Latest Posts
Home > Ask The Get Out of Debt Experts > I’m in Dire Need of a Debt Consolidation Loan. Lending Club Turned Me Down. – Kevin

I’m in Dire Need of a Debt Consolidation Loan. Lending Club Turned Me Down. – Kevin

“Dear Steve,

I am in dire need of a debt consilidation loan. I applied with Lending Club and did not get approved due to my credit score. I am in the military and im able to afford a consilidated payment i just need to be approved. Do you have any advice what so ever?

Kevin”

The Answer

Military

Dear Kevin,

The different branches of the military have aid societies that can provide for some emergency funding if you are in trouble and need an emergency loan.

Lending Club is a peer-to-peer lender that allows people to lend to people. But like all lenders, they have to make decisions about who is and isn’t a good credit risk. The way lenders do this is by using a credit score and an evaluation of the current situation and open negative items.

In my experience LendingClub.com issues a vast number of unsecured debt consolidation loans to people who meet their lenient standards.

This might be the wake up call you need to focus on rebuilding your good credit so it will be in great shape when you need it in the future. Please read How to Easily Rebuild Your Credit and Have Good Credit Again.

If these items don’t address your particular situation we might have to look at dealing with the debt rather than hunting for a loan.

Please post your responses and follow-up messages to me on this in the comments section below.

Get Out of Debt Free Hotline
debt settlement helpstudent loan help

About Steve Rhode

Steve Rhode
Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
  • Wesley Loan Service

    Good day,

    Are You Desperately in need of a loan? Have you be denied of a loan from your bank or any Financial Firm? Do you need financial assistance? Do you need a loan to pay off your bills or buy a home, or Consolidate your debt and be debt free? Do you want to have a Business of your own and you need Financial Loan Help? Contact MICHEAL SHAWN WESLEY today for your Financial Loan Help. We are willing to help you out on either Business and Personal Loans even if you are blacklisted and have a bad credit record. we Offer loan at affordable interest rate to only serious minded and God fearing people in financial hardship and want to find their way out. contact us via E- mail: michealshawnwesley@gmail.comm

    We offer the following kinds of loans

    *Debt Consolidation

    *Home Loans

    *Second Mortgage

    *Business Loans

    *Personal Loans

    You are advise to fill and return the details below..

    Your Name:______________________

    Your Address:____________________

    Your Country:____________________

    Your Occupation:__________________

    Loan Amount Needed:______________

    Loan Duration:____________________

    Monthly Income:__________________

    Cell phone Number:________________

    Have you applied for a loan before: ________________

    If you have applied for a loan before, where you treated honestly? where are the company located?…

    Act fast and get out of financial stress, mess and hardship by contacting MICHEAL SHAWN WESLEY loan company today via Email at: michealshawnwesley@gmail.com .You shall be treated with the best of our resources until you get this funds transferred into your account, and your quick and fast respond determines how fast you shall be receiving your loan. Without any delay Apply for your best and easy loan here with us. Please email to us via

    E-mail: michealshawnwesley@gmail.com

    Best Regards

    Mr. Micheal Shawn Wesley

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.

Get My FREE Get Out of Debt Guy Newsletter

It is the smart thing to do.

I promise to keep your email safe and secure.

Close

I want to keep you posted each weekday with just one email about the latest get out of debt news, scam alerts and information to beat back debt.

You can unsubscribe at any time with just one click.

After you subscribe, check your email to confirm your subscription. If the confirmation email does not appear in your inbox in a few minutes, check your spam folder for it. Sometimes it likes to annoyingly hide there.


  • It will keep you posted on the latest scams.
  • You will be alerted to the latest articles.
  • You will wind up smarter than everyone else dealing with debt.