LendingPoint was founded in September 2014 and introduced its personal loans product to the market in December 2014. LendingPoint’s goal is to provide fair rate to fair credit consumers through unique data modeling.
LendingPoint is a consumer finance company focusing on an overlooked customer base underserved by traditional lenders. LendingPoint’s customer base is typically in the 600-699 FICO score range. The Company offer a Proprietary Credit Model Technology allowing LendingPoint to say “yes” when other traditional and non-tradiotnally lenders say “no”. LendingPoint extends offers to customers which its competitors neglect. 25% of the time LP’s funded customers are not receiving offers from other lenders.
Products : Personal Loans
Advantages :
- Personal Loans : Get up to $25,000, as soon as the next business day
- Affordable Payments : Easy, automatic, online payments
- Built For You : Customers with credit scores in the 600s
Process :
- Apply in minutes : Enter basic information and simple documentation online.
- Get a decision right away : LendingPoint will provide you with an offer and payment options in minutes.
- Funds as soon as the next business day : After loan approval and document validation, funds can be sent to your bank account as soon as the next business day.
Online Loan Company : Personal Loans