Borrower’s System Fee Reduction
P2P lending platform LendaBit.com is always at the forefront of fintech innovations and strives to make the lending process easy, straightforward and unbiased for all platform members.
Considering the fact that more and more people start using the LendaBit.com services, the platform made a well-balanced decision to reduce the borrower’s system fee in 2019 and set one standardized commission fee in the amount of 1%. Just like that!
If earlier borrowers were charged system fee dependent on the issued loan amount (varying from 0.5% to 3%),
now it’s equalized and borrowers can apply for loans at the best rates and terms!
Lender’s system fee is set to 0.5%.
Fundamentally, LendaBit.com was created by professionals for all people worldwide. The lending platform’s aim is to satisfy the ever-growing customer needs, wants and demands.
Deniss has been in asset and risk management for more than 20 years in one of the top Latvian banks.
He is highly proficient in finance, investing, blockchain and startup development.
Being CEO at LendaBit.com, he is dedicated to solving company problems using impeccable judgment and critical thinking skills.