The bank was established in 1997 and is located in Salt Lake City, Utah. WebBank issues all loans for two online lending powerhouses: Prosper and Lending Club. The bank also issues loans and credit cards for Avant, which offers personal loans to those with bad credit, and WebBank previously partnered with Upgrade. Get Your Inquiries Removed Today! If you’re looking for a reputable company to help you repair your credit, we highly recommend Lexington Law. Call them at (800) 220-0084 for a free credit consultation. Paralegals are standing by waiting to take.