LENDING CLUB

PERSONAL LOAN REVIEW

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Lending Club is an online lender that makes small loans — both single-payment and installment loans — to borrowers with low credit scores. Lending Club’s rates are as high as traditional payday loans in some cases, and lower than payday loans in others

Lending Club Complaints

Fast & Easy Online Applications
Credit Card Alternative
24 Hour Approvals

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CONSUMER WARNING

Over 270 BBB Complaints

Lending Club is a peer to peer lending company that offers loans through the internet. Unlike a traditional bank, Lending Club works by connecting borrowers who need a loan to investors who have extra cash to lend. Since there’s no banks involved, no vaults or tellers or other expensive bank things, Lending Club can pass the savings over to their borrowers in the form of lower interest rates.

But not everybody is a satisfied customer. Sometimes people apply for a loan at Lending Club yet walk away feeling upset or angry, and for many different reasons. In this article you will read about the biggest Lending Club complaints, as well as some possible solutions to these complaints.

Lending Club BBB Customer Complaints Summary:

39 Advertising/Sales Complaints
118 Billing/Collections Complaints
4 Delivery Issues Complaints
2 Guarantee/Warranty Complaints
111 Problem with a Product or Service Complaints

Total: 274 BBB Complaints

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Lending Club Review

CONSUMER WARNING:

Lending Club is a peer to peer lending company that offers loans through the internet. Unlike a traditional bank, Lending Club works by connecting borrowers who need a loan to investors who have extra cash to lend. Since there’s no banks involved, no vaults or tellers or other expensive bank things, Lending Club can pass the savings over to their borrowers in the form of lower interest rates.

But not everybody is a satisfied customer. Sometimes people apply for a loan at Lending Club yet walk away feeling upset or angry, and for many different reasons. In this article you will read about the biggest Lending Club complaints, as well as some possible solutions to these complaints.

Lending Club BBB Customer Complaints Summary:

39 Advertising/Sales Complaints
118 Billing/Collections Complaints
4 Delivery Issues Complaints
2 Guarantee/Warranty Complaints
111 Problem with a Product or Service Complaints

Total: 274 BBB Complaints

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