On your platform, a failed loan request means the user was deemed ineligible due to various reasons and the system declined the user’s loan request. The failed reason(s) are visible to you on the Lendsqr admin console whenever you check the decision data for the failed loan request.
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Lendsqr.com is NOT a lender, does not make offers for loans, and does not broker online loans to lenders or lending partners. Lendsqr.com is not a representative or agent of any lender or lending partner. Lendsqr.com is a lending-as-a-service cloud platform for licensed lenders. These disclosures are intended for informational purposes only and should not be construed as or considered legal advice.
