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What is Lendly?

Lendly offers online installment loans ranging from $1,000 to $2,000, and funds can potentially be received within 24 hours. Borrowers can conveniently repay through payroll direct deposit, ensuring an effortless payment process. The application is quick and can be filled out online in just 5 to 10 minutes, catering to those with busy schedules. Notably, Lendly is open to applicants with imperfect credit histories, prioritizing their employment records and income for loan approval. However, individuals should be aware that the annual percentage rate is significantly high, around 225%. The service operates in 22 states, and a bank account is required to obtain a loan, with repayments also needing to be made via payroll direct deposit. This repayment structure not only simplifies the loan process but also provides an avenue for borrowers to improve their credit scores over time. Lendly's mission is to create a user-friendly lending experience tailored to the needs of individuals who might struggle to access traditional credit avenues, ultimately promoting financial inclusion. By focusing on employment and income rather than credit scores, Lendly hopes to empower more people to achieve their financial goals.

What is Fundo?

Fundo, an Australian direct lender, focuses on providing short-term loans ranging from $500 to $5,000, offering flexible repayment plans and ensuring there are no hidden fees involved. The entire application process is streamlined online, allowing for rapid access to funds, with many borrowers often receiving approval and funds the same day, especially when applying during business hours. The lender prides itself on inclusivity, accommodating a diverse range of applicants, including those with less-than-perfect credit, by examining income and employment to support responsible lending. Borrowers benefit from a self-service dashboard that enables them to effectively manage their repayments and track their loan status. Moreover, Fundo employs a distinctive credit scoring system that incentivizes timely repayments and responsible borrowing, thereby enhancing future loan eligibility. With a strong emphasis on transparency and customer satisfaction, Fundo enjoys high ratings, which reflect its dedication to providing reliable and accessible financial solutions for everyone. Ultimately, Fundo's mission is to cultivate strong, lasting relationships with its clients by focusing on their financial needs and overall well-being while fostering a community of responsible borrowing. This approach not only aids borrowers in managing their finances but also contributes to their long-term financial health and stability.

Media

Media

Integrations Supported

Additional information not provided

Integrations Supported

Additional information not provided

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Lendly

Date Founded

2019

Company Location

United States

Company Website

lendly.com

Company Facts

Organization Name

Fundo

Date Founded

2018

Company Location

Australia

Company Website

fundo.com.au

Categories and Features

Categories and Features

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