The Platform Fee at LenDenClub is determined strictly by the Loan Tenure of the specific loan. This fee is charged on the principal lent and is deducted from the repayment received.
The applicable fee percentages based on the loan duration are as follows:
1–3 months: 1%
4–6 months: 3–4%
9–12 months: 6%
Was this article helpful?
That’s Great!
Thank you for your feedback
Sorry! We couldn't be helpful
Thank you for your feedback
Feedback sent
We appreciate your effort and will try to fix the article