What states does Lendly serve?
What states do you currently offer loans in? A Lendly loan is currently offered in Arizona, Arkansas, Delaware, Florida, Idaho, Indiana, Kentucky, Louisiana, Michigan, Mississippi, Missouri, Montana, Nebraska, New Mexico, North Dakota, Ohio, Oklahoma, Tennessee, Texas, Utah, Washington, Wisconsin, and Wyoming.
What happens if you don't pay Lendly back?
Lendly mentions that since there are no early repayment penalties, you can pay off some of your loans to lower your loan amount. However, you may still have to pay some interest. Overall, your loan amount options are very limited with Lendly.
Is Lendly a real loan company?
Lendly is an online lender that offers small loans of up to $2,000 to people with at least six months of job history. Stellar credit isn't required, but be aware that you'll have to let Lendly draw directly from your paycheck for repayment.
What bank does Lendly use?
Capital Community Bank (CCBank), is a Utah Chartered bank, located in Provo, Utah, Member FDIC. Lendly loans are provided by CCBank.
What is the interest rate for Lendly?
Does Lendly report to credit?
Only reports to Experian: While Lendly does report your payments to credit bureaus, they only report to Experian. This means that paying back a loan with Lendly will only impact your credit score with Experian and will not have any effect on your credit score from Equifax and TransUnion.