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- Arro: Credit Your Way Vs. Lenme: Investing and Borrowing
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Arro: Credit Your Way vs Lenme: Investing and Borrowing Usage & Stats
Get up to $200 credit limit with the Arro Card and immediately grow your credit limit while you learn how to master your finances. Are you ready to take control of your finances and learn how to manage your money? Meet Arro— the financial app that believes in you.
Apply for the Arro Card in 5 Minutes or Less
Our goal is to give people a chance. We provide credit access at fair rates, regardless of your credit score. In fact, you only need a bank account to apply. The application can be completed in under 5 minutes.
Use the Arro Credit Card Immediately
Get immediate access to a virtual Arro Card while your physical Arro Card arrives in the mail. Whether you plan to use credit to pay essential bills — rent, utilities, gas — or you’re just looking for an opportunity to build a better credit score, the Arro Mastercard credit card can be used immediately so you don’t have to wait. Add your virtual Arro Card to your mobile wallet instantly to start building your credit.
Unlock Rewards & Grow Your Credit
We believe that strong habits now lead to a healthier financial future. That’s why we reward you for learning more about your personal finances and building good financial habits that stick. Grow your credit by achieving goals in the Arro app such as:
• Completing bite size financial education lessons
• Making back-to-back payments
• Signing up for autopay
• And more!
Master Your Personal Finances
Financial literacy is key to achieving financial freedom. Our in-app personal finance lessons include tips, hacks, and guides to better your credit score and personal finances. Lessons cover all of the topics below and more:
• Managing credit
• Increasing your credit score
• Budgeting for the future
• Smart shopping tips
• Saving for the future
• Investing for retirement
• Selecting the right bank accounts
• Understanding interest rates and debt payoff
• Protecting yourself against predatory lending
• Planning for home ownership
• Protecting your health and your assets with insurance
• Increasing your income
• Using personal loans
Track your Credit Score for Free
With the Arro app, you can track your credit score in real-time to see your financial progress. We help you build your credit by reporting to all three major credit bureaus: TransUnion, Experian, and Equifax.
- Google Play Store
- Free
- Finance
Store Rank
- -
Lenme app is the perfect tool helping in all connections between borrowers and investors.
Borrowers can get all the loans they need in minutes with total ease! We even allow users to continually increase their loan limit eligibility while requesting loans through the App. Until you are eligible for loans that can reach up to $5,000!
And if you have the interest to invest in lending. Lenme is your perfect gate to earn some cash and generate good passive income. Gain returns you have always looked for!
Benefits you can get for as low as $1.99 a month:
- No credit score required, debt-to-income ratio, or paperwork hassle.
- Creating your borrower profile and requesting a loan won’t take more than 3 mins!
- Thousands of Investors will compete to offer the best rates and you will have the power to choose.
- Get funds transferred to your bank account as quickly as the same day
- As long as you pay back your loan your limit will keep increasing until you are eligible for up to $5,000!
Lenme has the perfect investing platform!
- Diversify portfolio in a market with low volatility.
- Easily select investments that suit the level of risk you’re comfortable with.
- Enjoy withdrawing your earnings at no cost.
- Investment assistance with Lenme predict service.
- Invest in almost risk-free loans backed by Crypto as Collateral.
Lenme has a new loan just for you - borrow up to $10,000 using your Crypto-Wallet as collateral. Borrowers owning crypto can now connect their wallets to the app and request bigger limit loans. Investors can earn up to $1,700 when funding!
Lenme is a lending platform that connects people looking to borrow money with financial institutions, lending businesses, and individual investors looking to invest in the loan market. Users remain completely anonymous throughout the entire borrowing/lending process. For transparency and to encourage a fair and competitive market, the “feed” tab within the app allows users to see which loans are being funded and all associated fees. Loans shown on the "feed" reflect loans funded through the Lenme platform, some of which may not be available to Android users.
Lenme offers a monthly/annual subscription through Google Play. Subscriptions will automatically renew unless canceled within 24 hours before the end of the subscription period. You can cancel anytime via your Google Play account.
LenmePredict, our machine learning algorithm, is a standalone product offered for lenders through Apple Pay for purchase either per-use or monthly/annual subscription. Subscriptions will automatically renew unless canceled within 24 hours before the end of the subscription period. You can cancel anytime via your google play account.
Crypto-backed loans, our new product allows investors to fund cash loans backed by cryptocurrency owned by the borrower. Cryptocurrencies are used as collateral and may be liquidated in case of default or sudden price drop of the held currency.
Since our app is not directly involved in the lending decision, we cannot guarantee the interest rate borrowers will be offered. For example, Loans backed by cryptocurrency have a maximum interest rate (APR) of 25%. All borrowers have the option to request a loan on our platform for up to a 12-month repayment period and a minimum of 2 months paid in installments. Android users are not allowed to request loans that require repayment in full in 60 days or less from the date the loan is issued. Lending decision is based on multiple factors viewable on our app, including credit, income, and cash flow analysis.
A representative example of the total cost of the loan, including all applicable fees: If you borrow $1,000 over a term of 1 year with an APR of 12% and an origination fee of 1%, you will pay $89.75 per month. The total amount payable will be $1,076.96, with total interest and fees of $76.96.
For more information, see our Terms of Use and Privacy Policy.
https://lenme.com/privacy-policy
https://lenme.com/term-of-use
- Google Play Store
- Free
- Finance
Store Rank
- -
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Arro: Credit Your Way VS.
Lenme: Investing and Borrowing
December 8, 2024