Requests A Loan
The Borrower signs up to EasyPayd & makes a request for a loan amount.
This request includes the total loan amount, the loan term & reason for the loan.
Lender Sets The
Terms Of Loan
The loan request is then added to the "Loan Pool" and presented to all available Lenders on the platform.
Any interested Lender, can make an offer to fund the loan, which will include the repayment amount. Lenders can choose their rates within legal limits.
Agreed Upon & Signed
Once the Borrower has reviewed all offers, they can accept and sign off on the one they wish to proceed with.
Loan Is Transferred
& Repayments Begin
Funds will automatically be transferred from the Lender to the Borrower, and repayments will begin at the scheduled start date.
Grow your investment portfolio
Lend to credit worthy borrowers
Cater to your appetite for risk with informed decision points
Potential to earn significant returns
Simple, personalised application process
The possibility of offers from more than one Lender
Automated repayments - simple set & forget!
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If you have any questions, concerns or need help with anything - please don't hesitate to reach out!