How Do I Make Payments on Auto Refinance Loans?

Last Updated June 8, 2023

We offer several ways for you to make your monthly auto loan payment, so you can choose the method that works best for you. We’ll mail you a statement every month that shows the payment amount and due date.

Set up automatic payments

Signing up for automatic payments means you won’t miss any payments, and you’ll save money on postage. You can set up autopay from your To-Do List after you apply. Once you sign up, we’ll debit your payment from your bank account each month.

Pay online, by phone, or by check

Once your loan documents are finalized, you’ll receive a welcome email or letter providing details on how to make your payments. If you need help or have any questions, please call 888-845-0010 Monday through Friday from 8 am to 4 pm Pacific Time.

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Related FAQ's
When you're approved for a LendingClub Auto Refinance loan, we pay off your previous auto loan for you—so you don’t have to do a thing.
LendingClub provides a year-end statement that summarizes your account activity, including how much interest you’ve earned and information regarding Notes tied to loans that have been charged off.
Jun 7, 2023
We make refinancing your car fast and simple. The process may take up to 15 business days.
Before wrapping up your auto refinance loan, you’ll need to review some important documents and sign your Truth in Lending disclosure (TIL).
If you want to cancel your application, please call us immediately. Once a loan is funded, you have a limited time frame to cancel your application, depending on your loan type.
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{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
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{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment. 
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{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
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A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
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{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
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