37
poor

Lenme: Investing and Borrowing | unitQ Score

The unitQ score is the fraction of public feedback data (iOS & Android) that mentions quality issues.
100 = No Issues. 50 = Some Issues. 0 = All Issues
-2 Points Past 7 Days
Category: Finance
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30-Day Trend
 
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Epic
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Android unitQ Score
Android User Feedback
23%
Android
33 Reports
iOS unitQ Score
iOS User Feedback
77%
iOS
110 Reports
User Feedback
77%
iOS
110 Reports
23%
Android
33 Reports
Lenme: Investing and Borrowing - Latest Quality Issues
Android
May 12, 2024
Unable to contact customer service!!! I have sent FOUR emails to support regarding getting a text from Lenme despite not having an account and they refuse to help me. They closed out my support ticket after a week of not replying and then had the audacity to ask if I was satisfied with my service. No. There was no service. Unbelievable.
Android
May 13, 2024
Terrible service and response times. No problem taking my subscription payment yet took several days to respond to tickets. Similar responses on multiple tickets asking for screenshots that were sent yet no recommendations for a fix!
iOS
May 14, 2024
Don’t waste your time and info
Doesn't work
iOS
May 14, 2024
Not Happy
Did all that setting up an account just for them not to support the bank I use. Not Truist, Regions, or any other banks of those kind.
iOS
May 15, 2024
It’s been almost 2 weeks…
It's been almost 2 weeks and I haven't received an offer. It doesn't allow you to change or cancel the offer either, because I didn't know what I was doing, and I would have made the fees higher so I had a better chance of someone actually lending me money, I probably wouldn't recommend this app.
iOS
May 15, 2024
Hard to get funded.
Request basically sat. Dead space. Stay away or don't hold full confidence that you'll get lended.
iOS
May 15, 2024
Trash
All you will be doing is paying a subscription fee for nothing and them saying looking for Lenders
iOS
May 15, 2024
Doesn’t Work
Ive tried this app three times. All of them my request just sits there until I cancel the subscription. They should allowed people to cancel the request so they can change the details and maybe that way they have a better opportunity. So far I have lost money paying the monthly subscription and never been accepted or funded.
Android
May 16, 2024
If your a barrower and don't get a loan approved you will still be charged for the monthly fee. It should only be charged after you get funded for a loan not before. What's the point of getting charged a monthly fee if you don't get any benefit from it. Still waiting for my loan to be funded. It would be nice if it allowed me to request a smaller amount. I cannot even change my loan request until it gets funded which is ridiculous. Solo funds let's you.
Lenme: Investing and Borrowing - Product Description
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/
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