LendingClub Bank has a built-in marketplace that brings investors and borrowers together. Since 2007, we’ve worked hard to support our members and help them reach their financial goals. Unfortunately, due to COVID-19, at times, we’re unable to match all borrowers with investors. We usually require that your loan request receive sufficient investor commitments. This action will not impact borrowers’ credit scores in any way. When the market returns to normal, loan funding may become more readily available.
We’ll send you an invitation to reapply in the future. Because you’ve applied through us already, your application details will be saved for next time, so reapplying will take just a few minutes.
To learn more about how our marketplace works, read this Help Center article.