In this article, I will guide you on how you can log in to the lending club login portal from your device. It is very simple to login to lending club web portal.
But for the first time, you may find some problems logging to your lending club login portal if you are not well known about the lending club login requirements and also login steps.
Stay with us till the end of this article, and you shall get all your queries and doubts fixed. In this article, we will try to cover almost everything possible about lending club that you need to know about. So, stay tuned, and let’s begin!
LendingClub is a fintech that provides range of financial products and services through a technology-driven platform in the United States.
It was the first peer-to-peer lender to register its offerings as securities with the Securities and Exchange Commission, and to offer loan trading on a secondary market. At its height, LendingClub was the world’s largest peer-to-peer lending platform before abandoning the peer-to-peer lending model in the fall of 2020.
The company claims that $15.98 billion in loans had been originated through its platform up to December 31, 2015.
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Lending Club Login Steps
The first and foremost thing you need to know about logging in is that you need to have correct logging details. Also, the essential requirement of logging in is that you must be the enrolling participant. If you fulfill these criteria and even if you have the online details, then it is going to be very easy for you to log in. follow the steps that are below to go through the simple process of logging in:
Step 1: Firstly, go to Lending Club Login page
Step 2: Then, Click on the “sign in” button. (located at the upper right hand side of the page) As you click on the link, You will land on another page.
Step 3: Here you have to select your account type and enter your “Username” and “Password” and then click on the “Sign In” button.
And now, you are good to go. Wasn’t it straightforward?
How To Retrieve Your Password
Are you having issues remembering your password? Please follow these steps to reset it:
Step 1- In the bank’s login page, enter your Login ID then click Forgot Password
You will be able to proceed to reset your password.
How To Make Your Lending Club Personal Loans Payment
Your first loan payment is due one month after your loan is issued and the funds are sent to your account, even if your bank takes a few extra days to make the funds available. To pay your loan, you can set up automatic payments or pay by check, phone, or wire transfer.
Pay by check
You can choose to pay by check when you apply for your loan or set this up later by contacting us. Once you’re set up to pay by check, you can send payments by postal or courier mail.
Make your checks payable to LendingClub Corporation, and make sure to write your name and full loan number on the memo line of your check. Here’s an example:
Then, mail your check to them. What address you mail your check to depends on the mailing service you use:
Los Angeles, CA 90088-4268
P.O. Box 884268
Lockbox Services – #0134268
3440 Flair Dr.
El Monte, CA 91731
If your check arrives by 7 pm Pacific Time, it will be processed the same day. Checks received after 7 pm will be processed the next business day.
Pay by phone
If you’d prefer not to use automatic payments:
- Click Change This when setting up your payment method.
When you’re ready to make your monthly payment, call them at 844-227-5011. Be sure to have your bank account information ready every time you call to make a payment. Payments received before 2 pm Pacific Time will be processed the next business day. Payments received after 2 pm will take another business day to process. For example:
- If you call on Monday at 10 am Pacific Time to make a payment, it’ll be processed on Tuesday.
- If you call on Monday at 3 pm Pacific Time to make a payment, it’ll be processed on Wednesday.
Pay by Wire Transfer
Wire transfer payments must arrive by 11:30 am Pacific Time if you want them to be processed on the same day. Keep in mind that wire transfers are only processed Monday through Friday. If your wire transfer arrives later than 11:30 am Pacific Time, it will be processed the next business day.
To pay off your loan by wire transfer, give your bank this information:
- Account number: 4121648281
- Bank name: Wells Fargo Bank
- Location: San Francisco, CA
- ABA number: 121000248
- SWIFT code: WFBIUS6S
- Your LendingClub Bank loan number
- Your full name
- Your address (This should match the one we have on file for you.)
Note: Your bank may charge a fee for wire transfers.
How To Change Your Payment Method
No matter how you’re making loan payments, you can switch your payment method at any time after you’ve received your loan.
If you’d like to switch to automatic payments:
- Sign into your Member Center.
- Click Make Automatic Payments.
- On the Payment Options screen, select Make Free Automatic Payments Electronically.
- Click Yes, I want Automatic Monthly Payments.
How to Make Extra Payments
All extra payments you make go directly to your loan’s principal. That means these payments reduce the total amount of interest you’ll pay over the life of your loan. Unless you tell them otherwise, early payments will be treated like extra payments and will also be applied to your loan’s principal. Keep in mind that early or extra payments don’t replace your regular monthly payment.
How To Check Your Payment History
You can view your history and check the status of your payments directly from your account.
- Sign into your Member Center.
- Click View Payment History.
Here you’ll find:
- Posting Date—the date when the funds were credited from your account
- Amount—total payment amount
- Principal—the part of your monthly payment that is being applied to the loan amount you borrowed
- Interest—the part of your monthly payment that is being applied to interest
- Late Fees—if any, for payments received after the 15-day grace period. We give all borrowers a 15-day grace period to make payments with no penalty
- Principal Balance—the remaining amount you borrowed on your loan, which doesn’t include interest
If you’re having trouble making your payments, please email them immediately at [email protected] or call 844-227-5011. Be sure to have your bank account information ready when you call. They’re happy to help however they can.
Do you need additional help, or have a question? click here and select a product, or find the company department you want to contact.