Requirements
To borrow through LendingClub, you must:
- Be a United States citizen or permanent resident, or living in the U.S. on a valid, long term visa
- Be at least 18 years old
- Have a verifiable bank account
Right now, we only accept applications from 49 of the 50 United States. Residents of Iowa and U.S. territories are not eligible.
How your application is evaluated
Your application review looks at several factors, 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 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.
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