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Our mission is simple help people get out of debt, rebuild their credit, and get a fresh start.Financial stress puts an enormous burden on consumers health and family and leaves them unable to absorb shocks. Nearly half of Americans cannot come up with $400 to cover an emergency expense. We help them right-size their debt, improve their monthly cash flow to allow for emergency savings, and rebuild their credit profile to improve access to responsible credit. LendStreets clients on average reduce their overall debt by 30% and see a median credit score increase of 100 points in the first 18 months.Our platform helps borrowers get through debt settlement and back on their feet in under 9 months (rather than the traditional 4+ years), helps creditors monetize their defaulted borrowers more efficiently, provides a healthy return for our investors and an inspiring place to work for our employees. www.lendstreet.com/careers
LendStreet's lending platform help consumers restructure and refinance their debt. It is focused on helping consumers who are over indebted to restructure their debt and rebuild their financial lives.
Provides a P2P lending platform.
The company charge a processing fee between 3.00% and 10.00% of the loan based on the internal rating of it.
Retail customers & borrowers
Financial Institutions - Negotiation with the creditors to reduce the interest rate for borrowers in financial distress.
Reduces the interest rate and make the repayment affordable for individuals who are in financial distress.
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