You can use a TopUp™ loan for almost anything! LendingClub members use TopUp loans to pay off credit cards at a lower rate, consolidate debt, or take care of unexpected expenses. You cannot use a TopUp loan for anything related to education after high school, investing (such as securities or cryptocurrency), or funding illegal activities.
How can I use my TopUp loan?
Additional Before You Apply FAQ
Keep more of what you earn and earn more on what you save.
Check your rate. It won’t impact your credit score.2
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Related FAQ's
Yes, the TopUp™ loan requires a minimum extra cash amount for each new loan request.
Your maximum borrowing amount is based on your current loan's balance and your individual credit profile.
Related Glossary
{noun} A type of credit that allows the borrower to make charges and payments against a set borrowing limit, paying interest only on outstanding balances.
{noun} The total annual cost to borrow money, including fees, expressed as a percentage.
{noun} The amount of unpaid interest that has accumulated as of a specific date, either on a loan or an interest-bearing account or investment.
A debt that is written off as a loss because the financial institution or creditor believes it is no longer collectible due to a substantial period of nonpayment.
{noun} An interest rate that remains the same for a set time, usually for the life of the loan.
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