Eligibility 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
• At least 18 years old
• The holder of a verifiable bank account

At this time, we can’t accept loan applications from residents of Iowa, West Virginia, Guam or Puerto Rico.

How we evaluate applications

In evaluating applications, we consider a number of factors, including:

• Information you provide on your loan application
• Information provided about you by 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 typically have excellent credit, including:

• A high credit score
• A low percentage of total outstanding debt compared with income
• A long history of credit with significant successful credit lines

Learn more about rates for personal loans.