Lending Club Instant Offer
This is a prequalified offer from Lending Club for a personal loan. Rates will vary and differ per customer. LendingClub’s My Instant Offer service matches borrowers with investors.
In fact, Lending Club is nothing but a peer-to-peer company, a broker that helps investors and potential borrowers find each other. It’s a place where investors provide loans for business or personal use. As for the loan range and APRs, the amount of money a borrower can loan ranges from one thousand US dollars to forty thousand US dollars.
And if we look at the APRs, they also may vary and the range is between 8.30 percent and 36.00 percent. The minimum credit score that borrowers need to have is 600. If your score is lower, you won’t be able to get a loan from this company. And it takes two days maximum for the borrowers to receive the funds.
Simply visit myinstantoffer.com to apply.
All loans made by WebBank, Member FDIC.
Myinstantoffer Login
Logging into Myinstantoffer is quite easy if you’re already a member of the LendingClub. Go to the Myinstantoffer official website, and click the ‘Sign In’ button on the upper-right side of the page. Then, depending on what you need, choose the corresponding option. For example, if you want to loan some money, click on ‘Loan Account’, if It’s online banking you’re interested in, click the respective button.
And if you’re here for investing, click the ‘Investors’ button to see what options the company has to offer. Depending on which option you chose, the next page may vary a bit. But, all you have to do once you’re there is submit your ID details, such as your email address and password and give the website a moment to process it.
My Instant Offer from Lending Club Review
- Lets take a deep dive into Lending Club personal loans (loans can range from $1,000 to $40,000)
- comrequires the personal funding code to apply
- A personal loan from Lending Club may be a good idea if the applicant has a good credit score, annual income of $79,00, and a low debt-to-income ratio
- All loans made via the MyInstantOfferpromotional letter are issued by WebBank (a Utah-chartered Industrial Bank)
The MyInstant Offer Code promotional offer is open to legal residents of the United States who are 18 years of age or older.
In order to apply please visit myinstantoffer.com and provide the RSVP Code from the offer.
The RSVP Code will be 12 digits long and consist of both numbers and letters.
Applicants who would like to apply over the phone can dial toll-free 855-363-4151.
MyInstantOffer.com Highlights and Lowlights
- Requires a minimum credit score of 600, a minimum credit history of 3 years, and a Debt-to-income ratio of less than 40% for single applications
- Borrowers who can show a hardship are allowed to make interest-only payments for three months (giving them time to get their head back above water)
- In order to qualify for the joint loan, one borrower has to have a score of 600 and above, while the other borrower can have a credit score as low as 540
Other Personal Loans Options
- Prosper (minimum credit score of 640 to apply)
- SoFi (minimum credit score of 660 to apply)
- Discover Personal Loan
Any questions in regards to a pending application associated with myinstantoffer.com can be directed to toll-free 1-888-596-3157 between the hours of 8 am to 7 pm PT Monday to Friday.
Lending Club was founded in 2007 and is headquartered in San Francisco, California at 71 Stevenson St., Suite 1000, San Francisco, CA 94105.
Consumers looking to reach out to the Lending Club corporate office can dial 415-632-5600.
Sources
FAQ
Is Myinstantoffer com legit?
The lending process of My Instant Offer is very clean and it's legit. Their method of application is super easy and they even accept the joint application. The company has a good rating from the Better Business Bureau (BBB) and they protect how much you are getting from them and your privacy.
What is the lending club scandal?
LendingClub was founded in 2007 and is a peer-to-peer lender; consumers can take out loans of up to ,000 (£27,654), supplied by a third party, that are then packaged up and sold to institutional investors who want to receive the stream of interest payments in return.
How does Lending Club affect your credit?
No, checking your rate and applying for a loan through LendingClub won't affect your credit score. If we're unable to offer you access to a loan, your credit score will not be impacted. You'll be able to see the soft credit inquiries, but these won't be visible to creditors or other users of your credit report.
How long does it take Lending Club to review a loan?
The whole application, approval, and funding process takes on average 2 business days. In some cases, it can take a little longer. Once a loan is approved and backed by investors, the funds are electronically deposited into your bank account. Depending on your bank, this can take a few days.
Does Lending Club have an app?
Borrowers using LendingClub don't have an app just yet. Access your LendingClub investor account through a convenient experience optimized for your mobile device. The app was just launched for iOS and Android, but LendingClub is already planning to add more features.
How can I get a personal loan fast?
5 ways to borrow when you need money fastStart with LendingTree. Look for personal lenders with fast approval. Ask for a loan from a friend or family member. Get a cash advance or use a credit card. Try a secured loan. Payday loans. Advance-fee loans. Car title loan.Feb 15, 2021studentloanhero.com › featured › quick-personal-loans-money-fastHow to Get Quick Personal Loans If You Need a Loan Now | Student ...studentloanhero.com › featured › quick-personal-loans-money-fast
A Pre-Approval Code. What is it?
After you submit a loan application, you will get a 12-digit code. That’s exactly what a pre-approval code is. It’s automatically sent out by the company’s website.
My loan is not approved, what will happen next?
The lender will send you a letter explaining why they didn’t approve your loan. You may try again, but it would be best to figure out exactly why you’re not eligible for a loan at this company. You can reach out to the company’s customer support and ask them to break it down for you.
Is a denied loan going to affect my credit score?
No, denied loans do not affect your credit score – there’s nothing to worry about. As mentioned, you’ll get a letter from the lender, and that’s it. You are free to send as many loan requests as you want and the negative responses by the Lending Club won’t hurt your credit score in any way.
