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Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

lendingclub.com

Did any one try for a loan at lendingclub.com?They say a min of 660 Fico Scores.  I wonder what credit bureau they pull.
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

Re: lendingclub.com

I checked. They seem to pull TU.
Moderator Emeritus
fused
Posts: 16,373
Registered: ‎03-12-2007
0

Re: lendingclub.com

Yes, I can confirm that they pull your TU FICO.
Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1

Valued Contributor
nyccc2
Posts: 1,195
Registered: ‎12-13-2007
0

Re: lendingclub.com

My TU is currently 708, but utilization is high (listed as 50%, if anyone did the math on AUs they'd see it was closer to 80%).  I've been turned down by CC's for Utilization/Inqs, is LendlingCLub similar?

 

What other documentation do they require?

MyFico Scores (TU/Exp/Efx):

11/02/08 696 / 695/ 737- 5/4/08: 667 / 703 / 668 - 11/07 Low 500s All (Fako)
Super Contributor
concorduser
Posts: 6,026
Registered: ‎09-18-2007
0

Re: lendingclub.com


nyccc2 wrote:

My TU is currently 708, but utilization is high (listed as 50%, if anyone did the math on AUs they'd see it was closer to 80%).  I've been turned down by CC's for Utilization/Inqs, is LendlingCLub similar?

 

What other documentation do they require?


 

Check out their website. They explain all the details. I dont think they like more than 10-25% util.
Moderator Emeritus
fused
Posts: 16,373
Registered: ‎03-12-2007
0

Re: lendingclub.com

Lending club does not offer CCs, they underwrite unsecured installment loans.
Credit Profile -
FICO 08 Scores (11-08-2014): EQ 818, EX 817, TU 822
All three scores were 850. Lost points for not having an open installment TL. So, BE WARNED!!!!!
Credit History: 26+ years ~ AAoA: 12 years ~ Util: 1% ~ Inqs: EX 1

Valued Member
ebss
Posts: 29
Registered: ‎03-18-2009
0

Re: lendingclub.com

Does this loan from lending club even report to TU after it is taken out, or only if you default on the loan then they report.
Senior Contributor
txjohn
Posts: 4,214
Registered: ‎09-12-2008
0

Re: lendingclub.com

I cannot say for sure on lendingclub.com, but my loan from PertuityDirect.com (another social / peer to peer lender) has yet to report the loan to my CR, only the inquiry shows so far.  However, my loan is only 6 weeks old and only 1 payment made the end of last month.

 

PertuityDirect only pulled my EX. 

Credit Scoring 101 - Tuscani   *  Guide to Common Abbreviations
Frequently Requested Threads * FICO High Achievers  *  FICO Score Estimator


09/03/2009 TU: 777, EQ: 776 ($8 balance on an account dropped me out of 780's)
03/28/2009 TU: 814, EQ: 810, EX: 781 (02/12/2009)
05/18/2005 TU: 563, EQ: 580, EX: 549

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