LendFu Blog

Social Lending

Real credit from real people

LendFu Loading...
Loading...

Message
 
Got It

LendFu Blog Summaries

Being A P2P Lender
by: Elena Lomeli   on: Wed Aug 17 10:53 PM GMT 2016
Peer to peer lending, commonly referred to as P2P, has growntremendously since its subtle start more than one decade ago. On its face, P2Plending provides individuals the opportunity to borrow money from the “crowd” –individuals, not institutions, who connect to a lending platform for thespecific purpose of investing in personal loans. The ability to tap intoindividual lenders through the crowd with the help of technology-basedplatforms puts borrowers in the driver’s seat, with simpler transactions, moretra...
Tis The Season For Giving
by: Elena Lomeli   on: Thu Dec 24 12:26 AM GMT 2015
Are you looking to give during this holiday season? Thereare some people who need some extra cash for the holidays and you could be theone to help.With the craziness of the holiday season, people may need toborrow small amounts of money for whatever expenses come their way. Ourborrowers may run into needing extra cash for purchasing gifts for the family toneeding cash for fixing their home where they plan to gather with family andfriends to celebrate these joyous occasions. People are considering getting a ...
Advanced Lending
by: Elena Lomeli   on: Sat Oct 24 1:33 AM GMT 2015
Helping others is a blooming and rewarding investment. We have now made lending easier and more sufficient. As a lender, youhave the ability to view the people who are asking to borrow money all on onepage. Should you want to know more information about the person and what theymoney is needed for, you can do that by simply clicking on the borrowersprofile.  There is a list of lending opportunities that is presented to you whenyou are ready to start lending. The list has profiles of the borrowers who ar...
Invest In Peer-to-Peer Lending
by: lendfublog   on: Fri Aug 21 11:11 PM GMT 2015
There is no greater benefit in the world than one where youhelp people who need a hand while at the same time gaining personal benefits.Peer-to-peer lending is the lending of money between twoindividuals who might or might not be familiar with one another and do so withoutgoing through a financial middle-man such as a bank. The increased use of peer-to-peer lending platforms has beenmainly due to the simple fact that there is nothing in between the investor andthe borrower and because of this, lending and b...
Peer-to-Peer Lending - People’s Choice in Loans
by: Elena Lomeli   on: Fri Aug 21 10:48 PM GMT 2015
People, no matter what the situation may be, seek financial stability and help. What people might fail to realize is that there is a better alternative than applying for loans through a bank.Banks are a borrower’s nightmare. You apply for a loan and wait patiently for the bank to inform you on whether not your loan has been approved. Many people wait for long periods of time just to get rejected. Banks claim to be there to support you, but when you need them most, they turn you down. Rejection is something ...
Take Control Over Your Loans
by: Elena Lomeli   on: Fri Aug 21 10:41 PM GMT 2015
Today, people are more and more in control of everythingthat surrounds them. Technology is booming and everything is advancing withinthe blink of an eye. With all this new technology and high tech equipment thatallows us to stay in control of our lives, why not be able to control the loansyou have signed up to receive.Lendfu has taken into consideration that fact that peoplehave various schedules and financial situations. In order to provide the upmost best customer satisfaction, we have come up with our fl...
Investors Need to Join Peer-to-peer Lending
by: Katherine Sullivan   on: Sat Mar 22 12:20 PM GMT 2014
Each year, there is an increasing number of American’s who are using nontraditional loan sources to gain immediate access to small dollar funds. In fact, the number of people turning to these alternate sources of funding hit 15 million people. They are utilizing many different options for funding like payday loans, personal loans, auto title loans, pawn shop loans and a variety of others. Several of these options are high rate and high fee options which proves there is a dire need for consume...
4 Benefits for Peer to Peer Lenders
by: Katherine Sullivan   on: Sat Feb 22 12:18 PM GMT 2014
