LendEra Review – Legit Lending LEC Points Or Huge Scam? Read This…
Welcome to my LendEra Review!
There has been some buzz about this company so I decided to check it out for myself.
Chances are someone approached you about their LEC points investment opportunity and you landed here to make sure it’s legit right?
The good news is I am going to walk you through the company, products and compensation plan so you can make the right decision.
LendEra Review – The Company
LendEra doesn’t talk about who actually owns or runs the business.
To get as much information as possible, I decided to investigate LendEra’s website domain “lendera.io” and see what I can find out.
Unfortunately, the registration information was private and I didn’t find anyone on social media as well.
That’s all I got on LendEra companies wise…
LendEra Reviews – The Products
LendEra has no retail products or services for sale, but you can promote their affiliate membership once you join.
If you check out their website, they just talk about their token sale…
Let’s take a look at the compensation plan next…
LendEra Compensation Plan
LendEra members invest in LEC points for 85 cents to $1.05 each and are lent back to LendEra on a promise they will give you the following ROI’s:
- Invest $100 to $1000 and receive a 26% to 42% monthly ROI for 260 days
- Invest $1001 to $5000 and receive a 26% to 42% monthly ROI plus daily 0.1% bonus ROI for 220 days
- Invest $5001 to $10,000 and receive a 26% to 42% monthly ROI plus daily 0.2% bonus ROI for 180 days
- Invest $10,001 or more and receive a 26% to 42% monthly ROI plus daily 0.2% bonus ROI for 135 days
All referral commissions are paid out through a unilevel compensation plan structure.
You can get paid on the initial investment and the LEC point lending.
Initial Investment Commissions
- Level 1 (Personally sponsored members) – 5%
- Level 2 – 2%
- Level 3 – 1%
LEC Point Lending Commissions
- Level 1 (Personally sponsored members) – 10%
- Level 2 – 4%
- Level 3 – 2.5%
- Level 4 – 1.5%
- Level 5 – 0.8%
- Level 6 – 0.4%
Every time your members reinvest, you earn 3% of your level 1 members.
Cost To Join LendEra
The affiliate membership is free, but you can only sponsor people into the company and earn referral commissions.
If you want to be part of the investment opportunity, you must fork up at least $100.
The moment you have been waiting for inside of this LendEra review!
Verdict On LendEra
More and more of these types of cryptocurrency companies are popping up where they launch an ICO and lend it back to themselves on a promise you will get an ROI.
Big problem though…
LEC points are useless outside of the company and are not publicly traded.
Most of these companies rely on recruitment because that’s how they fund their ICO’s and once recruitment slows down, the ROI’s will crash.
The biggest redflag for me is that the owner(s) of the company are completely anonymous…
How can you trust a company if you don’t even know who runs it?
LendEra doesn’t have any track record of anything yet…
Most of the traffic is coming from the US and that would mean they need to register with the SEC.
As of right now, I personally don’t recommend this company specially if you are in north america.
I hope you enjoyed my LendEra review and if you have any questions, please leave them in the comments below…
My personal recommendation (totally optional of course)…
I have been in the network marketing field for a few years and have made well over 7 figure in this industry so I know what to look for when you join a company…
Anyway, after reviewing hundreds of companies and systems out there…
It’s the only system out there where you will learn step by step on how to build a business online with the right training’s, tools and the right mentorship
Don’t believe me?
Take a look at my recent results…
Better yet, take a look at my team members results:
You will thank me later 🙂
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P.S. If you want to learn how I made 7 figures in the last 12 months, watch this video.