LendingPoint

LendingPoint Employees

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LendingPoint Company Information

Founded in 2015, LendingPoint provides personal loans ranging from $2,000 to $36,500 with annual percentage rates (APR) between 7.99% and 35.99%, and repayment terms from 24 to 72 months. The company operates in 48 states and the District of Columbia, excluding Nevada and West Virginia. LendingPoint uses proprietary AI-driven technology to evaluate applicants’ creditworthiness, focusing on factors beyond traditional credit scores. Since its inception, the company has issued over $9 billion in loans. Additionally, LendingPoint offers business solutions tailored for healthcare providers, contractors, and financial institutions. The company also provides a mobile app that helps customers manage their personal loans, monitor their spending, income, and debt, and track their credit scores. LendingPoint employs stringent security measures, including encryption, to safeguard personal and bank information, adheres to multiple state licensing requirements, and complies with the USA PATRIOT Act for identity verification.

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Companies similar to LendingPoint

Oportun is a Community Development Financial Institution offering personal loans, credit cards, and a savings tool, with an all-in-one app for managing finances.

People indexed

VIVA Finance, Inc. offers unsecured personal installment loans up to $10,000 with APRs ranging from 11.99% to 35.99%, primarily based on employment information. The company provides a quick application process with fast funding and holds various lending licenses across multiple states.

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