Lendlife is a peer-to-peer lending platform that improves their financial health through personal loans while Lendlife serves as the middleman.
With Lendlife, loans are given out to working-class individuals with high credit scores therefore there's a guarantee that paying back is not a problem.
Also, Lendlife tries to make repayment without interest if someone is unable to pay back the loan gotten from us. This means that on most occasions, you will be given back your capital without interest if a debtor has refused to repay after the deadline and grace period. Lendlife will then use industry-standard means to get back the capital and accrued interest from the defaulter.
Lendlife offers:
1. P2P loan investment amount from ₦1,000 to ₦200,000.
2. Repayment with interest from 91days to 365days.
3. Percentage rate on lendlife is 1% - 40%.
Example:
If the loan you want to give out is NGN20,000, the loan term is 180days, and the interest rate is 40%, the total interest profit should be NGN20,000 * 40% = NGN8,000. The total amount you would be paid back would be NGN20,000 + NGN20,000 * 40% = NGN28,000.
How to get loan offers:
1 Download Lendlife app.
2 Register an account with google sign in.
3 Fill in the basic information.
4. Wait for loan offers to invest in.
5. Accept the loan offer and send the specified amount to the bank account provided.
6. Wait for the loan end date to be paid back.
Eligibility:
1. Nigerian resident.
2.18-60 years old.
CONTACT US
• We are available 24 * 7 to assist you with your request on the mobile app.