, to lure you into clicking a malicious link or providing sensitive information over the phone.
Looking for a lower monthly car loan payment? Refinancing your car loan with LendingClub Bank could lower your monthly car payments and keep some money in your pocket.*
To qualify for a lending product with LendingClub Bank, you must...
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 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.
