Most members are approved for their loan in 24 hours and receive their money from LendingClub Bank within two days. The exact turnaround time you’ll see for your application will depend on your unique details. Once you submit your application, we start confirming the information you entered about your identity, employment, and income.
If we need any additional details or documents, we’ll let you know through your To-Do List, so check in on that regularly. You can also sign into your Member Center at any time to check your loan’s status.
For more details on the loan process as a whole, read How do I get a loan?
 Of all personal loans approved between October 1, 2020 and December 31, 2020, 69% were approved within 24 hours. Between July 2021 and September 2021, more than two-thirds of personal loans issued by LendingClub Bank were funded within 48 hours after loan approval. The time it takes for a loan to be funded is not guaranteed and individual results vary based on multiple factors, including but not limited to investor demand.