Credit Loans

Want to pay off your credit card debt and reduce your monthly payments? With an unsecured personal loan via Lending Club you can pay off your high interest credit card debt and consolidate it into a single monthly payment with a fixed, low rate.

Better Rates: Lower your rate by an average of 35%1

Borrowers who used a personal loan* via Lending Club to pay off high interest credit cards or consolidate debt report in a survey that the interest rate on their loan was an average of 35% lower than they were paying on their outstanding debt or credit cards.

Circle the date your credit cards will be paid off

With fixed, low interest rates and monthly payments, the amount you pay will never increase, giving you a clear path to being debt free.

The most convenient personal loan around

Get an instant rate quote and see the offers you qualify for, with no need to ever visit a branch. Loans are deposited directly into your bank account in as quickly as seven days.

Flexibility to save even more

You have the flexibility to pay off your loan whenever you want and get rid of future interest payments. No prepayment penalty.

Improve your credit score

Consolidating your debt and paying off your credit cards can improve your credit score. 76% of Lending Club customers experienced a FICO score increase three months after getting their personal loan; the average score increase was 21 points.2

Easy online loan application

Check your rate using our easy online loan application. It only takes a few minutes and there is no impact to your credit score.

Lending Club Reviews from real customers

* All loans made by WebBank, a Utah-chartered Industrial Bank, Member FDIC. Your actual rate depends upon credit score, loan amount, loan term, and credit usage & history.

1Based on responses from 12, 728 borrowers in a survey of 66, 493 randomly selected borrowers conducted from January 1, 2015 – January 1, 2016, borrowers who received a loan to consolidate existing debt or pay off their credit card balance reported that the interest rate on outstanding debt or credit cards was 21.90% and average interest rate on loans via Lending Club is 14.30%.

2 Average credit score change of all borrowers who took out a loan via Lending Club between January 1, 2013 and September 30, 2015 with a stated loan purpose of debt consolidation or pay off credit cards.

Interesting facts

• Credit is the trust which allows one party to provide resources to another party where that second party does not reimburse the first party immediately (thereby generating a debt), but instead arranges either to repay or return those resources (or other materials of equal value) at a later date. The resources provided may be financial (e.g...
• Microcredit is the extension of very small loans (microloans) to impoverished borrowers who typically lack collateral, steady employment and a verifiable credit history. It is designed not only to support entrepreneurship and alleviate poverty, but also in many cases to empower women and uplift entire communities by extension. In many...