Happen Bank (formerly LendingClub) Review 2026

Happen Bank — the digital bank formerly known as LendingClub, rebranded June 2026 — is a solid choice for debt consolidation if your FICO is in the 600–660 range and you need to consolidate $10,000–$75,000. Happen Bank, N.A. issues personal loans of up to $75,000 — one of the higher ceilings among fair-credit lenders — and supports joint applications, which can improve approval odds or lower your rate if a co-borrower has stronger credit. The origination fee (0–8% of loan amount) adds to the total cost, so compare the all-in APR (not just the interest rate) to the blended rate on your current credit card debt. Consolidation only makes financial sense when the Happen Bank APR is meaningfully lower than your existing balances. Pre-qualify at happen.com — the soft-pull check does not affect your credit score and shows your actual rate before you commit.

Yes. LendingClub completed a corporate rebrand to Happen, Inc. on June 22, 2026, moving its stock listing from the NYSE (ticker LC) to the Nasdaq (ticker HAPN); the bank itself renamed from LendingClub Bank to Happen Bank, N.A. Existing customer accounts, login credentials, routing numbers, and loan terms carried over automatically — nothing changed for existing borrowers. Happen Bank, N.A. is an FDIC-insured national bank regulated by the Office of the Comptroller of the Currency (OCC); personal loans are issued directly by the bank and are subject to the Truth in Lending Act (TILA/Regulation Z) and the Equal Credit Opportunity Act (ECOA). To verify independently: the CFPB consumer complaint database at consumerfinance.gov includes entries under both the LendingClub and Happen Bank names, and the FDIC charter (certificate #32551) is searchable at banks.data.fdic.gov.

Happen Bank charges an origination fee of 0–8% of the loan amount, deducted from the proceeds at funding. A $20,000 loan with a 5% origination fee means you receive $19,000 but repay the $20,000 principal plus interest. The origination fee is factored into the disclosed APR under TILA/Regulation Z — compare APRs (not interest rates) when shopping multiple lenders. No-origination-fee lenders (SoFi, LightStream, Discover) exist in the prime-credit tier (680+ FICO); at 600–660 FICO, origination fees are typical and Happen Bank's 0–8% range is in line with Upgrade and Avant. Verify the current fee range at happen.com before applying.