LendStreet

LendStreet is a marketplace-lending platform which helps borrowers with debt consolidation to avoid bankruptcy, reduce debt over time, and rebuild their credit.

ABOUT

LendStreet helps clients settle delinquent debt and creditors reduce losses by providing debt reduction loans.

CHALLENGE

Debt collections and consolidation programs don’t always work for consumers, and fear of being judged keeps many people who experience a financial shock from being proactive and seeking solutions.

SOLUTION

LendStreet offers consolidation loans that take someone’s entire financial situation into account to find an affordable solution. The typical LendStreet customer is someone who has run into unexpected financial difficulty, such as a health emergency, accident, or family crisis that has created a financial burden too big to pay off.

FINANCIAL HEALTH FOCUS

Unexpected financial shocks can create a financial burden too big to pay off, resulting in lower credit scores, bankruptcy, and overall poor financial health. LendStreet believes people should have affordable consolidation options that help them get out of debt and improve their financial health.

What They Do

Debt Relief for a Better Future

Fintech Focus

Lending

Team Members

Jerry Nemorin

Founder & CEO

Tom Coombs

Co-Founder & VP of Product

Year

2015

Location

Oakland, CA

Website

https://www.lendstreet.com/

Status

Active