What We Are
CommunityLend helps Borrowers get better rates by turning personal loans into Investment Opportunities
Borrow
Borrow at rates from:
6.63* % APR
Invest
Invest in Loans from:
6-29 %
Connect
Getting Communities involved in Lending.
Get better rates by uniting together.
Active Loan Requests
How it works:
Our Growing Community:
CommunityLend is currently available to residents of Ontario
Cumulative statistics: **
-
- Loan demand:
- $29,134,000
-
- Loan Requests accepted:
- $1,896,200
-
- Average Loan Size:
- $8,732
-
- Average Interest Rate:
- 15.5%
-
- Members:
- 5,779
From Our Blog
* Example: Annual Percentage Rate (APR) representative example. Loan of $25,000 @ 6%, with borrower fee of $250 = 6.63% APR.
** All statistics are cumulative up to July 31st, 2011, including those loans declined.