Peer to Peer Lending is such a great borrowing alternative for people but it can also be a fantastic and rewarding alternative for lenders. Peer to Peer Lenders have unique opportunities to really choose how they invest their extra dollars and the benefits can far outweigh traditional investments.Here are 4 valuable reasons lenders should consider peer to peer lending as an investment:1) Lenders are truly investing in their community! Many people who borrow using peer to peer have just found themselves in a...
How You Can Use Peer to Peer Lending
by: Katherine Sullivan   on: Tue Jan 21 12:14 PM GMT 2014
Unexpected expenses happen to people constantly. It’s difficult to constantly be financially prepared for the unexpected. Unless you have a steady savings account, you may find yourself searching for alternative sources to borrow the cash you need.Peer to Peer lending is the newest and most popular borrowing platform and can be used to cover a variety of expenses. LendFu recently raised our borrowing amount to $500 and are proud to have become a source for people to borrow money when they find themselves in...
Peer to peer Loans and Investing for the Holidays
by: Katherine Sullivan   on: Mon Nov 25 12:12 PM GMT 2013
With the holidays quickly approaching, many people find themselves a little shorter on cash this time of year. Purchasing presents for so many family members can add up and cost quite a bit more than families are ready to spend. Sometimes it’s easier to save up and budget throughout the year but unfortunately, that is easier said than done. LendFu understands completely! We want to make your holiday shopping as easy as possible and know that this is a bad time of year to be short on cash. While many people ...
The Benefits of Peer to Peer Lending
by: Katherine Sullivan   on: Fri Oct 25 12:56 PM GMT 2013
Peer to Peer Lending has been catching on like wildfire. People are eager and very interested to explore this new lending concept. While some are happily investing and borrowing funds though Peer to Peer Lending, some skeptics are wondering what the benefits of Peer to Peer Lending are. One of the major benefits is the option to avoid  pay day lenders This benefit may be the top reason for people to utilize this service. LendFu weighed the pros and cons of payday loans versus peer to peer loans the res...
Peer to Peer Loans Vs Payday Loans
by: Katherine Sullivan   on: Mon Sep 23 12:47 PM GMT 2013
Payday loans have long been the way for people in need to borrow small amounts of money quickly. With the up and coming rise of Peer to Peer Loans, it’s time to compare and really weigh out the pros and cons on Peer to Peer Loans versus Payday Loans. Here’s how Payday Loans work. A borrower writes a check to the lender for the amount they are borrowing plus the fee for the loan. The lender gives the borrower a check for the loan amount and holds the borrowers check and doesn’t cash it until the loan is due,...
Lend Money to Family and Friends without Stress!
by: Katherine Sullivan   on: Wed Aug 28 12:52 PM GMT 2013
LendFu is very proud to offer a service that makes borrowing and lending money to family and friends easy and without the stress. You commonly hear people say “Lending Money to Family and Friends is a BAD Idea.” Of course, there is always a possibility that someone isn’t able to pay you back on time and sometimes they can’t pay you back at all. This could create tension for both the borrower and the lender.What do you do if you need a couple hundred bucks quickly  for car repair or to pay an unexpected...
Why user LendFu for Peer to peer Lending?
by: Katherine Sullivan   on: Thu Aug 8 12:21 PM GMT 2013
If Peer to Peer lending is a familiar concept  for you, you may be wondering why you should use LendFu for your Peer to Peer Lending?It’s quite simple, here at LendFu we believe that there needed to be alternative to traditional high interest rate financial services like payday loans, credit cards, and bank loans. We connect individuals who have money to lend with individuals who wish to borrow. Borrowers have the benefit of avoiding high fees of payday lenders since our rates are quite lower! Lenders ...
What is peer to peer lending?
by: Katherine Sullivan   on: Thu Jul 25 12:54 PM GMT 2013
Traditionally, when people needed to buy something but didn’t have the cash on hand, they were forced to either wait until they saved up, get money from friends or relatives or borrow from a bank. The bank makes money by charging interest, of course. The interest rate for the loan is most likely higher or the person gets denied outright if he or she has poor credit history or no credit history at all.Those who were denied bank loans had a few other options, but not good ones. These included usin...
Follow us on:
© 2015 Social Lending Fpc, San Jose Ca