Lend Academy Network Forum

P2P Analysis/Investment Sites => LendingRobot => Topic started by: Emmanuel on April 18, 2014, 01:02:17 PM

Title: No more minimum fees
Post by: Emmanuel on April 18, 2014, 01:02:17 PM
As some of you may have noticed, we recently changed our business model following our registration as Investment Advisor with the SEC.

Instead of charging 0.69% of amount investment, we now charge 0.45% annual management fee.
Because monthly invoices will be much lower, we decided to put a minimum fee of $2.95 per month.

Well, some of our users were not so happy about that. So... we just removed it.

There is no setup fees, no exit fees and no minimum fees to use LendingRobot