LendingMate is one of Canada’s newest and fastest growing online lenders, looking to solve the problem of computer-generated credit scores preventing customers from obtaining credit.

In its first nine months, LendingMate has already helped over three thousand customers obtain a loan with a new product called a Guarantor Loan. This means instead of looking at a borrower’s credit score, LendingMate asks customers to nominate a friend or family member as guarantor, someone who trusts them to make repayments on time. Because of this, more than 95% of borrowers using LendingMate’s loans product get approved.

In order to qualify for a loan, applicants must be:

• between the ages of 19-75
• not currently bankrupt
• not currently in an active consumer proposal

The LendingMate Affiliate Program offers a competitive 7.5% CPA on every new loan referred. With minimum and maximum loan amounts of $2,000 and $10,000, respectively, this equates to a massive earning potential of $150-$750 per new loan referral.

This program is ideal for publishers who have sub-prime traffic, that is they’re unlikely to convert on a traditional personal loan. Particular publisher verticals that work well for LendingMate include personal finance, and automotive.