Compare Lending Club Rates

The main selling point of The Lending Club is that they do not charge any hidden fee at all. In fact, you can see your rate which does not affect your credit score and then submit your application for the loan without having to pay a penny.

However the actual loans themselves characterize a fixed rate one that the borrower can afford which essentially means that your monthly installments will amp up a little. You can make the repayment of your loan anytime you choose to as this will finish off the interest amount in the future in fact there is no extra fee you have to pay on the repayment.

When you submit your application for the personal loan at Lending Club the loan offer you will get will be given a grade between A to G with a respective interest rate, APR vale and the fee of origination.

The value of the APR reflects the amount you have to pay for taking the loan on an annual basis. This can assist you in comparing various loans or credit cards. However for Lending Club the value of APR on the personal loan comprises of both the origination fee and the interest rate but the origination fee is charged automatically from the loan and you will not be charged this fee if you haven’t received the applied loan.

The Lending Club will never require you to pay any upfront payment.


  1. I received an offer in the mail stating preapproved .I go to web site they do not ask for prequalified code and When it comes to employment I am retired have lived in my home over 5 yrears.
    I need to have money so I can get dental procedure done and have my credit cards paid off.


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