Do you want to find out about the www.myinstantoffer.com sign in process?
Since you’re on this page, you probably do.
MyInstantOffer is a San Francisco based peer-to-peer lending platform. It gives investors the chance of maximizing their returns on investments.
And it gives borrowers the chance to get up to $40,000 through MyInstantOffer Pre Approval loans that have to be paid off within 36 to 60 months. MyInstantOffer, in turn, is owned by Lending Club, which is one of the world’s largest online lenders.
In this article, we’ll guide you through the Lending Club login process and show you how to create a MyInstantOffer account.
MyInstantOffer.com Lending Club Login Process
The following steps will take you through the MyInstantOffer Lending Club login process:
- Turn on your computer and connect to the internet.
- Access an internet browser such as Safari or Chrome and go to lendingclub.com.
- On the home page, click on the ‘Sign In’ button.
- Now you’ll have to enter your email address and password. The browser will ask you if you want to remember the password. You can select to remember it for future sessions.
- click on ‘Sign In’ again and you’ll complete MyInstantOffer login.
If you don’t remember your password, you can also click on the ‘Forgot Password’ option. To do so, you’ll have to enter your email address. A verification code will be sent to your registered email address.
Access that email and enter the verification code in the next screen. This will help you reset the password.
Be sure to choose a password you can remember. Once you do this, you’ll be able to login via the aforementioned steps.
So now you know the www.myinstantoffer.com sign in process. You can login and start lending or borrowing funds!
Do you not have a MyInstantOffer account?
If not, you can read the next section to learn how to create a MyInstantOffer account.
How to Create a MyInstantOffer Account
The following steps will show you how to create a MyInstantOffer Lending Club account:
- Turn on your computer and connect to the internet.
- Access an internet browser like Chrome or Safari and go to lendingclub.com.
- Go to the ‘Sign In’ option.
- You’ll find an option called ‘Don’t have an account yet?’ Click on that.
- Enter all of the requested information. This will include your state, account type, and your official email address and password.
- Once you enter the aforementioned details, click on ‘Next’.
- A verification email will be sent to your email address. You have to access that email and click on the provided link. This will verify your identity.
- Now you can access your account and connect it to your bank account. Following that, you can choose an investment strategy and start investing or borrowing.
For all future sessions, you can sign in to your account using the steps highlighted earlier in “MyInstantOffer.com Lending Club Login Process”.
MyInstantOffer.com Lending Club Account Features
MyInstantOffer provides various features and functionalities for both investors and borrowers. Let’s briefly look at what investors and borrowers can do with MyInstantOffer.
With MyInstantOffer, investors can engage directly with borrowers and come upon mutually beneficial deals.
MyInstantOffer gives both small and large investors an opportunity to maximize their returns. Investors may finance complete loans and received payments with interests on a regular basis.
However, smaller investors can also buy “notes”, i.e., a fraction of complete loans. A single note can be purchased for as low as $25. As such, you don’t have to be incredibly rich to invest with MyInstantOffer.
MyInstantOffer Lending Club also gives its lenders the chance to engage in Manual or Automated Investments. Manual Investments are those wherein the investors get to personally vet all of the borrowers’ loan requests and strike a deal with the correct borrower. Automated Investments are those wherein investors can simply enter their criteria on their account, and MyInstantOffer automatically finds notes for them to invest in.
These loans are graded from A to G based on their risk potential. Grade A loans are generally extremely safe so they incur low-interest rates and offer smaller potential returns to the investors. Grade G loans are high risk but they offer extremely high interest and high returns to the investors.
Investors can find the various investment types based on risk and reward calculations in their account. They are categorized as Options 1, 2, and 3. Option 1 is the lowest risk with greatest returns and Option 2 denotes high risk and high returns.
MyInstantOffer gives borrowers the chance to get high loans approved, often without any collateral.
MyInstantOffer Lending Club offers fixed-rate loans for a period of 36 to 60 months. The rate of interest is determined by two primary factors – the borrower’s credit health, and the term of borrowing.
Borrowers with an excellent credit history, employment history, credit score, etc, will be offered Grade A loans that incur low-interest rates. Borrowers with a poor credit history will be offered Grade G loans that incur high-interest rates. Furthermore, those who borrow for just 36 months have to pay lower interest than those who borrow for 60 months.
MyInstantOffer gives out three types of loans – Personal, Business, and Medical.
Personal Loans are capped at $40,000, with no collaterals needed. Business Loans are capped at $300,000, with collaterals needed only after $100,000. And Medical Loans are capped at $50,000.
However, Lending Club is very exclusive to the borrowers they approve. As such, if you’re a potential borrower, you’ll have to maintain a strong credit history.
Based on all the provided information, are you ready to start investing or borrowing with MyInstantOffer?
If so, you can use the aforementioned steps to create a MyInstantOffer account and started lending and borrowing!