Repaying a LendingClub loan is straightforward and can be done through their website or mobile app. Borrowers can log into their account, choose the "Make a Payment" option, select their regular payment amount, and pick a payment method like debit card or bank account. Payments can be scheduled manually or set up for automatic withdrawal, making loan repayment convenient and hassle-free.
Make Payments Online Through the Bank Account
Sign Into Member Center. Log in to your LendingClub account through the Member Center.
Click "Make A Payment". Navigate to the payment section by clicking the "Make a payment" option.
Select Payment Amount. Choose the regular payment amount you'd like to pay.
Choose Payment Method. Select the "Pay by debit card" option to proceed with your debit payment.
Complete The Payment. Follow the prompts to finalize your payment and confirm the transaction.
Make Payments Through the App
Open The App. Launch the LendingClub mobile app on your device.
Log In To Your Account. Sign in using your credentials.
Go To Loans And Lines Of Credit. Navigate to the "Loans and Lines of Credit" section.
Tap "Make A Payment". Select the option to make a payment.
Choose Payment Amount. Pick the regular payment amount you want to pay.
Select Payment Method Choose your preferred payment method.
Complete The Payment. Confirm and process the payment.
Make Payments Through a Different Bank
Obtain Payment Details. Gather all necessary information, including your loan account number and the LendingClub account details where the payment should be sent.
Log in to Your Bank Account. Access your bank’s online banking portal by logging in with your credentials.
Set Up a New Payee. Navigate to the bill pay or transfer section of your bank's website. Select the option to add a new payee and enter the LendingClub payment details, including the bank account number and routing number.
Schedule the Payment. Choose the payment date and enter the amount you wish to pay. Confirm the details and schedule the payment. You can choose to make a one-time payment or set up recurring payments if your bank supports this feature.
Confirm and Track the Payment. After scheduling the payment, confirm the transaction. Keep an eye on your bank account to ensure the payment is processed and funds are deducted.
Via ATM
Locate an ATM. Find an ATM that supports loan payments. Some banks and financial institutions offer this service.
Insert Your Debit Card. Insert the debit card linked to your bank account into the ATM.
Select the Payment Option. Navigate through the ATM menu and select the option for making bill payments.
Enter Payment Details. Provide the necessary details, such as your LendingClub account number. You might also need to enter the amount you wish to pay.
Confirm and Complete the Transaction. Review the payment details for accuracy. Confirm the transaction to complete your payment.
