I came upon this service while I was browsing for new emerging trends, Lenddo. Very interesting, the concept is simple. You want to have a loan, for you to have a loan you need to have a credit history but how about the one’s without credit history? All they have is their own reputation. Lendo maximizes the use social media accounts as an alternative to your credit history
So how do you maximize this kind of service?
- Student Loan https://www.lenddo.com.ph/pages/education_loans
- Home Loan https://www.lenddo.com.ph/pages/home_repair
- Business Loan http://www.lenddo.com.ph/pages/business_loans
Where to start? Its simple simply follow these steps:
- Register account
- Link your social media accounts to increase your reputation
- Form a community by inviting your friends and family
- Fill out your application form
It’s amazing how your social media account can be a powerful tool. Back then no one wanted to share their personal data online, but now I can say most of our profiles are already online and with real data. It’s a very useful tool to leverage social media as one of your biggest asset. With the Philippines having 32million users and 90+% penetration rate for Facebook, this might be a game changer on how we deal with loans.
Getting a reputable score in Lenddo is simple, by simply linking your account you’d get 500 points instantly.
Registration would take up roughly 5 minutes to complete. All you need is email/contact details and link your social media accounts then you’re done!
Of course a mobile app to compliment this would be great. For the population in the area of C and D market chances are their first internet experience would be on a mobile phone. Imagine if later on this would be partnered with OFW’s around the world and how fast transactions can be.
More details: https://www.lenddo.com.ph
What do you think of this service? Hit us a comment!
