Payday loans are expensive and lead borrowers to greater debt in the end. LendFu provides a fundamentally different approach to Payday lending. With 0% interest, flat fees and peer-to-peer lending, LendFu enables individuals and non-profit lenders to help borrowers build personal financial health and stability.
The LendFu marketplace provides a socially responsible peer to peer alternative to payday loans. Borrowers get the convenience of online payday lenders via smartphone or web, at a much lower total cost, 0% interest, flexible payment rescheduling and credit building.
In addition, our platform supports non-profit lending, enables organizations to start a lending program in less than an hour, enabling them to start helping within their communities or to further their cause.
Our mission at Social Lending is to help all Americans have access to lowLearn more at www.LendFu.com/how-it-works
cost credit when they need it most
Social Lending Fpc foundedMarch, 2013
LendFu Marketplace beta - launched for web and mobile in CaliforniaJuly, 2013
LendFu Marketplace - Installment loan support - end of betaFebruary, 2014
LendFu Marketplace - platform for non-profit lending in CA/FLFebruary, 2015