Jan 03, 2022 · LendingClub is a P2P lender that can offer lower interest rates and possibly give you a better chance of approval than a bank would. LendingClub offers fixedrate personal loans of 1,000 to 40,000 for either 36 months (three years) or 60 months (five years).. When you apply, LendingClub performs a soft inquiry so your credit score will not be affected by the loan .