How long does it take to get money from lending club?

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asked Oct 18, 2019 in Other-Finance by stromdell (620 points)
How long does it take to get money from lending club?

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answered Oct 19, 2019 by Adf289 (58,200 points)
To get a lending club loan and get the money from lending club takes between 7 to 10 days depending on how much work they have to do to get you approved for the loan.

When you apply for a lending club loan the whole process of applying, approval and funding takes at least 7 days before you get the money.

Sometimes it can take up to 14 days to get the money from a lending club loan deposited into your bank account but sometimes it's sooner.

If you've been approved you should have the money in your bank account within the 14 days but for me it took only 7 days to get the money into my bank account from the lending club loan application.

After you apply for a lending club loan it has to be finalized and backed by investors and you should have the money within the 7 to 14 days.

But if not then you should contact lending club to find out what is going on.

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