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Vouch is bringing friend-powered finance to the lending industry. Vouch believes that you should get credit for having such good friends. We help borrowers get personal loans at better terms than other lending institutions or marketplaces typically offer.
Vouch is a startup which vouches for credit on social networks. The company offers loans to consumers who get their friends and family to vouch for them in times of need -creating a way of looking at creditworthiness that spans beyond FICO score.
Social lending. Helps borrowers to get loan at a interest rate less than the market place.
The company generates revenue from the origination fee.The origination fee is between 1% and 5% of loan amount.
Helps customers to access fixed rate installment loans and use sponsors to get loans at a low interest rate.
$40 M in 2015
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