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Friends and family loans made simple. Questions? We'd love to talk to you.
LendFriend offers software products that provide support for users during the loan creation, proposal, approval and repayment. The identified customer profiles are targeted for larger loans with lower interest rates because their loan repayment is disproportional to their credit score.
P2P lending platform and Multiple underwriting models. Helps the underserved unbanked population neglected by traditional banks.
Transaction based revenue model. Company charge 1.5% service fee + 0.50c per payment.
Makes use of proprietary underwriting models to identfy customer profiles to be targeted for loans which will be helpful for investors.
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