Consumer complaint received 2019-11-25
Company: Lending Club Corp
State: MI
Product: Payday loan, title loan, or personal loan
Sub-product: Installment loan
Issue: Getting the loan

Complaint:
Copy of this complaint also forwarded to the following : Attention XXXX XXXX, XXXX XXXX, Michigan GOP, & FTC I have had the most insane, time consuming and invasive experience trying to obtain a small loan from Lending Club. 
I have been getting silicitions for months about my pre approval for loans to consolidate from Lending club. 
I have a few credit cards that my grandson ran up 4 years ago from XXXX and XXXX. I have also recently settled a civil suit for {$30000.00} with XXXX XXXX in XXXX and am expected to get the Settlement check before the end of the year, ( 45 days from date of settlement ). 
My attorney has also reached a preliminary settlement with XXXX and XXXX for less than 30 % as long as the full amount is received within 10 days from XX/XX/19 Therefore I thought is would be worth obtaining the remaining funds through Lending Club to resolve the XXXX and XXXX accounts ASAP and then use some funds from my settlement to pay off most of the Lending Club loan, I applied and Lending Club claimed they would do a soft pull of my credit, it was actually a hard pull. ( First confirmed lie ) In Lending Clubs response they implied that upon verification of my information and income I was Approved. ( This is the 2nd, 3rd, 4th,5th & 6th lie ) Lending Club requested 3 months bank statements, these confirm I deposit {$9000.00} to  {$10000.00} every single month. ( I provided these 4 times. ) Lending Club requested my social security verification, I provided this 3 times. 
Lending Club requested my entire tax returns including schedules a through e, I provided these and also all other schedules. I went further by providing a copy of my lease agreement verifying a 25 year lease worth over 2 million dollars, which pays me {$6600.00} on the XXXX of every month. 
My debts and living expenses confirm to be less than 50 % of my total monthly income. 
I also provided Lending Club with email exchanges with my Attorney and the settlement contract for the XXXX XXXX civil suit. 
I have given Lending Club more financial information than I have ever provided any entity or financial institution, leaving my financial security very vulnerable. 
I have had numerous phone conversations with different agents each time promising this was all the information and documents needed, Yet the next day I would get a request to resubmit documents. 
My last conversation was on XX/XX/19, The agent reviewed all the documents and again assured they would not need more. Yet, the very next morning I receive another request for more documents. Each of these request NEVER specify exactly which documents. They provide a standard list. No clarity at all. 
Its as if Lending Club is deliberately harrassing me for some unknown reason. 
What I have also discovered is that XXXX XXXX sells my information to other lenders and DATA companies. 
For instance my checking statements expose my spending and shopping habits, Lending Club takes this confidential information and sales it to Data collection sources. I believe Lending Club deliberately misleads potential Consumers to trick them into providing personal information for resale. Knowing full well there was never any intention to approve certain consumers for a loan. 

NOTE : I have recordings of my last 3 conversations with these scumbags!

Company response to consumer: Closed with explanation