Is Lending Club friendly to Bankruptcies?

[Anonymous]

Hi, not sure what category to post this under but just wondering if anyone here has ever been approved for a loan from lending club with a bankruptcy on your report?

[Misses_November]

Did you do the pre-approval link that they offer?

[Anonymous]

Not yet because I'm waiting for a payoff to update to my credit so my score goes up. Not sure if it matters for the preapproval. 

[tussking]

I am 45 months post BK7 and was approved for $38k at 8%.

[Anonymous]

Oh wow that's great. My bankruptcy ch 7 is very fresh (discharged Nov 2019) so I'm hesitant to even apply. I got my score up to 650 and I'm mostly just trying for a $5k loan. 

[FireMedic1]

May we ask why a loan already out of BK. Trying to build credit?

[Anonymous]

I could def use the loan but also to build credit. 

[kaylord84]

I was 8 months post Chapter 7 discharge when I was approved for $12,000

[Anonymous]

That makes me a little hopeful. Credit karma continuously suggest secured credit cards and sub prime credit cards so I have my concerns about what I'll be able to do with my scores where they are but hoping for a boost once this payoff updates. I am happy to hear that they aren't against bankruptcies though. 

[kaylord84]

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@Anonymous wrote:

That makes me a little hopeful. Credit karma continuously suggest secured credit cards and sub prime credit cards so I have my concerns about what I'll be able to do with my scores where they are but hoping for a boost once this payoff updates. I am happy to hear that they aren't against bankruptcies though. 

Y

you should be good . My scores were similar to yours at the time they pulled TU my score was 614. I just paid the remaining balance of my loan last week I had about 6 more payments left but wanted to get it out of the way

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