ReviewTerminal
Home/Money & Insurance/LendingClub
L
ExcellentMoney & Insurance

LendingClub

lendingclub.com
4.7

42 reviews

93%
5-star
93%
Positive
7%
1-star
Write a review
ReviewTerminal Summary

LendingClub delivers a consistently fast and straightforward loan application experience that satisfies most customers, though a small number report serious issues with account security, hidden fees, and unresponsive customer service.

What customers love

  • Fast approval and fund disbursement (typically within 48 hours)
  • Simple, easy online application process
  • Competitive interest rates and transparent loan terms

Common concerns

  • Hidden origination fees not clearly disclosed in loan breakdown
  • Account lockouts with poor customer service resolution and inaccessible funds
  • Difficulty reaching customer support by phone

Customers mention

fast approvaleasy applicationcompetitive ratescustomer serviceaccount securityfees and transparency
Filter:
Sort:
Showing 3 1-star reviews
D
Verified
Debbie Hoffman
20 May 2026

Can't get anyone on the phone :(

Tried to call with one simple quick question, can't get anyone on the phone.

B
Verified
BE WARNED
20 May 2026

DO NOT open an account with Lending Club

After opening a Level Up Savings account and linking one of my banks, I transferred a significant amount of money to the account. Everything seemed fine for a few weeks until linking a few more accounts and trying to transfer a more funds into the account. Then my account was locked. It's been two weeks since I've provided Lending Club with the requested documentation to verify ownership of the linked accounts. Every time I call, their reps say they've escalated the issue to unlock the account and to check my email for a notification to that effect. Thank goodness the second transfer didnt go through! However, now I have no access to the initial funds. I am elderly and cannot afford to lose a dime of my hard earned funds in our current economy. Be warned...do not open an account with Lending Club!

K
Verified
Kenneth
19 May 2026

You had a $1200 hidden origination fee…

You had a $1200 hidden origination fee that was not clear with the final break down of the loan. Lossing that $1200 screwed me on the money I needed to consolidate debt. Your CSR team wasn't willing to help and just gave me your scripted answers. I feel I was taken advantage of and I will never recommend your company to anyone and I will do everything in my power to make sure your deceptive practices are exposed so others don't get screwed over like I did.

LendingClub — Review Summary

Based on 42 verified customer reviews, LendingClub holds an average rating of 4.7 out of 5 — rated Excellent on ReviewTerminal. 93% of customers gave 4 or 5 stars.

Similar companies in Money & Insurance

View all Money & Insurance companies →