Happen Bank Personal Loan (lendingclub.com) Review 2026: Borrowers who want a wide loan size range and are comfortable comparing offers that may include a fee
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Our verdict
When we visited lendingclub.com/personal-loan, it redirected to happen.com, and the page names Happen Bank, N.A., Member FDIC (NMLS ID 167439) as the lender (as of 2026-10-02). The disclosures state an APR range of 5.96% to 35.96%, an origination or processing fee of 0.00% to 8.00% of the loan amount, amounts from $1,000 to $75,000, and terms from 24 to 84 months. The representative example is clear: a $15,262 loan over 36 months at 13.99% interest with a 6% fee of $916 gives an 18.40% APR, and the borrower receives $14,346 and pays $522 a month. The fee is the main cost to watch, since it comes out of the loan before you get the money. The low starting APR and wide size range score well on value. Rates and fees are set at application, so confirm your offer with Happen Bank.
Score breakdown
- Fees (25%)5.0/10
- Value & Returns (25%)8.0/10
- Transparency (20%)8.0/10
- Security & Trust (15%)8.0/10
- Support (15%)7.0/10
Scored per our review methodology.
Who it's for
Best for: Borrowers who want a wide loan size range and are comfortable comparing offers that may include a fee.
Pricing
APR 5.96% to 35.96%; origination or processing fee 0.00% to 8.00%; $1,000 to $75,000; 24 to 84 months (as of 2026-10-02)
| Plan | Price | Notes |
|---|---|---|
| APR range | 5.96% to 35.96% | Per Happen Bank's disclosures (as of 2026-10-02). Rates change. |
| Origination or processing fee | 0.00% to 8.00% | Of the loan amount (as of 2026-10-02). |
| Loan amounts | $1,000 to $75,000 | Per Happen Bank (as of 2026-10-02). |
| Terms | 24 to 84 months | Per Happen Bank (as of 2026-10-02). |
What the evidence says
- lendingclub.com/personal-loan returned an HTTP 308 redirect to happen.com/personal-loan?b=lc (checked 2026-10-02). (LendingClub personal loan URL (official redirect))
- APR 5.96% to 35.96%; origination/processing fee 0.00% to 8.00%; $1,000 to $75,000; 24 to 84 months; representative example $15,262, 36 months, 13.99%, 6% fee $916, 18.40% APR, $522/month; Happen Bank, N.A., Member FDIC, NMLS ID 167439 (as of 2026-10-02). (Happen Bank: Personal Loan (official))
Pros & cons
Pros
- Lowest starting APR of the lenders here, at 5.96% (as of 2026-10-02)
- Loans from $1,000 to $75,000, so small and large amounts are both covered (as of 2026-10-02)
- Clear representative example that shows how the fee reduces the amount you receive (as of 2026-10-02)
- Lender is Happen Bank, N.A., Member FDIC, NMLS ID 167439 (as of 2026-10-02)
Cons & red flags
- Origination or processing fee of up to 8.00% of the loan amount (as of 2026-10-02)
- Top APR of 35.96% is high for borrowers with weaker credit (as of 2026-10-02)
- The brand has changed: lendingclub.com/personal-loan now redirects to happen.com, which may confuse existing customers looking for LendingClub
How it compares
Happen Bank Personal Loan (lendingclub.com) scores 7.1/10 in our personal loans evaluation. See where it lands in the full ranking: Best Personal Loans of 2026.
- Wells Fargo Personal Loan review — 8.1/10, existing wells fargo checking customers who want a no origination fee loan with a long term option
- Discover Personal Loans review — 7.7/10, borrowers who want to avoid all loan fees and need $40,000 or less
Frequently asked questions
Is this the same as LendingClub?
The lendingclub.com personal loan page redirected to happen.com when we checked, and the page names Happen Bank, N.A., Member FDIC, as the lender (as of 2026-10-02).
Is there an origination fee?
There can be. Happen Bank discloses an origination or processing fee of 0.00% to 8.00% of the loan amount (as of 2026-10-02).
What does a typical loan cost?
Happen's example: $15,262 over 36 months at 13.99% interest with a 6% fee ($916) is an 18.40% APR; you receive $14,346 and pay $522 a month (as of 2026-10-02).
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