LendingClub
Banking that clears the way
LendingClub is an online bank offering personal loans up to $60,000, auto loan refinancing, and deposit products including checking, savings, and CDs. It positions itself as a customer-first alternative to traditional banking, allowing users to check loan rates without impacting their credit score. The platform serves consumers looking to consolidate debt, refinance existing loans, or earn competitive yields on savings.
Users apply online for personal loans or open bank accounts, with rate checks done via soft credit inquiry and funds disbursed as quickly as 24 hours after approval.
consumers seeking personal loans, debt refinancing, or online banking products
Background.
- Status
- launched
- Business model
- subscription
- Company
- LendingClub Corporation
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