"I was looking for an alternate investment opportunity which would give me a steady cash flow. I invested in peer to peer loans through LenDenClub. I receive regular monthly EMI payments directly into my account. The loan performance is also good."
"Having been an active investor in the P2P segment as a lender, I have always cared about three key areas: 1. Credit Assessment, 2. Collections Capabilities, 3. Interface to manage loan volumes. Having spent the last three months tracking these areas, I find the team at LC clued in to our needs and has been able to deliver a platform that handles all three areas well. They continue to "listen" to our needs and respond quickly. I also like their principled and grounded approach to the credit business, personal attention to key clients, clean & useful UX and a very well-set team managing their client services and collections areas that always will need a human-touch irrespective of the digital transformation that this segment is going through."
“The new kid on the financial block "LenDenClub.Com" came in from behind to offer comfort in the investing process. As a lender, I experienced an excellent front & back office support by LenDenClub taking out the creases and the leg-work in lending operations. Right from the very first transaction, through LenDenClub, the quality and depth of service has been wonderfully consistent, leading to appropriate investment decisions. LenDenClub has allowed through a balanced mix of relatable online and personal contact processes to have the information run in real time, thereby providing vital status feedback of each and every investment I make. In the near future, I am planning to make most of my investment flow through LenDenClub.Com”
“I have been using the LenDenClub platform for quite some time. I''m extremely pleased with the overall experience and the quality of borrowers being positioned on the platform. They are very professional and the customer service provided by all the staff is excellent. Their website interface is one of the best in the industry and they also provide good MIS. I wish them all the best of luck and exponential growth in the months to come.”
“For me P2P funding was a totally new word and when I learned about the process through net, I was in doubt whether to put step into such an unknown process. Then I searched for the popular Indian P2P sites, there I found the LenDenClub. And before registration itself I could speak to the customer care executive who is very friendly to deal with. I cleared all my doubts before the registration process itself. The customer care team is very energetic and easily approachable. They keep us updated with all the new listings on the site. Regarding the website, it’s well formatted. At a single glance itself, we can easily draw the conclusion of each listing. It’s totally hassle free. From my experience, all the EMIs are paid on time. Even if there arise any delay in EMI (which occurred to me for 1 EMI) the back end team make proper follow up and keep us updated. The most important attraction is that the LenDenClub team sends me the original agreement in which the borrower has physically signed. I would like to recommend LenDenClub as the best P2P platform.”
“I am an investor on Lendenclub since the last few months. I have found the platform very much investor friendly with lot of creditworthy borrowers listed on it with attractive interest rates. The site provides lot of reports which help an investor to monitor his investments on a regular basis. Further the executives at the platform has been helping me in handpicking the borrowers with good credit ratings. Very much satisfied and excellent experience so far.”
"From the loan I received through LenDenClub I was able to pay off my credit card debt at half the interest rate. None of the banks in whole Mumbai was ready to give me loan, which is given by LenDenClub. Thankyou LenDenClub for saving my hard earned money."
“One of my friend referred LenDenClub to me when I could not get loan from banks due to low salary. I was happy to know that the salary amount is not the only criteria here. I could get a loan for home renovation. Everything is online and hassle free. I underwent all processes from the comfort of my room.”
Disclaimer
The Reserve Bank of India does not accept any responsibility for the correctness of any of the statements or representations made or opinions expressed by Innofin Solutions Private Limited, and does not provide any assurance for repayment of the loans lent through its platform.
LenDenClub is an Intermediary under the provisions of the Information Technology Act, 1999 and virtually connects lenders and borrowers through its electronic platform via the website and/or mobile app. The lending transaction is purely between lenders and borrowers at their own discretion, and LenDenClub does not assure loan fulfilment and/or investment returns. Also, the information provided on the platform is verified or checked on the best efforts basis without guaranteeing any accuracy of the data/information verification. Any investment decision taken by a lender on the basis of this information is at the discretion of the lender, and LenDenClub does not guarantee that the loan amount will be recovered from the borrower, fully or partially. The risk is entirely on the lender. LenDenClub will not be responsible for the full or partial loss of the principal and/or interest of lenders’ investment amounts.
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