I firmly alert against drawing in with LendingClub, as my experience proposes they work as a trick organization. Be careful about any contribution, as it might bring about monetary misfortune and negative outcomes.
I've gotten my cash back and that was just way I could go about it. I found support from. (I Involved THEIR Site URL AS MY Showcase NAME AND PROFILE PICTURE ON THIS Audit INCASE YOU Want Assistance AND Believe Should Connect with THEM).
Note: I did this on account of the severe arrangement here and truly I simply need to help whatever number individuals as would be prudent to get their cash back.
I had a joint account with my daughter that I would occasionally cash checks with. It used to be called Radius bank. I had no problems when it was Radius bank. Then LendingClub comes along and closed my account. I had $11 in my account. It disappeared. Poof, apparently into the pocket of some greedy bank worker or bank owner. Yes, sure, most people would say it was only $11. Number 1 - it was not your money. Did you earn it? Number 2 - if the greedy bank workers/bank owners stole $11 from every single one of their customers, it would add up to a nice pile of free and easy money for them. I am picturing Scrooge McDuck right about now. I just wanted to share my experience and tell others to be careful.
They have tied up my money for review and even when I sent documents they did not review. Made 6 calls to customer service and everyone gives me different answers, so having to resend all docs again. This has been going on for over 2 weeks so no access to my money. They want send it back to the original account or nothing. Getting run around, I would not recommend anyone deposit money here.
I have been paying off a small loan with Lending Club for over a year now. I kept receiving notifications that I qualify for a second load. So, I finally decided to do so and they said I don't qualify. Therefore my credit dropped a few points because they re-ran the process and now I can't apply for anything with Lending Club. As soon as my loan is paid off, it will be the last time I work with this company. You would think they would lean more towards their customers who never miss a payment, but I was wrong. My point is, if they are sending you offers and qualifying emails, don't re-apply for a second loan, 99% or the time it will be denied.
Lending Club is a better and more efficient way to reduce your debt. For example, say an individual has borrowed a $50,000 credit line and is paying 15% interest each month. Lending Club will lend the borrower $0 - $50,000 to honor the original debtor and instead, sign the borrower on a more affordable interest rate than 15%. The interest rate under Lending Club, on $50,000 loan, could be 10% less than banks and private lenders require.
Borrowers should be aware that Lending Club will pull your credit file from one of the 3 major credit bureaus. This helps them to determine your identity and credit worthiness.
Borrowers should be aware that Lending Club is qualified to use best debt collecting practices on default loans.
Borrowers should be aware that any default will lead to a negative credit rating and monthly reporting.
Lending Club is a great way to get a loan that is cheaper than other places and it's also a great way to make more money on an investment than you might otherwise. Is Lending Club the future of finance? Maybe... will have to see what long-term default rates are and if fraud is a problem.
The lending club is supposedly the future of banking. I read about the lending club on Forbes and they made it seem as it was potentially going to take over the banking industry. The problem is that you still have to qualify for a loan and they seem to be ever harder to find a loan from than a bank. The rates are lower though by a few points, which adds up. Once you have one loan, it is harder to get a second loan so the problem with going with the lending club is that you have to make sure you can actually qualify for enough of a loan or you may be better off having more access to future funds through a bank.
Dont waste your time with these bozo's... I'll never bother with them again. I wanted to re-finance my autoloan that CapitalOne set at 8.4%, these bozo's quoted me a higher rate, then pestered me with emails claiming I would save it if went with them. What a joke.
Have had several loans from LendingClub and great experiences with each one! Friendly, prompt, and easy with low interest rates enabled us to complete our financial plans successfully.
I have been trading with this platform since and I have never been scam until now I can't withdraw all my assets they took all my money not until I get I touch with the help of a web LÊGALRECOV.COM AMD GOT ALL MY MONEY
LendingClub has a rating of 2 stars from 13 reviews, indicating that most customers are generally dissatisfied with their purchases. LendingClub ranks 73rd among Crowd Funding sites.