Personal loans through Lending Club range from $1,000 to $40,000. The loan offer you receive is based upon what we believe is affordable for you, given the information on your application and credit report. As a marketplace, our goal is to ensure borrowers have a really good shot at successfully repaying their loans.
What you’ll receive
As a borrower, you pay an origination fee. We deduct the origination fee from your loan when it’s issued, so the funds you receive are less than the full amount of the issued loan. For example, if you receive a $6,000 loan with a 3.5% origination fee of $210.00, you'll receive a loan amount of $5,790.00.
Getting an additional loan
Some borrowers qualify for an additional loan. Learn more about how to apply for a second loan.