LendingPoint, founded in 2014, is a fintech platform headquartered in metro Atlanta, Georgia. The company operates in 42 states across the United States, providing financial technology for consumer and business lending. Its technical work is centered on proprietary AI and data models used to power its underwriting and lending processes.
The company's primary product is an unsecured personal loan offering, with amounts from $1,000 to $36,500, fixed APRs between 7.99% and 35.99%, and repayment terms of 24 to 72 months. To date, LendingPoint has originated over $9.5 billion in personal loans. It has also expanded into lending solutions for small businesses and merchants at the point of sale.
LendingPoint operates within the online lending, consumer finance, and small business lending verticals. The company is known for its transparent terms and responsible lending practices, focusing its technology on customer-centric financial products.
