Lenme: Smarter Lending, Easier Borrowing

Discover one of the best peer-to-peer lending platform. Lend and borrow digitally in minutes. There isn't any need to go to a financial institution or danger going to a payday loan store. With Lenme, you presumably can borrow in minutes with no hidden fees.

Are you somebody that is trying to make some money? Lenme connects you directly with borrowers, we manage the lending and make it easy for you.

Want to be geared up with the identical instruments and information skilled lenders have at their disposal? Lenme supplies you with the credit score rating, borrower’s history, banking data, and helps the process of lending all through the app.

As an investor, you'll find a way to:

- Diversify your portfolio in a market with low volatility.

- Easily choose investments that swimsuit the level of risk you’re comfortable with.

- Enjoy withdrawing your earnings for freed from charge.

- Get all the info you want.

As a borrower, for as low as $0.99 a month you can get access to:

- Loans as much as $5,000.

- Immediate provides from over 7,000 lenders and lending businesses.

- Funds immediately transferred to your checking account subsequent day.

- Competitive interest rate.

- Automated Payment service.

- Hassle-Free borrowing.

Lenme is a lending platform that connects people looking to borrow cash with monetary institutions, lending companies and individual investors looking to spend cash on the small amount mortgage market. Users remain fully nameless all through the complete borrowing/lending course of. For transparency and to encourage a good and aggressive market, the “feed” tab inside the app allows users to see which loans are being funded and at what interest rate.

Lenme offers a monthly/annual subscription by way of Google Play. Subscriptions will automatically renew until canceled earlier than the tip of the subscription period.

Since our app just isn't immediately involved in the lending choice, we can not guarantee the interest rate debtors might be offered. All borrowers have the choice to request a mortgage on our platform for as a lot as 12 month compensation interval, paid in installments. Lenders can supply loans for no less than 3% APR based mostly on the credit score rating and their own criteria. The lending decision relies on a quantity of factors viewable on our app, together with credit, income, and money flow evaluation.

A representative example of the whole value of the mortgage, including all applicable charges: If you borrow $1,000 over a time period of 1 year with an APR of 12% and an origination payment of 1%, you'll pay $89.seventy five per month. The total quantity payable will be $1,076.ninety six, with total curiosity and costs of $76.96.