LendingClub Personal Loan
LendingClub
Expert VerdictLendingClub is a solid online personal loan option if you want fixed payments and broad use cases, with $1,000 to $60,000 loans, 24 to 84 month terms, and APRs from 6.53% to 35.99%.
Best for
Borrowers who want flexible loan purposes and a fixed-rate online lender with mid-range to large loan sizes.
| Pros | Cons |
|---|---|
| Borrow from $1,000 to $60,000 | Origination fee can reach 8% |
| Terms from 24 to 84 months | Rates can climb to 35.99% APR |
| Funding can arrive in as little as 24 hours after approval | Territory availability language is less explicit than SoFi’s Puerto Rico guidance |
