When you’re hit with an unexpected expense, it can derail even the best-laid financial plans and leave you scrambling to make ends meet. Traditional banks can take far too long to deliver funding and seem to ignore customers with less-than-perfect credit. Options like payday loans can plunge borrowers into a debt cycle that can be difficult to escape. We knew there had to be a better option for people who needed emergency funding – so we created it.
We created an online application that can be completed in a matter of minutes. Our proprietary underwriting system can process applications in seconds. In most cases, we can have funds transferred the business day after an application has been processed and approved, as long as necessary cut-off times have been met.*
Lendumo supports the responsible use of credit. We encourage our customers to borrow only the minimum amount needed to cover their emergency expenses and to pay their loan back as quickly as possible. With this in mind, Lendumo does not charge any penalties or fees for early payoffs. To pay your loan off early, you can pay off the entire balance, make extra payments, or pay more than your scheduled amount.
Customers receive U Rewards Points they can exchange for national brand gift cards.
Our friendly Customer Service Agents are available 24 hours a day.