LendingKarma Basic includes a custom PDF loan agreement and the ability to receive email payment reminders.
LendingKarma Premium includes all the features of the basic product, plus end of year reporting to help with taxes, and access to our flexible online payment tracker.
We've created a comparison of product features to help you choose the product that best suits your needs.
I highly recommend them to anyone who is lending money whether it’s to a friend or a small business – their service is so professional and easy it makes the lending process painless!” Edie Thompson Owner SWAT Academy, LLC Select The LendingKarma Custom Loan Agreement Product That's Right For You! LendingKarma offers two different custom loan products to help you set up and track your person-to-person loan.
For a fraction of what you'd pay for a lawyer, our service can guide you through the entire process. Save Hassle! Remembering to keep up with payments or worse, having to hassle others about payments, is a pain.
Product Features LendingKarma Premium LendingKarma Basic Legally Binding Loan Document (View sample loan document) Support Secured and Unsecured Loans Legally Binding in all 50 States Online Storage for Your Document Clear Step by Step Instructions Payment Schedule Email Payment[...].
Protect Relationships! LendingKarma can help stop disagreements and problems before they start, and help you protect your relationship! Stay Organized! LendingKarma grants permanent access to your loan document, tax reports, and loan details for all loan participants.
“LendingKarma has made it extremely easy for me to invest in businesses with confidence. Their loan agreements are concise, thorough and easy for all parties to understand. The best part of their service is that you can track your loan's payments online so easily and it calculates everything out with ease.
Our payment reminders can help. Easily Track Repayment! Our simple but powerful payment tracker helps keep your loan current and accurate.