LendYou Review

LendYou Reviews

Advantages: The information on the company’s rates, fees and all the services it provides  is absolutely transparent.
Disadvantages: Your application status can be seen only the next business day.
Conclusion:There is more information on the LendYou than on other services; however, it is problematic to find high-ranking lenders who could give answers to complicated questions.

VISIT SITE


LendYou is known as one of the most popular online loan sites with one of the most secure online platforms. The site’s approval rate is also high, therefore, LendYou is a convenient company to obtain fast cash in case you  urgently need it.

Our LendYou review presents an objective opinion for you to be able to make the right decision. LendYou is strongly recommended in case you want to choose one of the best online loan providers!

Application Process

Let us have a look at the process of application. It is fast and simple.LendYou has simplified it for customers so that they could find the most suitable loan to be qualified for and then make a decision whether to proceed or not. While most of the lending agencies require a lot of red tape, such as scanned and printed documents, with LendYou you will have to deal with the online  process of document processing, which will take only a few minutes.

Apart from the fast and simplified application process, LendYou helps you to understand whether you have gotten approval.Being one the best lending brokers, LendYou offers an approval decision almost instantly. Next, as soon as you get approved, your funds are transferred to the bank account of yours within one business day. Having tried over forty online payday lending institutions,  on the basis of our experience we can say without any doubt that LendYou is one of the best and most reliable lending brokers to help borrowers meet their needs.

How the Company Operates

LendYou is not a lender but a lending broker. Therefore, it does not make any credit decisions. Their main task is to find the right match and bring consumers and independent lenders together.

LendYou How It Works
The whole process looks like this: you register online, then LendYou matches you with a potential lender, who offers the terms and conditions of your loan. You either agree to the terms and conditions or decline them. In the event you agree, the lender transfers the money to your account within one business day.

The requirements a customer has to meet are as follows:

  • Be a US citizen
  • Be at least 18 years of age
  • Have a valid savings or checking account with direct deposit
  • Not be the Air Force, Army, Coast Guard, Marine Corps or Navy member (either reserve or regular); as well as not be a dependent of the one who is; serving on active duty under a call or order that does not specify a period of 30 days or fewer.

The Amounts You Can Borrow

The average amount ranges are as follows:

  • Payday loans − $100 to $1,000
  • Personal loans − $500 to $35,000
  • Installment loans − $100 to $5,000

The amount that you can be provided usually depends on a few factors, such as your income, type of employment, and the lending company itself. As a rule, potential clients have to undergo the process of verification: the information is checked in the records of national databases. It should be mentioned that your credit score can be lowered if you had multiple inquiries to such credit bureaus as Experian, Equifax and Transunion. Consequently, it is  advisable to register for one loan at a time.

Rates & Repayment Terms

All the information you need about the LendYou services can be clearly seen on their site. There is  the company’s FAQ page which covers all the information about their services. Pay attention to the fact that LendYou does not operate as a direct payday lender, their task is only to bring together a customer and the most suitable and qualified lender. There is a network of potential lending partners who can offer you the best loan option. The installment loan rates are one of the lowest rates available, making just 6.63%.

Contact Information

In the event you can’t find all the information you need on their FAQ page, their support team is ready to provide assistance.

Phone Number: (888) 775-0859
Address: 1125 E Broadway, #545 Glendale, CA 91205


REVIEWS

© 2012-2017. PaydayListing.com All rights reserved.