Lending Club is the first organization which is involved in the peer to peer lending that is working on the security basis. You can get different offers through exchange commission and registration as securities. By getting the online facility of the lending club, a variety of lending facilities can be obtained that not only beneficial for the assistance of borrowers by approving loans but it is also helpful for the investor as with the help of loan payment, they can take back notes. On comparing with other organizations, Lending Club is considered as largest Peer to peer loan providing organization and till to date, it has largest loan portfolio as compared to other organization.
A person who is fulfilling the predefined criteria of the company can apply for the variety of loans. They are commonly dealing in the loan category like Auto Refinancing, Patient Solution Loan, Business Loan and Personal Loan. If you want to apply for a personal loan at the lending club, the company is providing this facility starting from the range of $10,000 to $40,000 for the maximum period of 3 years. This company is helping both as a bridge i.e for increasing income revenue, the company takes services charges from investors and the specific sum of fee from borrowers.
If you are interested to apply for Personal Loan, you have to visit its official site in order to apply online by following the given below necessary steps:
- First of all, click on the link lendingclub.com and access the main page through a web browser.
- On its main page, select the tab “Borrow” and then click on personal loan facility.
- An online form will be displayed on the same page, requiring some information before to apply.
- Enter how much you need a personal loan, what’s the money for? How’s your credit? Then click on “check your rate”
- Next, a new window will open about who’s applying? Either one person or Two, click on the appropriate tab and then next.
- After this, procedural steps will open that need to fulfill accordingly.
Lending club is offering Personal Loan facility in a unique way as if you want to spend cash on heavy expense or want to clear your creditors because the company is offering personal loan on very low rate as compared to credit card. So, personal loan facility can save your interest in making a big purchase or for completion of any project.