frequently asked questions

Your questions, answered.

Answers to questions you might have for us.

Frequently asked questions

What is Crendly?

Crendly is a platform where real people come to support real people. We match borrowers to lenders so that they can get the cash at an incredible speed to meet their needs and chase their dreams. We match lenders to borrowers to not only enable them earn a living, but feel good about supporting others. In totality, we are reinvigorating the power of collective responsibility and building a community on trust, empathy and kindness.

Is Crendly a Bank?

No, Crendly isn't a bank. Our platform makes it possible for everyday people whether they are traders or even bankers to exchange value with themselves without third parties like banks or loan companies getting in the way.

How can I earn money with Crendly?

Simple. Become a lender on Crendly, and lend people money at the interest rate you choose. When they pay back the money you lend, you’ll get extra cash on top. Rinse and repeat  

How do I borrow cash on Crendly?

Easy. Simply join the waitlist and we’ll let you know once you can use Crendly to borrow the cash you need

What is the interest rate on loans like?

Crendly’s sole aim is to make interest rates fair and affordable. We know you need the support, so we won’t make it hard for you to get. On crendly, you can choose the lender with the best interest rate for you; even then, you’ll never encounter interest rates too high to be true.

How does Crendly protect lenders?

One major selling point for Crendly is matching a lender with a low risk borrower. With an extensive algorithmic evaluation on matched borrowers, paying back loans would be nothing to worry about.

Who Wins on Crendly?

Everyone! When you lend, you are making someone happy. When you receive, the quality of your life increases. When people give and receive freely, the world becomes a better and brother place.

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