Personal Loans Rates and Fees

8.05% to 35.89% APR
No prepayment or application fees

Your APR

Your APR depends on several factors, such as your credit rating, the amount you want to borrow, and how much you already owe to other creditors. We present a range of loan offers based on what you qualify for.

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Save Money

LendingClub Bank members save nearly $1,000 over the course of their loan.*

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Improve Your Credit

Many members see their credit scores increase after taking out a personal loan.*

Want to see what you might qualify for? Checking your rate takes only takes 2 minutes – and won't impact your credit score.

Rates and fees, explained

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Interest Rate

A percentage of the total amount borrowed, or what you pay to borrow the money loaned.

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Origination Fee

A one-time charge of 3-6% of your total loan amount based on your credit rating, and incurred only when you receive your loan.

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Annual Percentage Rate (APR)

The total cost of your loan, which includes your interest rate plus the origination fee. APR is the true cost of borrowing and the quickest way to compare annual costs across different loan options.

Real-life examples

Imagine you are approved for…
Yearly interest rate
One-time origination fee of 5%
Then you'll receive…

Deposited in your account
($6,000 minus the $300 origination fee)

And you'll pay back…
per month

Your payments each month over 36 months

Your actual monthly payment will vary based on the terms and conditions of your loan offer (which includes your APR, loan amount, term, and origination fee). The example above is provided for illustrative purposes only; your experience may be different.

Check your rate
now to see what you qualify for.

Questions? We have answers.

Here are some of the things to keep in mind as you compare loan offers.

Important information about other fees

No prepayment penalty, broker, or application fees, ever

You may pay off your loan from LendingClub Bank at any time with no prepayment penalty. Also, LendingClub Bank does not charge any broker fee, application fee, or require any upfront or advance payment to obtain a loan. If you were asked to pay such fees by a company representing themselves as LendingClub, contact Member Support immediately at so we can investigate.

Late payments

LendingClub may charge a late fee or other penalty if your monthly loan payment is not paid within the 15-day grace period (accused interest may still apply). If you are having difficulty making your monthly payment, contact Member Support at