The description of Lendee
If you are looking for a peer-to-peer microlending application that makes it easy for people to borrow and invest money, your search ends at Lendee. A trusted application that brings borrowers and investors together on one platform. Lending and borrowing money is extremely easy with Lendee.
Lendee is the perfect platform for anyone who wants a microloan without all the fuss.
Some of the key features of Lendee are:
- Easy signup
- User-friendly Interface
- Hassle-free lending and borrowing
- Peer-to-Peer lending for investors
- Single app for peer-to-peer lending for borrowers and lenders
- Safe and secure investing and borrowing
Lendee for Investors
For investors, Lendee is a great platform to gain a higher return on their investment. This single platform is all you need to see all the required borrower documentation to make an informed decision.
Lendee uses a high-security payment gateway to ensure the investors can lend money and receive payments without worrying about security breaches. If you are looking for a profitable way to lend money online, Lendee is where you should start.
Once you install this peer-to-peer microlending application, you’ll find yourself sailing through the application like a breeze. Its easy learning curve ensures you get familiar with the app in the first go.
Lendee for Borrowers
Don’t let a bad credit score stop you from taking the microloan you need. Lendee is the most trusted platform for peer-to-peer lending for borrowers. You can take a microloan on your own terms and decide how you’d like to pay it. You can choose a one-time settlement or pay over time to minimize the burden.
Lendee is safe, secure, and easy to use. Its simple user interface allows you to get started without breaking a sweat. On top of that, Lendee assures complete security and privacy of your data and only asks for the information that is required for borrowing.
Install the Lendee app now to get the loan you need.
How to use Lendee?
As mentioned earlier, Lendee is the most trusted and easy-to-use peer-to-peer microlending platform available in the market today. All you need to do is install the Lendee app and it will take you through all the steps.
Once you have completed all the steps, Lendee will look for the most suitable investors who match your requirements. You can choose to go with the lender that you like the most. With minimum documentation and assured microloans, you can rest assured that you receive the amount you need at the earliest.
A Complete Solution:
When it comes to lending and borrowing money, Lendee offers complete peace of mind. It’s a fast, secure, user-friendly, and reliable micro-lending app for all borrowers and investors.
Requested Amount Range - $100 to $2000
For recurring Minimum of 3 months and Maximum of 12 months period for repayment is allowed in Lendee.
For a single payment you will have 61 days to repay the requested amount.
Maximum Annual Percentage Rate which is allowed is 35% please see the example below for better understanding.
If you borrow $1,000 for 12 months Interest and fees that can be charged maximum only be $350.
(Also, It depends on Investor that how much Micro-loan fees that they wants to charge APR can be as low as 15%. )
APR calculation for the above repersentation would be (170+180)/1000/365*365*100 = 35% APR
Recurring amount for this would be $113.33 and total amount payable is $1,350.00 which includes the Intrest and fees of $350.
For more information, see our Terms and Privacy Policy
https://www.lendee.com/privacy-policy/
https://www.lendee.com/terms-conditions/