Requirements
To borrow from LendingClub Bank, you must:
- Be a U.S. citizen or current resident (we accept applications from all U.S. states and Washington, D.C.; however, we don't accept applications from the U.S. territories.)
- Be at least 18 years old
- Have a verifiable bank account
How your application is evaluated
We look at several factors when reviewing your application, including:
- Information from your application
- Information about you from credit bureaus
- Your credit score
- Other information that predicts the likelihood that you'll make on-time payments until your loan is fully repaid
Applicants who qualify for the lowest rates have:
- A high credit score
- A low percentage of debt compared to income
- A long history of successful credit lines
In some cases, you may need to add a co-borrower to help you qualify. If this is the case, you can simply click Add a Co-Borrower on the application page to start a joint application.