The entire application, approval, and funding process usually takes about a week. Sometimes it may take a little longer.
Once you submit your application, we'll try to confirm the information you've shared on our own. Sometimes, you may need to submit a few things to confirm your identity, income, and employment. You can check your account to see if there's anything you need to complete. The faster you wrap up your To-Do List, the quicker we can finish reviewing your application!
Once your loan is approved and backed by investors, the money is deposited into your bank account. Depending on your bank, this can take a few more days.
How to keep your application on track
To keep things moving, make sure to finish the items on your To-Do List. You may be asked to submit documents that help confirm your identity, income, or employment.
For more information
- Check out How do I get a loan? to see how the process works.
This article describes the steps for getting a personal loan through LendingClub.
- Sign in to your account at any time to see your loan's status.