You are here

O/T Lending club experience

whatwasithinkin's picture

Submitted by whatwasithinkin on Mon, 12/02/2013 - 7:37am

Has anyone ever used The Lending Club?

DH and I never looked at each others bills when we moved in together. He paid his I paid mine.

We have not looked at our finances and found that we share several credit cards in common.

So in other words if I have a Citi Bank card and am paying 21% interest. He has a Citi Bank Card and is paying 21% interest too. So Citi Bank loves us because we are getting double banged for interest. Looking to consolidate. (NOT ENOUGH EQUITY IN THE HOUSE TO PULL)

I like the idea of this company and how it works and their interest rates, but wondering if anyone has personal experience with them

Comments

omgsaveme's picture

Submitted by omgsaveme on Mon, 12/02/2013 - 9:54am

I haven't used them myself but have read about them on another forum Im on. I would say to try it, they Soft pull for your initial application and then only pull a hard inquiry when you are approved for a loan. Ive heard great things where people had loans funded in less than a day and some have taken longer or not funded at all.

DH and I are definitely going to try it ourselves. Let me know how it goes if you go through with it.