LendEra Review – Good Opportunity Or Big Scam?

LendEra ReviewRecently, this business has been getting a lot of attention.

In fact, there is lots of hype and buzz going around including people pitching it left, right and centre.

I’ve noticed a lot of people pitching it on social media.

Now, first off, let me make it clear I am NOT promoting this business opportunity as an affiliate or distributor.

I have all the facts about this business in my LendEra Review so you can learn the full truth about it!

Is the business legit or a scam?

Does it deliver on it’s promises?

I explain in my Review of LendEra before you.

Let’s get started.

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What The Heck Is LendEra?

On LendEra’s website, you won’t find any information in regards to who owns the company, where it’s based out of, when it was founded, or any real background info of the slightest.

You can see that the domain name was registered on December 2, 2017, but even this is pretty useless.

Since the domain was registered privately, there’s no way of seeing where it took place or who the owner of the domain is.

This is about as faceless as MLM opportunities come, and in my experience, this is never a good sign.

LendEra Scam

What Are The LendEra Products?

Keeping with the trend of dropping the ball, LendEra also doesn’t have any sort of product line to speak of. No goods or services are being sold, and as such, you won’t find any retail sales activity either.

The only thing affiliates have to offer is the affiliate membership itself, and the main reason you’d want to join this is the attached income opportunity.

What About The Compensation Plan For LendEra?

Speaking of that income opportunity, those that choose to join LendEra are asked to buy LEC points from those that own the company.

These points range in price from 85 cents up to $1.05 per point, and after affiliates get their hands on them, they’re then tasked with lending them back to LendEra so they can start earning the ROI that’s promoted to them.

There are a few different investment levels that you can choose from, and they include the following:

  • Members invest $100 to $1000 to earn a monthly ROI of 26% to 42% for 260 days
  • Members invest $1001 to $5000 to earn a monthly ROI of 26% to 42% + 0.1% bonus for 220 days
  • Members invest $5001 to $10,000 to earn a monthly ROI of 26% to 42% + 0.2% bonus for 180 days
  • Members invest $10,001 or more to earn a monthly ROI of 26% to 42% + 0.2% bonus for 135 days

In addition to the ROI being offered, affiliates can also earn on referral commissions.

Referral commissions are paid using a unilevel system, and with this, affiliates can earn down to six levels of downline recruitment.

What’s The Cost Of Joining LendEra?

You can join LendEra for free, but with this, you’ll only be able to earn on referral commissions.

If you want to earn on referral commissions and the offered ROI, you’ll need to make an investment of at least $10.

So, Is There A LendEra Scam Going On?

So, like with all business opportunities, you will hear things around the internet about there being a LendEra scam or something like that.

And from what you have read, you may also wonder if this is legit or a complete scam.

So, what’s the truth?

Is there a LendEra scam going on or is this legit?

Well, to be honest, LendEra is not really a proper scam or anything like that.

But there are some things to be aware of (see conclusion section).

That is how you will be successful.

See below for help with making money.

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Finally, My LendEra Review And Conclusion!

Per the LendEra website, the company says that it’s able to generate money thanks to “positive manipulation” and arbitrate.

Looking more closely at that “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.”

However, none of this really matters.

The only money making its way into LendEra is that of affiliate investments. New funds come in, they’re used to pay off existing ROI liabilities, and this results in LendEra being a Ponzi scheme.

Like all other Ponzi schemes that I’ve come across, LendEra will be here today and gone the second investments stop coming in. The anonymous admin(s) will make most of the dough, and the majority of affiliate will, unfortunately, lose out.

This is the story for pretty much all Ponzi schemes in the MLM space, and based on what I’m seeing here, LendEra won’t be any different.

Hopefully, you have found my LendEra Review useful.

I wanted to give a lot of details because there have been other reviews of LendEra which were a bit thin on the detail side.

No matter what happens, if you really want to succeed with any business, you have to learn how to market properly.

And, my training below will help you do that and make money!

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