Please update your account information prior to account closure to ensure a smooth transfer of funds. You can do this by signing in to your Member Center and clicking your name on the top right. If we’re unable to process a funds transfer or deliver a check your funds will be escheated.
What if my bank account or mailing address is outdated?
Additional Automatic Transfers and Escheatment FAQ
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Related FAQ's
Escheatment is the process of transferring unclaimed funds to the state.
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.
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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.
