Reviews About lendumo loans
With its online application process and potential fast funding, Lendumo provides short-term installment loans for small amounts. It is true, though, that Lendumo’s loans can be costly, and the lender shares its rates only after you apply.
For the first-time borrower, Lendumo offers a loan amount of up to $1,200, and for the repeat borrower, a loan amount of up to $2,500. Lendumo personal loans don’t require repayment by your next paycheck, unlike payday loans. A series of installments is paid back over the course of several weeks or months, rather than a single payment.
In today’s article, we’ll give answers to all questions to reviews about lendumo loans, which includes: Lendumo review, how does Lendumo work, how to loan money on Lendumo, Lendumo Login, Lendumo sign up, Lendumo Referral, Lendumo customer service, is Lendumo legit or scam, and more.
By the end of this article our team, Tunnelgist.com is sure you must have arrived at a solid decision on if Lendumo legit, safe or scam, or maybe fake, as we assure every piece of information provided is authentic.
Without wasting more time, let’s get started with lendumo loans review.
In this Lendumo review, we’ll touch on various aspects of Lendumo review, which would help you know if this new make-money website can be trusted or fraudulent.
Also please note: This Lendumo loans review doesn’t verify it all, so in the nearest future things might change and if anything goes wrong we won’t be held responsible for any reason.
What is Lendumo Loans?
An online lender called Lendumo, which was previously known as Amplify Funding, offers small loans for short term periods. Lake Superior Chippewa’s Lac du Flambeau Band operates the company as a tribal lender in Wisconsin.
How does Lendumo Works?
First-time borrowers can borrow up to $1,200 on Lendumo, and repeat borrowers may borrow up to $2,500. With a personal loan from Lendumo, your payments don’t have to be made by the next payday. As an alternative to a monthly payment, these loans are structured as installment loans.
Late payments incurred by Lendumo are subject to a $30 fee. Payments returned by your financial institution due to insufficient funds or unrecognized for any other reason will carry a $30 fee.
There is a significant difference between these fees and small loan amounts. In the example above, $30 of your loan principal would be 6% of a $500 loan. Please keep in mind that the fees on top of the interest rate are additional.
How to Apply for a Loan On Lendumo?
In order to qualify for a Lendumo loan, you must be at least 18 years old, citizen of the United States, and have a checking account and regular income. You cannot apply if you are an active military member (and your dependents).
The Lendumo loan application can be completed online. Your potential rate can only be viewed after submitting the entire application.
The loan agreement can be reviewed and electronically signed once your application is approved. Providing verbal verification of your information will also require you to contact Lendumo.
Lendumo Sign Up
When signing up for lendumo, you will have to email address, phone number, address, birth date, and name.
Also, click on this link to get started immediately.
For lendumo login, kindly use the link here to be redirected to lendumo Login, then input the details you used while creating an account on the platform to complete the process.
Lemundo Interest Rate
There is a significant difference between these fees and small loan amounts. If you borrowed $500, a $30 fee would represent 6% of the principle. Moreover, the interest rate on the loan is not included in these fees.
Lemundo Phone Number
This are the medium to contact lemundo phone number & email address. Click on this link to contact lemundo directly and view their number.
Lemundo Customer Service
You can direct contact lemundo using the contact us page on lemundo official website, or rather to ease your stress, click on this link to automatically reach the lemundo Customer service page to lay your complain!
Is lemundo or Scam?
Firstly I’ll like to let you know that the lemundo website URL is unavailable right now. This is a sign that this website isn’t here to stay, because downtimes like this might affect users that are about to loan from the their platform.
So with that, lemundo loans platform can’t be trusted at the moment.
Thanks so much for reading this article till the end, that’s all for the reviews About lendumo, if there is more you want to add to this review, feel free to comment down below.