How to Cancel LendingClub Loan Payment on LendingClub
1 - Contact LendingClub Customer Service: If you want to cancel your loan or CleanSweep account, you need to reach out to their customer support.
2 - For Personal Loans and Lines of Credit:
Call 844-557-2551, Monday through Friday from 5 am – 5 pm Pacific Time.
3 - You must call within 5 calendar days after the loan was funded.
4 - For Balance Transfer Loans:
Call 844-557-2551 to cancel your balance transfer loan.
5 - You will need to ensure funds are in your account within 30 days from when the loan is issued.
6 - For Auto Refinance Loans:
Call 888-845-0010, Monday through Friday from 6 am – 5 pm Pacific Time.
7 - You have 10 calendar days from the day you call to return the funds if they have been sent to your previous lender.
8 - For LendingClub Patient Solutions Loans:
Call 800-630-1663, Monday through Friday from 6 am – 5 pm Pacific Time.
9 - To waive your interest, you need to refund the full loan amount within 30 days of funding.
10 - To Cancel Autopay for CleanSweep:
Call 833-571-3478, Monday through Friday from 5 am to 2 pm Pacific Time.
LendingClub offers personal loans, auto refinancing, patient solutions, and business loans. They make paying back your loan easy with options like automatic payments you can set up when you apply, or one-time payments by check, card, phone, or other methods. You usually start paying one month after you get the loan, and you can manage or change your payments online anytime. There's no penalty for paying off your loan early or making extra payments, which gives you flexibility to pay in a way that works best for you.
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 15 minutes0015 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.
Savings over 5 years from cancelling your $15/month subscription
Savings by cancelling
$0
vs
Loss if you keep paying
-$0
$800
$600
$400
$200
$0
Years
Tips and Tricks for Getting a LendingClub Loan Payment Refund
Contact LendingClub immediately after noticing the loan approval or fund disbursement to request cancellation before funds are withdrawn.
Call their customer service promptly, as cancellations often require direct phone conversations, preferably within 5 calendar days of loan funding.
Use polite but firm language emphasizing your financial hardship or mistake in loan acceptance to elicit understanding and quicker resolution.
Ask clearly for "loan rescission" or "cancellation of loan disbursement" to indicate your clear intent and differentiate from other requests.
Be prepared that any funds already deposited may be reclaimed, so arrange to return them quickly to close the loan account.
Document every interaction including dates, times, and representative names to escalate effectively if needed.
If facing refusal or delays, escalate politely to supervisors or managers during calls for higher-level intervention.
Timing is critical—cancellations are most successful if done before or very shortly after disbursement.
Following up within a week can confirm account closure and avoid accidental future billing.
Check for any fees or service charges mentioned during cancellation to avoid surprises.
Why Do People Request Refunds from 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.
LendingClub Loan Payment Refund Script
Script
Copy
Dear LendingClub Loan Payment, Support, I hope this message finds you well. I am writing to request a refund due to a billing issue that arose recently. I noticed an accidental charge on my account that I do not recognize, and I believe it may have been a mistake. I would greatly appreciate your assistance in processing this refund at your earliest convenience. Thank you for your attention to this matter. I look forward to your prompt response. Best regards,
What People Say About LendingClub Loan Payment
0
0 reviews
Have you used LendingClub Loan Payment? Share your experience by leaving a review.
LendingClub Loan Payment Refund 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.
Get help with your refund
"This app saved me $127 in minutes"
The Easiest Way to Get a LendingClub Loan Payment Refund
If you’re frustrated trying to cancel your subscription, membership, or bill from LendingClub Loan Payment—or if you didn’t even realize you were being charged—Chargeback can help. Chargeback is a personal subscription manager that automatically detects hidden, recurring charges like Netflix, Hulu, and hundreds of others. With one click, we can cancel unwanted subscriptions, flag suspicious billing, and even initiate refund requests on your behalf. No more waiting on hold or navigating confusing help pages. Just connect your bank or email account, and we’ll take care of the rest.
Loading pricing information...
Frequently Asked Questions
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.
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.
First Name
Last Name
Phone Number
Email Address
Username
Password
Billing Address
City
State/Province/Region
ZIP/Postal Code
Country
Reason for Cancellation
Last 4 Digits of Card (used for payment)
Date of Last Charge
Amount of Last Charge
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.
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.
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.
We've actually written a step by step guide on how to get a refund from LendingClub Loan Payment. Check it out!
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.
Editorial Note: The content on this site is provided for general informational purposes only and reflects the independent research, opinions, and editorial judgment of Chargeback's team. While we strive to ensure accuracy and relevance, the information may contain errors, omissions, or become outdated. Nothing on this site constitutes legal, financial, or professional advice, and we do not guarantee the effectiveness or outcome of any guidance provided. Individual results may
vary depending on specific circumstances.
Chargeback is not affiliated with, endorsed by, or sponsored by any of the companies, brands, or services mentioned on this site. All trademarks, service marks, and logos are the property of their respective owners and are used here solely for identification and informational purposes, consistent with principles of fair use.
Use of our site and tools does not create a professional or client relationship and does not guarantee any particular result. We encourage users to do their own research and consult with qualified professionals when making decisions.
Bella
★★★★★
✓487 subscriptions cancelled
✓LendingClub Loan Payment Cancellation Expert
6 cancellation experts online right now
Chargeback and the Chargeback trademarks used herein are trademarks or registered
trademarks of Chargeback and its affiliates. The use of any other trade name, copyright, or trademark is
for identification and reference purposes only and does not imply any association with the copyright or
trademark holder of their product or brand. Other product and company names mentioned herein are the
property of their respective owners.
¹ Total savings is calculated based on internal annualized estimates of
savings for customers. ² Average requests times may vary depending on volume of requests
.svg)
.svg)
.svg)
.svg)
.png)
Comments (0)