Lendee: Support from Friends and Family When You Need It Most
Lendee is a platform designed to help you connect with friends and family for support during life’s unexpected challenges. Whether overdue utilities or urgent repairs, Lendee makes it easy to ask for and receive help from the people who care about you the most.
How Lendee Helps You Connect
Simple Request Process: Easily create a request and share it with your friends and family. Clearly outline your needs so they can understand how to assist you.
Secure and Private: Your request stays within your trusted circle. With robust security measures and encrypted data, Lendee ensures that your information remains safe and confidential.
Fast and Focused Support: Lendee streamlines the process, allowing your friends and family to support you directly and quickly, ensuring help arrives when it’s needed most.
A Complete Solution for Assistance
When it comes to seeking and offering support, Lendee provides complete peace of mind. It’s a fast, secure, and user-friendly app for all Recipients and Supporters, ensuring assistance is managed with care and transparency.
Requested Amount Range: $100 to $1,000.
Why Choose Lendee for Friends and Family Support?
Transparency and Trust: Lendee keeps everything straightforward, helping your loved ones understand your needs and how they can contribute.
Flexibility: The platform allows for adaptable arrangements, giving everyone peace of mind.
Ease of Use: Lendee is user-friendly, making it simple for you to share your request and for your friends and family to respond.
How to Get Started
Create and Share Your Request: Explain your need and share it with your trusted circle.
Receive Support: Your friends and family can respond directly, providing assistance in a way that works best for them.
Stay Connected: Lendee keeps you updated with notifications and tools to manage your requests with ease.
Lendee is here to bring you closer to the people who care about you. Download the app today and make reaching out for support simple, secure, and stress-free.
APR Calculations: Minimum and Maximum Period for Repayment:
Lendee facilitates microfunding requests from $100 to $2,000, with repayment periods determined by the agreed-upon terms between lenders and borrowers. APR is calculated based on the total fees and interest applied over the repayment period, expressed as an annualized percentage.
Example APR Calculation (Single-Payment Loan):
Requested Amount: $1,000
Repayment Term: 61 days
Estimated Fees & Interest: $150–$350
APR Calculation: (Total Fees ÷ Loan Amount) ÷ Loan Term (in years) × 100%
APR Range: 15% – 35%
Total Repayment: $1,150 – $1,350
Example APR Calculation (Recurring Loan):
Requested Amount: $1,000
Repayment Term: 12 months
Estimated Fees & Interest: Up to $350
Monthly Payment: $113.33
Total Repayment: $1,350
APR: 15% – 35% based on repayment structure
Minimum repayment period: 61 days
Maximum repayment period: 12 months
Maximum APR: 35%
Fees & rates are set by individual lenders
Note: APR calculations include all applicable fees and interest. No additional hidden fees apply beyond the agreed-upon terms