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O/T Lending club experience

whatwasithinkin's picture

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

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.