Repaying Your Loan

LendingClub makes repayment easy. Plus there are never any penalties or fees if you decide to pay off your loan early.

Simple payment

Your single monthly payment is automatically deducted from your bank account. No need to remember to send a check or initiate a payment. We send you a friendly reminder a few days before your payment due date, just to make sure you have enough funds in your account.

Are you a little more old school? Don't want your payment automatically deducted from your bank account? We offer the option to pay by check. As a reminder, there is an additional fee for this service. To change your account to manual payment and pay by check, you can email us at or call 844-538-6756.

Prepay and save

There are no prepayment penalties. You can pay off your loan, or make an additional payment, at anytime and get rid of future interest payments.

You can make an additional payment by emailing us at or by calling 844-538-6756. Want to know your exact payoff amount or learn more? Simply, log into your Account Summary and click the link “Learn How to Make an Additional Payment or Pay Off Your Loan” at the bottom of the page.

A grace period that has your back

We know life can get complicated. We therefore give you a 15-day grace period to make your payments without being charged a late fee. If you're having a problem making your payment, please contact us as soon as possible at or 844-538-6756.