LendingClub (now Happen Bank)
US online bank, formerly LendingClub, known for personal loans plus checking and savings.
Updated · AppBreakup editorial · Web, iOS, Android
Is LendingClub (now Happen Bank) free?
No, it's a paid product
3 alternatives with a free optionSwitch from LendingClub (now Happen Bank) to
All 5
ProsperPaid
Best EggPaid
Credit KarmaFree
- Verified facts
- 5 of 5
- Alternatives ranked
- 5
- Approved reviews
- 0
- Visits sent from here
- 0
About LendingClub (now Happen Bank)
LendingClub started as a peer-to-peer lending marketplace and later became a chartered bank; it has since renamed itself Happen Bank, and lendingclub.com now shows the new brand. Its core product is still the unsecured personal loan, used for credit card refinancing, debt consolidation, home improvement and large purchases. You can check your rate with a soft credit pull that does not affect your score, pick an offer, and in many cases get offers within a minute; it can also pay your credit card companies directly for balance transfers. Loans range from $1,000 to $75,000 over two to seven years, with APRs that include an origination fee for most borrowers. The bank also offers LevelUp checking and savings accounts, CDs, auto refinancing and business financing, with a mobile app on iOS and Android. It suits US borrowers with fair to good credit who want an online lender that also handles everyday banking.
Best for: US borrowers consolidating credit card debt who also want an online savings or checking account.
LendingClub (now Happen Bank) pricing (checked Nov 8, 2026)
Each line is quoted from LendingClub (now Happen Bank)'s own site, with the page it came from.
| Plan or term | What it says | Checked | Source |
|---|---|---|---|
| Loan amounts | $1,000–$75,000 | Nov 8, 2026 | lendingclub.com |
Pros and cons
What works
- Rate check uses a soft pull with no effect on your credit score
- Can pay credit card issuers directly for balance transfers
- Wide loan range, from $1,000 up to $75,000
- Checking, savings and CDs from the same bank
Why people leave
- Most loans carry an origination fee of up to 8% of the amount
- Top APRs reach the mid-30s for weaker credit
- The rename to Happen Bank may confuse people searching for LendingClub
LendingClub (now Happen Bank) vs Prosper, Best Egg and Credit Karma
From each app's listing and the prices verified on its own site. A dash means we haven't verified it yet.
| Attribute | LendingClub (now Happen Bank) | Prosper | Best Egg | Credit Karma |
|---|---|---|---|---|
| Pricing | Paid | Paid | Paid | Free |
| Verified price | — | — | — | — |
| Free plan | No | No | No | Free app |
| Open source | No | No | No | No |
| Self-hostable | No | No | No | No |
| Platforms | Web, iOS, Android | Web | Web, iOS, Android | Web, iOS, Android |
Top LendingClub (now Happen Bank) alternatives
See all 5- 1Prosper68.8
Another long-running online personal lender, with loans up to $50,000 and no prepayment penalty.
- 2Best Egg57.5
Unsecured personal loans aimed at debt consolidation, with a quick online rate check that doesn't hurt your credit score.
- 3Credit Karma54.4
Free credit scores plus personal loan offers from many lenders, so you can compare before applying.
- 4
Bankrate52.6Compare personal loan rates across lenders before committing to one.
- 5
Capital One51.2For the banking side: fee-free checking and savings from a large bank with branches.
Why people left LendingClub (now Happen Bank)
In reviewers' own words, from reviews of the apps they moved to. These are their opinions, not ours.
No switching stories yet. If you moved away from LendingClub (now Happen Bank), review the app you switched to and tell us why.
Reviews
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LendingClub (now Happen Bank): common questions
What is LendingClub (now Happen Bank)?
LendingClub (now Happen Bank): US online bank, formerly LendingClub, known for personal loans plus checking and savings. Best for US borrowers consolidating credit card debt who also want an online savings or checking account. Available for Web, iOS and Android.
Is LendingClub (now Happen Bank) free?
No, LendingClub (now Happen Bank) is a paid product.
How much does LendingClub (now Happen Bank) cost?
LendingClub (now Happen Bank) is a paid product. Loan amounts: $1,000–$75,000. Checked on LendingClub (now Happen Bank)'s own site, November 2026.
Is LendingClub (now Happen Bank) open source?
No, LendingClub (now Happen Bank) is not open source.
What platforms does LendingClub (now Happen Bank) run on?
LendingClub (now Happen Bank) is available for Web, iOS and Android.
What are the best alternatives to LendingClub (now Happen Bank)?
The highest-ranked LendingClub (now Happen Bank) alternatives right now are Prosper, Best Egg and Credit Karma. See the full ranked list for pricing, platforms and verified facts.
LendingClub (now Happen Bank) vs Prosper: what's the difference?
Both LendingClub (now Happen Bank) and Prosper are paid products. Only LendingClub (now Happen Bank) runs on iOS and Android.