Are you curious to learn more about an online loan service that is that is discussed by financial community? If yes, then you’re on the right page to find out more information about it.

People from all over the United States are searching for loans that will take less time to take to. A lot of people were financially impacted by the epidemic and the lockdown that was triggered by it. Go through this article, without skipping the words to gain the complete picture of It is a legitimate site.

The LendingClub Story

LendingClub is an institution of finance based located in San Francisco that provides peer-to-peer loan services to its clients. The company was established at the end of 2006 by Scott Sanborn and is a publicly traded company that trades on the NYSE under the name LC. LendingClub is also among the leading lending institutions around the world.

The primary source of revenue was the origination charge which was paid by the borrowers as well as the service fee paid by investors. In the year 2020, LendingClub announced that it would be closing down of its platform which offers peer-to peer lending services. LendingClub also made an important decision to acquire Radius Bank. Legit

  • Myinstantoffer, a service offered by LendingClub is the primary source for traffic to the website.
  • This lending procedure is legitimate and secure, and customers are happy with the service offered by the firm.
  • The trust score for the website is 86%. This is an excellent score that proves the credibility of the site. The domain’s age is higher than 9 years this is another metric which indicates that the site is trustworthy.
  • The amount of the loan available to customers ranges from $1,000 to $40,000.
  • The entire process, including approval and payment, can be completed within 7 business days.

Lending Approval Eligibility

  • WebBank offers all loans that are offered by MyInstantOffer. Find out more about It is a legitimate site.
  • An applicant should have 600 points on their credit report and a minimum of three years of credit history and not more than 40% ratio of debt to income on one application.
  • To qualify for a joint loan at least one borrower needs to be able to show a minimum credit score in the range of 600 and the borrower who is not eligible can be a credit-worthy person until at least 540.


Do you think that taking out a loan with LendingClub impact your credit score?

1: Yes, your credit score won’t be affected by the needing to take out the loan. The repayment should be paid on time to avoid any additional fees and maintain a positive credit score. Learn more about It is a legitimate site.

Q2: Is there a mobile app for LendingClub?

A2 The answer is no, LendingClub doesn’t have any mobile apps as of yet. The official website works with mobile browsers that work on equally Android and iOS devices.

What is the length of time will it take to approve a loan?

A3 The loan approval process can take anywhere from seven to seven days.


People are drawn to quick loans since the usual procedure for obtaining loans at banks and financial institutions can be long and time-consuming.

Have you checked the authenticity of any online instant loans like legitimate? If yes, leave your honest opinion below.