LendFolio Information

LendFolio is a peer to peer lending platform that connects prime borrowers with good credit background and wise investors seeking higher returns. What is peer-to-peer lending: The peer-to-peer lending model is fast becoming a norm rather than a rarity. Peer-to-peer lending circumvents the hassle of banks to provide lower interest rates on loans. Lenders that qualify as Accredited Investors* and credit-worthy borrowers can meet on platforms like LendFolio and derive mutual benefits. LendFolio allows borrowers to create a listing for fixed-rate personal loans while inviting accredited investors to fund each of the borrowers. Why borrow from LendFolio? A good credit score (660 min.) allows a borrower to list a loan up to $25,000 on LendFolio at an interest rate as low as 6.39%. The loan can be used to fund many things, including home improvement projects, debt consolidation, small business expansion, etc.