Lenme: Investing and Borrowing
Icon Lenme: Investing and Borrowing

Lenme: Investing and Borrowing

by Lenme Inc.

Borrow, Lend & Grow!

App NameLenme: Investing and Borrowing
DeveloperLenme Inc.
CategoryFinance
Download Size63 MB
Latest Version8.4.0
Average Rating4.16
Rating Count4,764
Google PlayDownload
AppBrainDownload Lenme: Investing and Borrowing Android app
Screenshot Lenme: Investing and Borrowing
Screenshot Lenme: Investing and Borrowing
Screenshot Lenme: Investing and Borrowing
Screenshot Lenme: Investing and Borrowing
Lenme is your go-to P2P Lending solution, offering borrowers access to up to $5,000 through instant personal loans and providing lenders a lucrative investment opportunity.

Borrowers can benefit from a network of over 100,000 lenders competing to fund their loans. No credit checks or tedious paperwork are required; simply create an account in minutes and submit a loan request. Each loan payment improves your credit score as Lenme reports to the credit bureau. Enjoy $0 hidden fees and cash transfers as quickly as the same day.

For lenders, Lenme offers free access to over 1 million qualified borrowers. Utilize over 2,000 data points on borrowers' profiles to make informed decisions, with no prior experience needed thanks to Lenme's algorithmic guidance. Diversify your lending portfolio in a low volatility market and withdraw your earnings anytime at no cost. Benefit from investment assistance with Lenme Predict technology.

Lenme now introduces crypto-backed loans, allowing borrowers to use their crypto as collateral to access up to $10,000. Lenders can invest their savings with almost 0% risk.

Take advantage of our referral program and earn a $40 cash reward for every friend you refer. Not only that, also access exclusive discounts and promotions from our partners through the Lenme marketplace.

Lenme is a lending platform that connects people looking to borrow money with financial institutions, lending businesses, and individual investors looking to invest in the loan market. Users remain completely anonymous throughout the entire borrowing/lending process. For transparency and to encourage a fair and competitive market, the “feed” tab within the app allows users to see which loans are being funded and all associated fees. Loans shown on the "feed" reflect loans funded through the Lenme platform, some of which may not be available to Android users.

Lenme offers a monthly/annual subscription through Google Play. Subscriptions will automatically renew unless canceled within 24 hours before the end of the subscription period. You can cancel anytime via your Google Play account. LenmePredict, our machine learning algorithm, is a standalone product offered for lenders through Apple Pay for purchase either per-use or monthly/annual subscription. Subscriptions will automatically renew unless canceled within 24 hours before the end of the subscription period. You can cancel anytime via your google play account.

Crypto-backed loans, our new product allows investors to fund cash loans backed by cryptocurrency owned by the borrower. Cryptocurrencies are used as collateral and may be liquidated in case of default or sudden price drop of the held currency.

Since our app is not directly involved in the lending decision, we cannot guarantee the interest rate borrowers will be offered. For example, Loans backed by cryptocurrency have a maximum interest rate (APR) of 25%. All borrowers have the option to request a loan on our platform for up to a 12-month repayment period and a minimum of 2 months paid in installments.

Android users are not allowed to request loans that require repayment in full in 60 days or less from the date the loan is issued. Lending decision is based on multiple factors viewable on our app, including credit, income, and cash flow analysis.

A representative example of the total cost of the loan, including all applicable fees: If you borrow $1,000 over a term of 1 year with an APR of 12% and an origination fee of 1%, you will pay $89.75 per month. The total amount payable will be $1,076.96, with total interest and fees of $76.96.

For more information, see our Terms of Use and Privacy Policy. https://lenme.com/privacy-policy https://lenme.com/term-of-use

Recent changes:
Refer your friends to Lenme and earn up to $40 for a limited time! We continuously improve our platform to ensure the best user experience. Check out our latest features and improvements:

1. Bug Fixes: We have resolved various issues to provide a more seamless experience.

If you have any questions or ideas, please contact us at [email protected].

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