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Can Members Change Their Due Date?

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A member may change their due date. Loans with LendingClub Bank have due dates automatically set to the day of the month the loan was issued.

To make it easy for members, we allow them to move their due date earlier or later by 15 days. This allows members to adjust the due date to what works for them—for example, to balance their loan payment with other monthly bills or to better align with a payday.

Flexible due dates also benefit investors because members are more likely to pay their loans on time every month.

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Unless otherwise specified, all credit and deposit products are provided by LendingClub Bank, N.A., Member FDIC, Equal Housing Lender (“LendingClub Bank”), a wholly-owned subsidiary of LendingClub Corporation, NMLS ID 167439. Credit products are subject to credit approval and may be subject to sufficient investor commitment. Credit union membership may be required. Deposit accounts are subject to approval. Deposit products are FDIC-insured up to $250,000 per depositor, per ownership category.

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