Can I Cancel LendingClub Loan Payment at Any Time?

LendingClub does not have lock-ins or early cancellation fees for its loans. You can cancel your monthly payments anytime by paying off your loan early with no prepayment penalties or fees. However, be aware there is an origination fee charged upfront (3-6% of the loan amount) included in your loan balance. There is a 15-day grace period for payments, after which late fees may apply if payments are not made on time.

Why Do People Cancel LendingClub Loan Payment?

Undisclosed hidden fees: Customers were charged fees not clearly disclosed, leading to refund requests.Unauthorized deductions: Money taken from bank accounts without customer permission.Incorrect loan approval notifications: Being told they were approved when they were not.Double payments: Customers manually paid but were still charged auto-payments.Cancellation difficulties: Needing to call and cancel autopayments before a deadline, with some facing errors in cancellation processing.Delayed loan closure: Issues in loan cancellation submissions causing delays and credit reporting impacts.Payment scheduling errors: Leading to double charges and late fees.Financial hardship: Customers seeking cancellation or payment plans due to inability to pay.Loan refund requests: Customers wanting to cancel funded loans within the allowed time frames to avoid interest or because they no longer need the funds.Concerns over unauthorized loan applications: Complaints about loans being applied for without consent.Customer service challenges: Difficulties reaching LendingClub or resolving payment/cancellation issues.

What Information Do I Need to Cancel LendingClub Loan Payment?

First NameLast NamePhone NumberEmail AddressUsernamePasswordBilling AddressCityState/Province/RegionZIP/Postal CodeCountryReason for CancellationLast 4 Digits of Card (used for payment)Date of Last ChargeAmount of Last Charge

What Should I Know Before Cancelling LendingClub Loan Payment?

Before cancelling a LendingClub loan payment or subscription, it's important to know that once a loan is funded, there is a limited time frame to cancel depending on the loan type. For personal loans and lines of credit, you must call within 5 calendar days of funding to cancel. If you cancel autopay, you need to arrange another way to make your monthly payments to avoid late fees and credit score damage. Also, if you cancel, be prepared to keep sufficient funds in your account as LendingClub may attempt to withdraw owed payments within 5–7 business days. Canceling may mean losing access to automatic payment convenience and could risk late payments if you don't manage your payments manually.

What is LendingClub Loan Payment's Cancellation Policy?

LendingClub allows cancellation of loan applications by calling their support immediately. For funded loans, cancellation must occur within specific time frames depending on loan type, typically within 5 calendar days for personal loans; refunds within 30 days may be required to avoid interest, and partial or late refunds may incur interest. Different loan types have specific contacts and requirements for cancellation and refund.

Do I Need My LendingClub Loan Payment Password to Cancel?

To cancel your LendingClub Loan Payment subscription, you do not necessarily need your password if you choose to cancel via phone. For CleanSweep autopay, you can call 833-571-3478 from Monday to Friday between 5am to 2pm Pacific Time, or for a personal loan autopay cancellation, call 844-227-5011. However, if you prefer to manage your subscription online and need to reset your password, you can do so at LendingClub's password reset page here: https://www.lendingclub.com/auth/resetPassword/entry.

Can I Get a Refund from LendingClub Loan Payment?

We've actually written a step by step guide on how to get a refund from LendingClub Loan Payment. Check it out!

Get Chargeback

Home

Get Chargeback

How To Cancel Your LendingClub Loan Payment Subscription (2025)

Bella Khan, Subscription Cancellation Expert

Published July 10, 2025

Last updated on December 26, 2025

5 min read

Difficulty

12345678910

Easy Medium Very Hard

The cancellation process requires the user to call a specific customer service number to cancel autopay for the loan, which is straightforward but involves a phone call rather than an instant online cancellation.

Estimated Time

On average, it takes 00 15 minutes to cancel a LendingClub Loan Payment subscription.

How to Contact LendingClub Loan Payment

If you need assistance, here's how you can get in touch with LendingClub Loan Payment's support team.

Phone

The phone is not available.

The email is not available.

Site

The site is not available.

Disclaimer

Chargeback is an independent consumer resource that provides educational information to help users understand how to cancel, manage, or request refunds for various subscriptions. We are not affiliated with, endorsed by, or sponsored by any of the companies mentioned on this site. All trademarks, logos, and brand names are the property of their respective owners.

The information we provide is based on publicly available sources and user reports and may contain inaccuracies or become outdated over time. Our guides are intended for general informational purposes only and should not be relied upon as official company instructions or legal advice.

Consumers are solely responsible for reviewing their own contracts, terms of service, and refund or cancellation obligations before taking any action. Nothing on this site should be interpreted as legal, financial, or contractual guidance.

Chargeback does not encourage or condone disputing valid charges, misrepresenting transactions, or taking any action that could violate a company's terms, service agreement, or applicable laws. We promote fair, transparent, and lawful communication between consumers and businesses.

Find out how much you could save

How much are you paying?

Payment frequency

Savings over 5 years from cancelling your $15/month subscription

Savings by cancelling

Loss if you keep paying

-$0

What People Say About LendingClub Loan Payment

0 reviews

Have you used LendingClub Loan Payment? Share your
experience by leaving a review.

LendingClub Loan Payment Refund Policy

Loading pricing information...

Frequently Asked Questions

The cancellation process typically takes about 15 minutes to complete. However, the actual time may vary depending on your account settings and whether you need to contact customer service. Most cancellations are processed immediately, but some may take up to 24 hours to take effect.

After canceling your LendingClub Loan Payment subscription, you'll typically have access to the service until the end of your current billing period. You won't be charged for the next billing cycle, and your account will be deactivated once the current period ends. Make sure to download any important data before cancellation.

Yes, you can usually reactivate your LendingClub Loan Payment account by logging back into your account and resubscribing. However, you may need to go through the sign-up process again and provide payment information. Some services may offer special reactivation deals for returning customers.

If you're unable to cancel LendingClub Loan Payment online, contact their customer service directly using the phone number, email, or website provided above. You can also use our refund script to help you communicate effectively with their support team. In some cases, you may need to provide additional verification or documentation.