Lending Crowd Review. Early payment allowed without penalty

We review Lending audience, the peer to peer loan platform for both borrowers and loan providers, showcasing the professionals and cons in more detail for unsecured loans, auto loans as well as other borrowing

Overview of Lending Crowd

Borrowers: Borrow as much as $200,000 (guaranteed) or $50,000 (unsecured) at between 5.03per cent and 16.21percent per year for either 36 months of five years.

Our Guide to Lending Crowd

Our guide to Lending CrowdIn this guide, we glance at Lending Crowdfor Lenders and Lending Crowdfor Borrowers individually to best understand the pros and cons for this investment and borrowing platform. We cover:

1. Lending Crowd Borrowing Review

2. Lending Crowd Lending Review

​Lending Crowd Review: Borrowers

Lending Crowd’s borrowers are, historically, individuals attempting to borrow cash to get a motor car, repay financial obligation, pay money for a wedding or assistance with home renovations.

Lending Crowd has a application that is strict – just individuals whom meet the next criteria can borrow from the platform:

You shall be assigned a credit grade which eventually decides the attention rate from the loan. The greater your credit grade (in other words. A1 or A2 vs B1 or B2), the low the interest price. Lending Crowd offers a rate that is fixed from 5.03per cent p.a. to 16.21%. If a loan is accepted by you, you’re going to be charged cost, included with the mortgage total per the Amount Borrowed and Platform Fee routine:

​How does loan safety work?