Terms of Use
The terms and conditions governing your use of Lenme.
On this page
1. Acceptance of Terms
By accessing or using Lenme, you agree to be bound by these Terms of Use and all applicable laws. If you do not agree, do not use the platform.
2. Eligibility
You must be at least 18 years old and a legal resident of a jurisdiction where our services are offered. You agree to provide accurate, current, and complete information.
3. The Marketplace
Lenme is a peer-to-peer lending marketplace and is not a bank or direct lender. Loan offers come from individual investors and lending businesses. Lenme facilitates connections but does not guarantee that any request will be funded.
4. Borrower Obligations
Borrowers agree to repay funded loans according to the terms accepted, including principal, interest, and applicable fees. Failure to repay may result in collections activity and reporting.
5. Investor Obligations
Investors acknowledge that peer-to-peer lending carries risk, including the risk of borrower default and loss of principal. Investment decisions are made solely by the investor.
6. Fees
Borrowers may be charged a one-time origination fee plus interest set by the accepted offer. All applicable fees are disclosed prior to acceptance.
7. Prohibited Conduct
You agree not to use the platform for unlawful purposes, to provide false information, to attempt to circumvent verification, or to interfere with the platform's operation.
8. Disclaimers
The platform is provided "as is" without warranties of any kind. Lenme does not provide financial, legal, or tax advice.
9. Limitation of Liability
To the maximum extent permitted by law, Lenme is not liable for indirect, incidental, or consequential damages arising from your use of the platform.
10. Changes and Termination
We may modify these terms or suspend the service at any time. Continued use after changes constitutes acceptance of the updated terms.
11. Contact
Questions about these terms can be sent to [email protected].