LENDINGPOINT IN FOCUS
LendingPoint is a provider of unsecured personal loans for consumers and small business owners across the credit spectrum . By combining technology and proprietary algorithms , they work to drive better lending experiences and financial freedom for their customers .
Borrowing range Personal loans range from US $ 2,000 to US $ 36,500 . The loan amount approved can depend upon an individual credit profile and the information provided during the application process . Lending Point takes several factors into consideration including a customer ’ s current DTI ( debt-to-income ratio ) and PTI ( payment-to-income ratio ). need it most , that is why we entered the point-of-sale and e-commerce spaces .
“ During the pandemic , buying via e-commerce became a necessity and has remained a high-demand preference . We followed customers online and increased our offerings to include a working capital solution to online sellers .”
Kasibhatla pointed out that 99 % of the total credit applications are digital with 63 % of those now starting on mobile . “ We have seen this transition from a website-
DID YOU KNOW ...
What states do LendingPoint offer loans in ? LendingPoint offers loans to consumers in 48 states and the District of Columbia . Currently we do not offer loans to consumers in Nevada and West Virginia .
How does LendingPoint keep personal bank information safe ? LendingPoint takes extensive precautions to protect personal information using robust industryleading procedures and safeguards , including encryption , to secure and protect your personal information .