Please be informed that from 2023-06-29 BLender Italy do not accept new investors and do not issue new loans. If you are our customer and you need additional information about payments, write us an e-mail. support.it@blender.loans

6. BLender Loans (Borrower FAQs)

  • You will get confirmation of eligibility shortly after completing the loan application process. The process of financing your loan then takes a few days, during which you will be able to stop the process and receive the funding received thus far.

  • Yes.

  • From the moment you apply for a loan, the most important thing is to promise your lender that he/she will get the money back. We conduct a thorough online screening quickly and with no bureaucratic hassles. If you are approved, your loan request is presented to the prospect lenders who agree to your interest rate terms.

  • In order to secure the lenders’ money, each borrower undergoes a strict and thorough screening process of his/her personal and financial data. If your loan was not approved, the screening may have determined that you do not have the necessary loan repayment ability. Above all, both sides must feel comfortable with the transaction—that’s the essence of lending between people.

  • Loans are given for up to 3 years. You choose the duration that works for you.

  • The money is now in your bank account for you to use freely. Your payments will be deducted automatically from your account per the agreed-upon schedule. You can check your account to see the status of your loan at any time.

  • It’s easy: just click “Pay Current Loan Balance” on the “Manage My Loan” page.

    1. Go to “Apply for a Loan” on BLender.
    2. Choose your loan amount.
    3. Provide some information about yourself.
    4. Select your preferred interest rate – use the loan calculator.
    5. If the loan is approved, you will be notified within a few minutes.
  • When you place your loan request, you will see your expected monthly payment. Once the request has been completed, the amount will be displayed on the “Manage My Loan” page.

  • Any Italian, Lithuanian or Israeli citizen with a monthly salary of at least 1,000€.

  • The loan comes from people who want to earn an attractive return on their liquid funds. Behind every loan there are, for the most part, a number of lenders—private individuals, companies and corporations—whose money is distributed in an optimal way to minimize the risk.

  • Once the auction for the loan begins, you cannot change the terms. Just as, once a lender makes an offer to finance your loan, he/she cannot change the terms of the offer. That way, both sides can be confident that the terms of the loan won’t change throughout the auction.

  • No. Only private individuals – not financial professionals—may take loans through BLender. Therefore, there are no taxes on loans. If you are a financial professional, unfortunately we cannot offer you a loan at this time.