Auto Loan Refinancing

LendingClub auto refinancing currently does not work with RVs, motorcycles, commercial vehicles, or salvaged vehicles.
Checking your offers generates a soft credit inquiry, which does not impact your credit score. A hard inquiry that may affect your credit score appears when your loan is issued.
Based on average customer interest savings of $2,759.45 and average monthly payment reduction of $80.28 from January 2019 to December 2019. Your actual savings may be different. A representative example of payment terms are as follows: an Amount Financed of $18,000 with an APR of 8.20% and a term of 60 months would have a monthly payment of $366.70.
Based on average customer interest savings of $2,759.45 and average monthly payment reduction of $80.28 from January 2019 to December 2019. Your actual savings may be different. A representative example of payment terms is: An amount financed of $18,000 at 8.2% APR and 60 months would have a monthly payment of $366.70.
Checking your rate generates a soft credit inquiry which is visible only to you and does not impact your credit score. A hard inquiry that may affect your credit score appears only when your loan is issued.
Individual results may vary.
Motorcycle, recreational, commercial, or salvaged vehicles are not eligible for auto refinancing through LendingClub.
Based on average customer interest savings of $2,759.45 and average monthly payment reduction of $80.28 from January 2019 to December 2019. Your actual savings may be different.
This is one person's experience. Individual results may vary.
This is Rose's experience. Individual results may vary.

Savings are not guaranteed and depend upon various factors, including but not limited to interest rates, fees, and loan term length.

A representative example of loan payment terms is as follows: you receive a loan of $21,283 for a term of 67 months with an APR of 13.12%. In this example, you will make 67 monthly payments of $449.74. Loan amounts range from $4,000 to $55,000, and loan term lengths range from 24 months to 84 months. Some amounts and term lengths may be unavailable in certain states.

APR ranges from 2.99% to 24.99% and is determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates are subject to change without notice.

Checking your loan rate generates a soft credit inquiry on your credit report, which is visible only to you. A hard credit inquiry, which is visible to you and others, and which may affect your credit score, only appears on your credit report if and when a loan is issued to you. Your loan APR will depend upon your credit score and other key financing characteristics, including but not limited to the amount financed, loan term length, your credit usage and history, the loan-to-value (LTV) ratio, and other vehicle characteristics.

Vehicle Restrictions
Auto refinancing loans are only available for vehicles that are 10 years old or newer (based on vehicle model year) and have 120,000 miles or fewer. Loans are not available for recreational vehicles, motorcycles, vehicles with branded titles, bonded titles, or reconditioned titles, hail-damaged or salvaged vehicles, domestic trucks branded with a ‘3500’ designation or with a rated payload capacity of one ton or greater, conversion or cargo vans, snowplow-equipped vehicles, or any vehicles used for livery, rideshare, or any other commercial purpose. Loans are not available for the following vehicle makes and/or models: Hummer, Pontiac, Saab, Saturn, Daewoo, Isuzu, Suzuki, Oldsmobile, Nissan Leaf, and Volkswagen Diesel. Vehicle must be registered in one of the following states at the time of application: AL, AR, AZ, CA, FL, GA, ID, IL, IN, KS, KY, LA, MA, MD, MI, MN, MO, MT, NC, NE, NJ, NM, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VA, WA, and WI.

Existing Loan Restrictions
Auto refinancing loans are only available for existing loans that have 24 months or more remaining on the term.

GAP waiver or insurance coverage, if any, on your prior loan or retail installment contract may be impacted. Consult your GAP agreement or policy, or contact your GAP provider or insurer for more information.

Additional vehicle and existing loan restrictions may apply.

Fees
State and local title and registration fees may apply and may be added to the amount financed.

Unless otherwise specified, all loans and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Loans are subject to credit approval and sufficient investor commitment. Only deposit products are FDIC insured.

“LendingClub” and the “LC” symbol, and “Radius” and the “R” symbol, are trademarks of LendingClub Bank.

Members Lower Their Car Payment by $80 Per Month on Average^*