You can make a one-time payment from your Member Center, by check, or over the phone. When you make multiple payments ahead of the due date, the amount you paid first goes toward the current monthly payment, and any additional amount goes toward your principal balance. If you’ve already made your monthly payment, any additional payment is a “principal only” payment.
You can also fully prepay your loan anytime. If you choose to pay off your loan early, you won’t owe any more interest, and your monthly payments will end. See Paying off your loan for instructions.
Sections in this article cover:
- Sign in to your Member Center.
- Click View Loan, then Make a Payment.
- Under Payment Type, choose Principal only.
- Enter the amount you want to pay and click Next. If you need to change the amount, click the back arrow and enter a new amount.
- Review your payment details, then click Pay Now. You’ll see a Success! message once the payment is complete.
Note: The review page shows the payment amount, date, bank name, and the last four digits of your bank account. It also tells you the earliest date your payment can be processed. Once you click Pay Now, you can’t go back or change the payment amount.
Pay by check
If you want to make a principal-only payment by check, you can send us your check payment by postal or courier mail. Make your check payable to LendingClub Bank and write your name (if it's not on your check) and loan number on your check, along with the letters "AP" so we know to apply the funds as an extra payment. For example:
AP #123456789 Jane Well
Mail your check to one of these addresses:
|Postal mail||Courier mail|
|LendingClub Bank||Wells Fargo Lockbox Services|
|Dept. 34268||Attn: LendingClub Bank|
|P.O. Box 39000||Dept. 34268|
|San Francisco, CA 94139||3440 Walnut Ave.|
|Building A, Window H|
|Fremont, CA 94538|
Pay by phone
If you’re not enrolled in autopay, you can call us to make a principal-only payment. Please have your bank account information ready when you call.
Call us toll-free:
Monday – Thursday: 5 am – 8 pm PT
Friday: 5 am – 5 pm PT
Saturday: 8 am – 5 pm PT