How Long Does It Take Lending Club To Review Documents?
Once you've uploaded all the documents we've requested, you'll see a status update that your documents are in review. If we need additional information while your application is in review, we'll reach out to you by phone or email. It usually takes about two business days for us to review your documents.
To process your loan, we may need to confirm your income matches what was on your application. If this happens, we'll ask you to submit documents like recent pay stubs or bank statements through your To-Do List. Your employer might also be contacted for more information.
Confirming your income - LendingClub
How long does loan application review take?
FAQs. Getting your pre-approval letter could take anywhere from a few days to a few weeks. On average, it usually takes less than 10 days. If you have everything in order, and your credit is good, you can get it in 1 or 2 days.
How long will it take to get your mortgage approved?
How long is Lending Club final review?
In most cases, you shouldn't have to wait too long for LendingClub's review to finish. A typical loan takes 7 business days or fewer from the application date to receipt of the funds. But in some cases, you might have to wait more than a week and a half for your final decision.
How Long Does LendingClub Take to Deposit Money? - WalletHub
Is Lending Club hard to get approved?
Low Credit Score: The LendingClub credit score has a minimum acceptance of 600. Of course, the interest rate might not be ideal with that score, but it might be a good deal for borrowers with so-so credit who usually have to settle for subprime offers.
Lending Club Review: How it Works, Requirements and Alternatives