Can I Apply for Additional Loans?

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If you’re eligible for an additional lending product, we’ll usually inform you in an email or your online account summary. If you haven’t received an invitation but want to see if you’re eligible, you’re always welcome to check your rate—it’s a soft inquiry that won’t affect your credit.

There’s no limit to the number of accounts you can apply for, but your total borrowed amount between all loans can’t be more than $50,000. And keep in mind: currently, we can’t consolidate or refinance LendingClub accounts.

Understanding eligibility

Curious about what can affect your eligibility? These are some of the main factors we look at for additional loans:

  • Outstanding balance and length of your current loans

  • Payment history with LendingClub

  • Account standing

It’s important to us that our members’ debts stay manageable. If you aren’t eligible for another lending product just yet, work on paying down your existing account consistently and on time.

Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.
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Any reviews presented are individual experiences and results may vary. Reviews collected and authenticated by Bazaarvoice. All reviews can be accessed at https://www.lendingclub.com/company/reviews

Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

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