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peerform.com Finance Peer-to-Peer Lending Online Marketplace Personal Loans Investing

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Peerform is a leading online lending marketplace that connects borrowers with investors. It offers a platform for personal loans with competitive rates, leveraging technology to streamline the borrowing and investing process. Peerform is known for its innovative approach to peer-to-peer lending, providing a transparent and efficient way for users to meet their financial needs.

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Founded in

2010

Supported Languages

English, etc

Website Key Features

Personal Loans

Offers unsecured personal loans with fixed rates and terms.

Investor Opportunities

Provides a platform for investors to fund loans and earn returns.

Online Application

Simple and fast online application process with quick decisions.

Transparent Fees

Clear disclosure of all fees and rates before accepting a loan.

Loan Customization

Borrowers can customize loan amounts and terms to fit their needs.

Credit Score Impact

Soft credit check for initial application to minimize impact on credit score.

Secure Platform

Uses advanced security measures to protect user data and transactions.

Diversified Investment

Investors can spread their investment across multiple loans to reduce risk.

Automated Investing

Options for automated investing based on predefined criteria.

Customer Support

Dedicated customer support for both borrowers and investors.

Additional information

Headquarters

New York, USA

Regulation

Peerform operates in compliance with U.S. federal and state lending laws.

Loan Range

Offers loans ranging from $4,000 to $25,000.

APR Range

Annual Percentage Rates (APRs) range from 5.99% to 29.99%.

Term Length

Loan terms vary from 1 to 5 years.

Minimum Credit Score

Requires a minimum credit score of 600 for borrowers.

Funding Time

Loans are typically funded within a few days after approval.

Prepayment Penalty

No prepayment penalties for paying off loans early.

Investor Returns

Investors can expect returns ranging from 5% to 10% annually.

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Security headers report is a very important part of user data protection. Learn more about http headers for peerform.com