The Lending Hub system will check and process a borrowing application within less than a minute (assuming you have a traceable credit history and have provided all required information). Now instead of waiting at a bank or searching for your nearest branch we’ll be able to process your details in less time than it takes to grab a coffee!
If we require any physical documents (e.g. payslips or bank account statements) you can upload a scan directly to your Lending Hub account. No need to mail us anything (unless you really want to of course).
As do most p2p lending services, Lending Hub will not charge a fee for early repayment of loans, which it says is an advantage over most other lending services in Australia.
You can also read a guest article by Ivan Martelli, Director of Lending Hub