If your car payment feels too high and you’ve improved your credit score since you took out your auto loan, refinancing may be a smart option for you.
LendingClub offers auto loan refinancing with no origination fees and no prepayment penalties to qualified borrowers and has a straightforward application process.
LendingClub has been around since 2007 and has been a major player in the peer-to-peer lending marketplace; it matches borrowers with investors for a mutually beneficial relationship. Borrowers can get the capital they need, and investors can earn money on their loan.
According to the company’s website, LendingClub is committed to leveling the playing field so everyone can access a better financial future. The company aims to do this by keeping costs low and providing access to credit through easy-to-use technology.
LendingClub, while most…