Yes, it is fairly easy to qualify for a loan with LendingClub. They offer personal loans to a wide range of borrowers, including those with good credit, fair credit, and even those with less-than-perfect credit. The specific requirements for qualification will vary based on your credit score, income, and other factors, but in general, LendingClub’s application process is straightforward and can be completed online in just a few minutes.

If you miss a payment on your LendingClub Personal Loan, you will typically incur a late fee and your credit score may be negatively impacted. LendingClub allows a grace period of 15 days for late payments before the late fee is applied. If you continue to miss payments, your loan may go into default and the full balance of the loan will become due immediately.

No, you cannot apply for a loan with a cosigner. However, LendingClub does accept joint applications. A joint loan request can help borrowers with limited credit history or a lower credit score qualify for funding with better rates. However, it is important to note that a joint loan also comes with financial responsibility and potential risks for the other person involved.