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31 articles
What does Credit Utilization mean in the Borrower's profile?
What does payment history mean in the borrower's profile? ๐Ÿ’ฐ
What does Derogatory Marks mean in Borrower's profile?
Can I cancel my loan before the term is complete?
Can I fund a portion of the requested amount? ๐Ÿ‘€
What can I do to improve my returns? โ†—๏ธ
How will I know when a Borrower makes a Payment? ๐Ÿฆ
What happens if the Borrower Defaults on their loan?
What Information is Required to Start Investing on Lenme?
How can I transfer money between my bank account and my Lenme account? ๐Ÿ’ธ
How can I Cancel my offer? โœ–๏ธ
What are Hard Inquiries on a Borrowerโ€™s Profile? ๐Ÿค”
Are Lenders Charged Monthly Subscriptions for Using Lending services on Lenme?
What is the Loan Automation Feature? ๐Ÿ’ธ
How Can Lenders Set their Lending Criteria in Automation Feature? ๐Ÿ“‹
Are Automation Workflows available only for cash loans? ๐Ÿค”
What Conditions can Lenders Set in their Automation Workflows โ“
Can Lenders Manage the Interest Rate while Sending Offers to Borrowers in Automation?
Will the Automation Workflow Automatically Deploy Funds after the Borrower Accepts a Loan Offer from a Lender? ๐Ÿฆ
How Many Automation Workflows can a Lender Create? #๏ธโƒฃ
How do you Activate Automation Workflows After Creation? โœ…
What is the Minimum Loan Amount Funding Requirement to use the Automation Feature? ๐Ÿ’ฒ
What is the Salus Score? ๐Ÿ’ฏ
Can Lenders Edit their Automation Workflow after it has been Created? ๐Ÿค”
Are there any Additional Fees Associated with using the Automation Feature? ๐Ÿ’ฐ
What happens to the automation workflow if the lenderโ€™s account has insufficient funds? โŒ
Is there Customer Support Available for Setting up the Automation Workflow? ๐Ÿ“ž
What is the New Third-Party Scoring Apps Feature? ๐Ÿค”
How do I Activate a Scoring Model for my Lending Decisions? ๐Ÿ“ฒ
What are the benefits of using Scoring Models? ๐Ÿš€
How much does it cost to activate these Scoring Models? ๐Ÿ’ฐ