Personal Loan Rates and Fees

Rates from 10.68%–35.89% APR, with no prepayment penalties*

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 more than a thousand dollars

LendingClub customers save nearly $1,300 over the course of their personal loan on average.*

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See rates with no impact to your credit

When you check your rate, we use a soft credit inquiry that doesn’t affect your credit score.*

Want to find out what you qualify for? Checking your rate is free, fast, and easy.

How rates and fees work

Here’s what’s involved in a personal loan through LendingClub.

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Interest Rate

What you pay each year in interest, shown as a percentage of the total amount you borrowed.

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Origination Fee

A one-time fee of 2-6%* of your total loan amount that is based on your credit rating and charged only when you receive your loan.

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Annual Percentage Rate (APR)

The total yearly cost of your loan, including both the interest rate and the origination fee. The APR is the best way to quickly compare your yearly costs for 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.

Other fees

No application, brokerage or prepayment fees

Applying for a loan through LendingClub is absolutely free. We'll never ask you to pay any type of up-front application fee or other advance payment to obtain a loan. And, you can pay your loan off any time with no prepayment fee.

Late payment fee

If your payment is more than 15 days late, we may charge a late payment fee to compensate investors for the delay. The late payment fee is 5.00% of your unpaid payment or $15, whichever is greater. We charge this fee once for each late payment.