How does refer a friend work? – Lenmo Inc

Lenme is currently offering the opportunity for users to earn a bonus for inviting their friends. You can earn up to $40 bonus if your friends lend or borrow on Lenme.

You can earn $40 for referring (3) investors, or $10 for referring (3) borrowers if your friends meet the following criteria:

Your friend uses your referral link to sign up and create their Lenme account.
Your friend becomes a newly qualified borrower or investor.
In order to qualify as a borrower, your friend has to meet the following criteria:
- Loan requests must be successfully created and listed in our marketplace.
- Your friend must get verified, and pass all verifications.
- Your friend must register and qualify as a borrower within 30 days of the referral link activation.
In order to qualify as an investor your friend has to meet the following criteria:
- Your friend must fund a loan on the Lenme platform.
- Your friend must get verified, pass all verifications and requirements.
- Your friend must register and fund a loan on the platform within 30 days of referral link activation.

How many referral bonuses can I get by inviting my friends?
There is no limit on the number of referrals you can make, the Maximum bonus you may receive is $5,000 if your friends complete the criteria during the lifetime of the campaign.

How fast do I get my bonus after my friend signs up and makes a payment?
If your friends have used your referral link and qualify as a borrower or investor, you should receive your bonus within 1-3 business days after you claim your reward and connect a bank account. You must be verified with a connected bank account to claim your reward.

You’ll also receive a notification and get an update when your friends successfully complete the criteria for your bonus.

How can I share my link to a potential referee?

You can invite your friends to sign up for Lenme on the mobile app. Tap the “Lenme Logo” icon at the top of the app, and select “Invite a friend". From there, you can choose to "share your link" by message, email, social media, or have the option to manually copy your link. You must only share your link with people you know.

By participating in Lenme referral promotion (the "Program"), you agree to the following terms and conditions ("Terms"). Lenme may at any time and in its sole discretion, without prior notice, terminate, cancel, suspend or modify the Program or these terms. If you are the person inviting friends to participate, you are a "referrer" under these terms, and if you are a person who receives an invitation, you are a "referee."

Eligibility and Overview

You may participate in this Program as a referrer until the Program is terminated or modified by Lenme. If you refer a referee prior to Lenme’s termination or modification of the program, you and such referees may not be eligible to earn the reward described below even if the referee fulfills the Reward Criteria before such termination or modification.
To be eligible to earn rewards through the Program, each referrer and referee must have (or sign up for, in the case of referees) a Lenme account in good standing (“Valid Account”) at the time of participation through when his/her reward(s) are issued.
A referrer may refer a referee by sending them an email, text, or social post that includes a link to participate in the Program, as provided by Lenme (“Invitation”). Each referee must complete all the following steps (“Reward Criteria”) within thirty (30) days of the date on which the referrer’s referral link was created:
Sign up for a Valid Account for the first time via the link sent by the referrer. To be eligible, the referee’s phone number or email used to sign up cannot have been previously associated with a Lenme account. Signing up for a Valid Account may require certain actions to verify the Valid Account and is subject to the Lenme User Agreement; and

Limits on Referrals: Referrers may only refer family and personal friends and acquaintances. Additionally, you must not publish or distribute the Invitation link or notifications received from Lenme containing the link online or otherwise where the audience is likely to include people who are not your family or personal friends/acquaintances. If you do so, Lenme may disqualify you from participation in the Program and any successful referrals will be void, in Lenme’s sole discretion. There is a limit of one (1) reward per referee's Valid Account. If two or more referrers invite the same referee, Lenme will credit the reward to the person who has their Invitation accepted first, as determined in Lenme's sole discretion.

Receiving and Using Rewards:

Lenme reserves the right to limit, cancel, delay, or revoke a reward if Lenme determines, in its sole discretion, that an Eligible Participant has violated these Terms or the Lenme User Agreement or has acted in a fraudulent or abusive manner, or if Lenme restricts or closes their Valid Account pursuant to the Lenme User Agreement.
Lenme may provide an alternate reward of equal value if it is unable for any reason to fulfill the reward. Reward redemptions are final, will not be returned, and are subject to review and verification.
Lenme is not responsible and/or liable if any e-mail, reward, referrals, or Program-related materials or correspondence are lost, fraudulent, abusive, stolen, late, incomplete, illegible, interrupted, delayed, altered, defective, misdirected, tampered with, or irregular in any way or if any participant’s e-mail address, Valid Account, or other contact information does not work, is deleted, or is changed without participant giving prior written notice to Lenme.
Program is void where prohibited or if Eligible Participant’s accounts or transactions are fraudulent, abusive, not completed through legitimate channels, in violation of these Terms, or irregular in any way.

By participating in the referral program, you agree that Lenme may disclose customer information about you to persons who refer you to Lenme or who you refer to Lenme.

Governing Law: This Promotion is governed by Delaware law. By entering, entrants agree to be bound by these terms and conditions and the Lenme User Agreement. Any questions relating to the offer will be resolved in Lenme’s sole discretion and its decisions related to the offer will be final and binding.

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