LendEra Review – Is This A Good Opportunity Or Big Scam?
LendEra has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling LendEra.
I have simply gathered for you all the facts in this LendEra Review in order for you to make a proper decision about it.
So, is it true? Is LendEra a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is LendEra?
On the LendEra website, there’s really not much of anything to see.
You won’t find any mention of who owns the company, where in the world it’s located, when it was founded, or anything along these lines.
The domain name (lendera.io) was first registered on December 2, 2017, and because it was registered privately, it’s impossible to see where this took place or who actually owns the domain.
Aside from that little nugget, there’s no other background info to speak of. This is something that I often run across when conducting these reviews, and it’s never a good sign.
What Are The Products For LendEra?
In regards to the product line that LendEra is offering, this is another area where the company just fails to impress.
Not a single good or service is being sold to retail customers, and as a result of this, you won’t find any retail sales activity in the slightest.
The only thing affiliates have to offer is the affiliate membership itself, and the main attraction to this is the income opportunity that comes bundled with it.
What Is The Compensation Plan For LendEra?
Should you choose to join LendEra, you’ll need to purchase LEC points form the company.
These points will cost you from 85 cents up to $1.05 per point, and after you obtain them, your goal is to then lend them back to the company so you can start earning the ROI that’s being offered to you.
At the first level, affiliates invest between $100 and $1000 to earn 26% to 42% for a monthly ROI for 260 days.
All higher investment levels also come with this ROI, but in addition to extra bonuses.
Those levels work out as follows:
- Members invest $1001 to $5000 to earn the ROI and 0.1% bonus for 220 days
- Members invest $5001 to $10,000 to earn the ROI and 0.2% bonus for 180 days
- Members invest $10,001 or more to earn the ROI and 0.2% bonus for 135 days
Along with the ROI that’s offered, affiliates can also earn on referral commissions.
Referral commissions are handling using a unilevel system, and with this, members can earn down to six levels of downline recruitment.
What’s Does It Cost To Join LendEra?
If you’re interested in joining LendEra, you can initially do so for free and limit yourself to earning on referral commissions.
However, investing a minimum of $100 will enable you to earn on these and the advertised ROI.
Is LendEra A Scam?
Have you heard from a friend that LendEra is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about LendEra – is it a scam or legit?
Good news – LendEra is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
LendEra Review Conclusion
One thing that caught my attention on LendEra’s website is that it’s supposedly able to germinated funds for its ROI through “positive manipulation.”
This is described as follows:
“We are the whale of our coin, and it’s in our best interest to maintain its long-term growth.
Which is why we will reserve 50% of the money raised during the ICO to support our coin when it goes down, and slowly exchange it back.”
LendEra claims it uses this in addition to arbitrate and price appreciation, but in reality, none of these things actually matter.
The only money making its way into the company are that of affiliate investments, and when new money comes in, it’s used to pay ROI liabilities that are owed to existing members.
In other words, LendEra is operating as a Ponzi scheme.
Once investments stop coming in, that’s when LendEra will really run into trouble.
Most all affiliates will end up losing out, it’ll be next to impossible to recover lost funds, and the anonymous admin(s) will make off with the lion’s share of what’s been invested.
This is a story I’ve seen multiple times before, and believe me when I say that it’s not one you want to be involved with.
I sure hope that you have found my LendEra review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my LendEra review to have all the information for you.
If you decide to carry forward with LendEra, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.