Lenme: Investing and Borrowing

Lenme: Investing and Borrowing

By Lenme Inc.

  • Category: Finance
  • Release Date: 2018-09-20
  • Current Version: 8.6.4
  • Adult Rating: 17+
  • File Size: 122.04 MB
  • Developer: Lenme Inc.
  • Compatibility: Requires iOS 15.0 or later.
Score: 4.28604
4.28604
From 36,593 Ratings

Description

Lenme app is the perfect tool helping in all connections between borrowers and investors. Get all the loans you 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 - With the new Balance Guard Feature you can now avoid any overdraft fees by and keep your balance safe from falling below a certain limit. 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/

Screenshots

Reviews

  • Doesn't really do what it says ot does

    3
    By ExpressedByJust
    You have to have great credit history or something because my offer sat until I got paid again and then some its just ran its course until it expired.
  • A Scam Wrapped in a Shiny App

    1
    By JP127535684
    If you’re looking for an app to hand over your entire identity—name, date of birth, address, Social Security number, passport scan—only to be told that their mysterious “security partners” can’t verify you (without explanation or recourse), then Lenme is the app for you! But for anyone else who values their personal information and basic transparency, stay far, far away. I went through the exhaustive sign-up process, providing every sensitive detail about myself, trusting that this would lead to the short-term loan they promise. Nope. Instead, I got a vague, canned rejection message saying, “Sorry, we can’t verify you. Good luck out there.” No way to fix it, no one to contact, no way to know what went wrong—just a digital shrug while they now have access to my private data. And here’s the kicker: I’m almost certain I agreed to some sneaky terms and conditions that allow them to sell my information to whoever’s buying. So not only am I left high and dry with no loan, but now I have to worry about where my data is going. Identity theft? Targeted ads? Who knows! Thanks for nothing, Lenme. Do yourself a favor and avoid this app like the plague. If you’re desperate for a loan, try literally any other option before handing over your entire existence to a company that treats your privacy with the same care as a spammy email chain. I wish I’d read a review like this before I downloaded it. Don’t make my mistake.
  • No loan in 6 months

    1
    By Yoallthenamesaretaken
    I have applied 6 times. You can only submit a loan request once a month then your request expires if it’s not funded. And nothing. Doesn’t even give you the option to cancel your request either. Not worth it.
  • Terrible

    1
    By yella1027
    Let me first start off by saying this app is completely egregious almost every app wants you to scan your ID and then it won’t accept your ID and then when you try to upload your ID still it won’t accept it all these apps use a camera to scan your ID and give you the option to upload your physical it’s a common problem and it’s quite annoying. There’s several other apps on the App Store that offer cash advances without having you scan your ID multiple ones that actually let you physically upload it. Stay away from this app
  • app was ok

    2
    By anairked
    didn’t let me get any money lol
  • App doesn’t work

    1
    By Junicat81
    Can’t apply for a loan because the slider that lets you choose an amount doesn’t even work!
  • Consumer Law Violators

    1
    By KoolaidKhris
    I used Lenme for loans and found it concerning that they do not allow users to update their email address—ever. Even if your email is set to deactivate, like in my case, they claim it’s permanently tied to your account due to “security reasons.” This is a significant issue since losing access to your email means losing access to your account and funds. To make matters worse, their support website is broken, so it’s impossible to escalate issues. Users, be cautious about trusting a service that doesn’t provide adequate customer support or flexibility in updating critical information. I'm gonna let you out Wait a little longer to more people are gone
  • Very predatory

    2
    By M. Zuck
    Once I got the app, I realized that there’s no possible to get out of a borrow request without paying the company some money even when you communicated that you don’t want the service anymore and let them know that you would like to cancel the request and delete your account. I’m currently posted on their borrowers list as requesting money even though I spoke with customer service with the intention of deleting my account and canceling the request.
  • Horrible

    1
    By pshhhgkjskx
    They make you pay a fee just to send you to a different lender that may or may not approve you . Don’t sign up at all !
  • Best

    4
    By Unigfx
    I love this app helps me when I needed it

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