When you have hundreds of branches, tens of managers, thousands of employees, and tens of thousands of sandwiches…the overhead expense is immense, and there’s just no way around it.
BLender reduces all of that. We don’t have branches, thousands of employees, or overhead expenses.
The result: The borrower pays a lower interest rate on a loan, and the lender gets more for his/her money. Everyone wins.
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.
It’s easy: just click “Pay Current Loan Balance” on the “Manage My Loan” page.
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.
Loans are given for up to 3 years. You choose the duration that works for you.
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.
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.
Yes.
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.
