Do you urgently need a loan but don't know where to do it? Lendora connects you with the best private lenders that grant fast loans online, so you can find the financing you need without spending time in exhaustive searches.
If you want to know how it works, we tell you everything about Lendora, including offers, requirements and opinions about its service.
What is Lendora and how does it work?
Lendora is a platform that compiles financial proposals from entities that grant quick loans, providing you with all the information so that you can make the best decision. In this way, it saves you time visiting the website of each lender separately and shows you the options that best respond to your needs and possibilities.
As for how it works, the process in general is very easy and fast, since it is carried out completely online . Thus, once you enter the Lendora website, you choose the amount and the repayment term, fill in the application form with your personal and financial data, and you receive the answer in less than 10 minutes . If everything goes well, they transfer the money to your bank account and you can start using it whenever you want.
Types of loan in Lendora
Lendora specializes in granting microcredits online , that is, small amounts of money that are granted quickly and without so much paperwork. This makes it an ideal solution to urgent money problems, since, unlike banks, the response and availability of money are immediate .
Since these are small amounts, Lendora credits are designed for the short term . So, if you need more financing and for a longer time, you can take advantage of installment loans .
Amounts and repayment terms
Through the Lendora platform, you can contract fast credits ranging from € 50 to € 750 . To return them, you can choose a repayment term of at least 60 days and a maximum of 90 days .
Interest and commissions
Lendora loans include a series of commissions that are included within the APR , whose percentage is calculated taking into account your credit profile, with a minimum APR of 0% and a maximum APR of 36% .
Suppose you request a microcredit for € 300 to be repaid in 65 days . In that case, € 10 interest and fees are charged, so in the end you must return € 310 with an APR of 19% .
If you want to know how much you will have to pay for each loan, you can use our loan simulator or the one that appears on the Lendora website. There you will see the amount of the loan, the costs and the total to be returned, all in a transparent way.
Now, if you are a new customer, you should know that Lendora allows you to enjoy a free first loan , that is, with an APR of 0%. In this way you end up paying the same amount that you requested, without incurring additional costs.
The repayment of the loan is made through a deposit to the bank account provided by Lendora at the time the application is approved.
What are the requirements to apply for a loan at Lendora?
Given that Lendora is only an intermediary that connects you with private online lenders, the conditions for applying for a loan will depend entirely on each of these entities.
However, we can mention some common basic requirements for most fast loans, including:
- To be over 18 years old.
- Have a valid DNI or NIE.
- Reside in the United States.
- Be the holder of a bank account in United States.
- Have a source of recurring income.
- Have a mobile number and an email address.
Lendora loan with Credit Checker or FICO, is it possible?
We know that being part of solvency files such as Credit Checker and FICO makes it difficult to obtain financing from credit institutions. Fortunately, Lendora has the supply of lenders who grant mini-credits with Credit Checker and FICO , so this is not a problem.
If you find yourself in any of these files, you still have the possibility of obtaining financing through Lendora. Just check the negative credit history box on the application form , and Lendora will connect you with the lenders whose proposals suit your condition.
Lendora United States reviews
With more than 394,790 credits granted , Lendora has quite positive opinions that attest to its effectiveness and reliability.
Many of the users who have used its services value the availability of updated information on credit companies, as well as Lendora's speed in issuing a response to their requests. One of the main advantages that stand out is saving time when looking for quick loans ; and they do not need to search for offers page by page, since they find everything in one place.
In conclusion, Lendora is a serious and responsible platform that works to offer suitable financing proposals for its clients, together with numerous professional lenders , whose credits adapt to multiple needs.
It is not necessary that you have a guarantee to request a loan, you can obtain financing without providing any type of guarantee.
Yes, Lendora helps you process fast loans regardless of whether you are part of delinquency files.
The interest on the loan will depend on the amount, the repayment term and the lender that grants it, and may range from 0% to 36% APR.
Once your application is approved, the lender transfers the money to your bank account immediately. Receiving the money may take more or less time, depending on the entity and the bank you work with.
If you want to contact Lendora to clarify any questions related to their services, you have the following contact information to do so:
- Email: [email protected]
- Address: Ekkehard-Hauer-Straße 10, 8052 Graz, Austria.
Keep in mind that, when making any inquiry or claim about your loan, you must contact the lender you hired directly. Don't forget that Lendora is just a middle man.