- 83.8LEGITIMACY SCORE
- 84.3SAFETY SCORE
- 17+CONTENT RATING
- FreePRICE
What is Lenme: Investing and Borrowing? Description of Lenme: Investing and Borrowing 3991 chars
Lenme app is the perfect tool helping in all connections between borrowers and investors.
Borrowers can get all the loans they need in minutes with total ease! We even allow users to continually increase their loan limit eligibility while requesting loans through the App. Until you are eligible for loans that can reach up to $5,000!
And if you have an interest to invest in lending. Lenme is your perfect gate to earn some cash and generate very good passive income. With returns that can reach up to 40%!
Benefits you can get for as low as $1.99 a month:
- No credit score required, debt-to-income ratio, or paperwork hassle.
- Creating your borrower profile and requesting a loan won’t take more than 10 mins!
- Thousands of Investors will compete to offer the best rates and you will have the power to choose.
- Get funds transferred to your bank account as quickly as the same day
- As long as you pay back your loan your limit will keep increasing until you are eligible for up to $5,000!
Lenme has the perfect investing platform!
- Diversify portfolio in a market with low volatility.
- Easily select investments that suit the level of risk you’re comfortable with.
- Enjoy withdrawing your earnings at no cost.
- Investment assistance with Lenme predict service.
- Invest in almost risk-free loans backed by Crypto as Collateral.
- Lenme Predict technology will help you get a better analysis of Borrower's profiles and earn more money while investing wisely.
Lenme has a new loan just for you - borrow up to $10,000 using your Crypto-Wallet as collateral. That's right! Borrowers Owning crypto can now connect their wallet to the app and request bigger limit loans. Investors can now earn up to $1,700 when funding Crypto-Backed Loans!
Lenme is also offering what is beyond Lending and borrowing, Amazing Features:
- Receiving up to $40 when you refer a friend to use Lenme
- Saving money through our marketplace offering amazing discounts & offers on other brands you use on a daily basis.
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 at what interest rate.
Lenme offers a monthly/annual subscription through Apple Pay. 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 iTunes 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 maybe 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. All borrowers have the option to request a loan on our platform for up to a 12-month repayment period, paid in installments. Lenders can offer loans for a minimum of 3% APR based on the credit score and their own criteria. The 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 a 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/
- Lenme: Investing and Borrowing App User Reviews
- Lenme: Investing and Borrowing Pros
- Lenme: Investing and Borrowing Cons
- Is Lenme: Investing and Borrowing legit?
- Should I download Lenme: Investing and Borrowing?
- Lenme: Investing and Borrowing Screenshots
- Product details of Lenme: Investing and Borrowing
Lenme: Investing and Borrowing App User Reviews
What do you think about Lenme: Investing and Borrowing app? Ask the appsupports.co community a question about Lenme: Investing and Borrowing!
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Lenme: Investing and Borrowing Pros
✓ Persistent but patientI have put off finishing my application due to being turned down from other loans I’ve applied for and it’s discouraging to say the least. My credit score was greatly affected during the quarantine having to live off my credit cards that I got for the purpose to build credit after my divorce. Since the score is what’s the deciding factor in receiving a loan, I’m discouraged to apply again just to be denied. Lenme stands out among the hundreds of mass amount of emails I now recieve with lenders offers for a loan. Lenme I appreciate your kind persistence, you do it in the best way, I’ll complete my application verification as requested and I’ll apply for a loan soon as well. I’m sure my need for a loan will be the same then as it is now. Tough times. Thank you for the encouragement to finish what I started..Version: 7.2.1
✓ Who doesn’t accept a passport as a form of IDNice app though easy enough to useful youre allowed too of course. I don’t have license I have a valid passport in there eyes I am not a real person odd… I did assume the federal photo ID would you know out rank a state ID as far as legitimacy to get a license you have a birthday and pass a silly test to get a passport you send all of your stuff Proof and verification directly to the federal government who verifies it how they do it takes weeks not a couple of minutes and some spam mail…. Something in my humble opinion does not feel right about that. Yes my opinion is biased but you do realize how difficult it still is to go the dmv in most areas… fun. Can’t wait for your license to expire and then see how it’s so easy to get a new one or a state ID because it isn’t and you are unreasonable for that, again in my humble opinion as is this entire review. My personal opinion..Version: 4.6.1
✓ Lenme: Investing and Borrowing Positive ReviewsLenme: Investing and Borrowing Cons
✗ App isn’t worth it and there is no customer service supportI downloaded this app because I was in a pinch and needed a loan. I applied for a loan and received an investor offer the first day of posting the request. I accepted the terms that same day as well. Then I get notification that the investor needs to make their final approval and they have 48 hours to do so. So that was Thursday, it is Tuesday. I have contacted support probably 5 or 6 times with only one response and that was on Friday last week when I asked them what my next steps were after accepting the offer on my side of things Thursday. Now that there is an actual problem I have not received any further assistance or responses. It just says “waiting for investor’s approval” which has to be over 48 hours ago, which I think if it goes over that 48 hours I might not be able to request another loan for 30 days because of a glitch in the app? Something isn’t right and I wish they’d just respond and let me know? It will be funny to see if they respond to this review but not any of the tickets I submitted..Version: 4.6.0
✗ LenmoUpdate: so I used it and one my loans went great. The other didn’t and I reached to support and they sent me to the right team. But I have been waiting for 2 months and haven’t gotten a single reply. So that’s upsetting, this was back when they were still called Lenmo. So changing from 5 to 3. Hope they can improve this aspect of the support team and getting out money back. I love the idea and tbh this app is one the top 3 when it comes to personal loan apps. Lets alone ones that let you do the loaning. I wish the support team was better or had more tools and training, also the legal team needs major improvement for like missed payments and collections. I’m going on about a month with no response yet and I sent a few emails. But other then the support the app it’s self is clear, professional, and enjoyable to those with extra money wanting to help out others and make some quick cash along the way..Version: 3.0
✗ Lenme: Investing and Borrowing Negative ReviewsIs Lenme: Investing and Borrowing legit?
✅ Yes. Lenme: Investing and Borrowing is 100% legit to us. This conclusion was arrived at by running over 27,279 Lenme: Investing and Borrowing user reviews through our NLP machine learning process to determine if users believe the app is legitimate or not. Based on this, AppSupports Legitimacy Score for Lenme: Investing and Borrowing is 83.8/100.
Is Lenme: Investing and Borrowing safe?
✅ Yes. Lenme: Investing and Borrowing is quiet safe to use. This is based on our NLP analysis of over 27,279 user reviews sourced from the IOS appstore and the appstore cumulative rating of 4.2/5. AppSupports Safety Score for Lenme: Investing and Borrowing is 84.3/100.
Should I download Lenme: Investing and Borrowing?
✅ There have been no security reports that makes Lenme: Investing and Borrowing a dangerous app to use on your smartphone right now.
Lenme: Investing and Borrowing Screenshots
Product details of Lenme: Investing and Borrowing
- App Name:
- Lenme: Investing and Borrowing
- App Version:
- 8.0.3
- Developer:
- Lenme Inc.
- Legitimacy Score:
- 83.8/100
- Safety Score:
- 84.3/100
- Content Rating:
- 17+ May contain content unsuitable for children under the age of 17!
- Language:
- EN
- App Size:
- 100.70 MB
- Price:
- Free
- Bundle Id:
- com.lenmoinc.lenmo
- Relase Date:
- 20 September 2018, Thursday
- Last Update:
- 26 March 2024, Tuesday - 14:18
- Compatibility:
- IOS 13.0 or later
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