The Lendsqr tiering system gives lenders more control over the platform. It is also a good security feature as it ensures that only the users who have met your specified KYC requirement get higher rights.
The Lendsqr lending platform makes use of a tiering system, and this is depicted as stars on users’ profiles. The system makes use of three tiers and users are automatically assigned to tier-one after onboarding. Each tier gives your app users specific rights and limits.