How Do I Make Additional Payments?

Last Updated June 8, 2023

We apply any one-time payments directly to your principal balance, reducing the total cost of financing. You can also fully prepay at any time. If you choose to pay off your account early, you won’t owe any additional interest and your monthly payments will end. There are three easy ways to make additional payments:

  1. Easiest and fastest: Contact us at 855-846-015 with the following information:

  • Your loan number

  • Payment amount

  • Date of payment

2. Mail a check with your loan number via standard mail to the following address. (Don't forget to write your loan number on your check):

LendingClub Corporation
P.O. Box 884268
Los Angeles, CA 90088-4268

Send a check via overnight delivery to the following address: (Don't forget to write your loan number on your check.)

Lockbox Services - #0134268
LendingClub Corporation
3440 Flair Dr.
El Monte, CA 91731


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You can partially or fully prepay your loan at any time with absolutely no prepayment penalty or fee.
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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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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.

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