Powered by the LC™ Platform


When you use LendingClub services or services provided through LendingClub, you are using the The LC™ platform. The LC platform is a group of financial service technologies developed by LendingClub to enable the services we facilitate or provide to borrowers and investors. The platform includes an ecosystem of microservices, database technologies, cloud computing technologies, web-based software-as-a-service, and mobile software technologies built upon and improved for over a decade.

The LC™ platform includes software for matching investors and lenders with consumers in need of a loan product, such as a personal loan or a loan to finance medical or educational services. This technology makes it easier for consumers to borrow the money they need, and for lenders to find borrowers that fit their credit risk profile. In addition, consumers may use the LendingClub website, which is powered by the LC platform, to apply for a loan, obtain loan options and interest rates, and schedule and make payments on their loan. Consumers may also use LC-enabled services to check their credit scores and get feedback on their financial health, while investors may find investing options and download loan performance data to help them determine how to better invest.

To leverage the power of the LC™ platform, choose the option that works for you:

The LC™ platform includes patented technology, which may include
technology associated with one or more of the following patents: U.S.
Patent No. 10,613,738, U.S. Patent No. 10,628,242, U.S. Patent No.
10,705,712, U.S. Patent No. 10,606,636, U.S. Patent No. 10,613,894, U.S.
Patent No. 10,467,127, U.S. Patent No. 10,437,689, U.S. Patent No.
10,042,879, and U.S. Patent No. 10,114,857. LendingClub and LC are
trademarks of Lendingclub Corporation. All rights reserved.

A representative example of payment terms for a Personal Loan is as follows: a borrower receives a loan of $19,169 for a term of 36 months, with an interest rate of 10.49% and a 6.00% origination fee of $1,150 for an APR of 14.81%. In this example, the borrower will receive $18,019 and will make 36 monthly payments of $623. Loan amounts range from $1,000 to $40,000 and loan term lengths range from 24 months to 60 months. Some amounts, rates, and term lengths may be unavailable in certain states.

For Personal Loans, APR ranges from 8.98% to 35.99% and origination fee ranges from 3.00% to 8.00% of the loan amount. APRs and origination fees are determined at the time of application. Lowest APR is available to borrowers with excellent credit. Advertised rates and fees are valid as of March 8, 2024 and are subject to change without notice.

Unless otherwise specified, all credit 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. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

"LendingClub" and the "LC" symbol are trademarks of LendingClub Bank.

© 2024 LendingClub Bank. All rights reserved.