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What rates and fees will I pay Lending Club?

As a borrower, you'll pay an origination fee between 1.00% and 6.00%* of the loan amount, depending on your loan grade (A1-G5), which is based on the credit rating. View our Rates and Fees.

For example, if you receive a $6,000 36-month loan at an interest rate of 6.97% with a 3.5% origination fee of $210.00, you'll receive a loan amount of $5,790.00 and will make 36 monthly payments of approximately $185.18 at an 9.39% APR. 

You can pre-pay the full loan amount without any fees or penalties. Lending Club may assess late fees and other charges if you don't make your monthly loan payments on time (these fees and penalties are defined in the Loan Agreement).

Click here to apply for a loan.

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