The AutoBlend (Premium Track) is free of charge. All of our fees are listed in BLender’s fee schedule and are updated from time to time.
The AutoBlend (Premium Track) is free of charge. All of our fees are listed in BLender’s fee schedule and are updated from time to time.
The duration of the AutoBlend service (Premium Route) does not have a time limit. It can be stopped whenever you wish using the button found on the “lender management” page.
Peer-to-peer lending has been operating successfully around the world for almost ten years. Information is accessible. Everything is visible, familiar and known. More and more people communicate with more and more other people and know about their lives, their habits and their friends. Above all, both sides must feel comfortable—that is the essence of lending between people.
The world as we know it is changing before our eyes. Technology is challenging the traditional ways of doing business. We don’t have branches, thousands of employees or overhead expenses. That means higher returns for you. That’s the primary advantage of peer-to-peer lending over other investment and savings options.
The track is intended for individuals who want to save through direct deposit and earn interest rates.
You can withdraw them to your bank account at any time, lend them again yourself or you can let the automated lender’s AutoBlend (Premium Track) automatically reallocate the funds available in your account (including loan payments received to your BLender account) to new loans.
Your money is held in the designated bank account until you choose to lend it to borrowers through BLender. Payments that you receive will go into this account. You may then choose to lend the funds out again or transfer them to your own account.
BLender takes all necessary measures to ensure that this does not happen, including taking a SafeGuard fund allocation to protect lenders should borrowers be unable to repay their loan for whatever reason.
Furthermore, the wide distribution made possible by DirectMatchTM provides multilayer protection for each and every lender. Nevertheless, should a borrower fail to repay his/her loan, we take all legal steps at our disposal, with the aid of the leading law firms, to collect the debt and pass it along to our lenders.
The Frequent Lender Track lets you earn interest on your liquid funds through automatic direct deposit from your bank account to your BLender account.