Are you having some difficult time applying for personal loans? Want to lend some credits from your loans?
There’s a new online site that enable you to credit loans.
Lenddo is the world’s first credit scoring service that uses your online social network to assess credit. You heard me right…and your online presence is important.It enables you to score your social graph and compare it to your peers. Lenddo can be tapped for small business loan.
When people whose having access in emerging markets should have the same level of financial products and services as are enjoyed in more mature financial markets. Lenddo can help in debt consolidation.
The community helps its members to measure and maintain their online reputation. And having the goal of providing a score that can help access credit and other financial services.A lot of people need to learn financial literacy so that they know on how to handle money.
Lenddo provides loans for employed individuals.And it also provides loans for specific purposes: Education, Emergencies, Home Improvement and Career-Based Relocation. And it has corresponding requirements.
If these requirements are completed and Lenddo is able to successfully approve your application, you can expect to provide the cash straight into your account within 1 business day.The higher your Lenddo score the more access you and your Lenddo friends will have to financial products. Also, in the absence of other ratings, your Lenddo score may be the first step in building your lifelong credit reputation.
Lenddo, and other lending affiliates, evaluates each applicants. And the currently funds loans up to a minimum of 5,000 Php and a maximum of 43,000 Php. Interest rates are depend on your Lenddo score and local rates and the terms range from 3 months to one year.
One of Lenddo’s minimal requirements for loan application, are valid TIN number and SSS or GSIS number.They currently uses a payment system that will directly deposit the funds into a specified bank account.
They currently provides loans to members that have current bank accounts.It also detected your social media accounts like Facebook, Gmail, twitter, LinkedIn, Yahoo, and MSN, just to determine the strength and integrity of your social network.When verifying the loan approval process, Lenddo will require you to provide certain information which will be validated with the account.
The best thing about Lenddo is that they gave you financial freedom from getting some loans.
When I signed up, I easily like what they offered to their members. They provide the best services and the site is secured from intruders online.
Lenddo gave me the opportunity to learn more about personal loans. And I hope that they would expand their services for those who didn’t have bank account.
It’s that easy! What are you waiting for? Join Lenddo and forget your worries away.
Christian Melanie Lee is a freelance social media manager and web developer. She also devoted her time managing her food blog, and music/concert blog. One of the Hootsuite Ambassador for the Philippines since 2014 and currently working as social media manager for the local band, The Itchyworms.
Follow her on Twitter and Instagram.