Funds are directly deposited to your designated account within 1–3 business days after receipt of signed loan documents. We only use the direct deposit process as it eliminates mailing issues or misplaced checks.
How are funds sent to my practice and how fast will I receive them?
Last Updated June 8, 2023less than a minute read
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Related FAQ's
In the Practice Center Dashboard you’ll see Complete in the status column once signed approval documents have been received and accepted.
You can log into the Practice Center at any time and check practice fees for any of your patients by clicking the patient's name.
We offer several ways for you to make your monthly auto loan payment, so you can choose the method that works best for you. A statement will be mailed to you every month that shows the payment amount and due date.
LendingClub provides a year-end statement that summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have been charged off.
Once you’ve submitted your application, we’ll try to confirm your information on our own. Sometimes, you may need to submit a few documents to confirm your identity, income, or vehicle ownership.
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.