SocialLender vs Fast Lending
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
SocialLender
Access immediate funds through a unique lending solution that leverages your social reputation. This platform uses a proprietary algorithm to assess your social audit score, enabling you to borrow from financial institutions based on your online presence and network.
- Social reputation lending
- Proprietary social audit algorithm
- Social Reputation Score
- Borrow from banks and financial institutions
- Loans from 1,000 to 100,000 Naira
- Social profile as collateral
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Social Lender is a lending solution based on social reputation on mobile, online and social media platforms. The solution is designed to bridge the gap of immediate fund access for people with limited access to formal credit. Social Lender uses its own proprietary algorithm to perform a social audit of the user on social media, online and other related platforms and gives a Social Reputation Score to each user. Loans are guaranteed by the user’s social profile and a network allowing users to then borrow from banks and other financial institutions based on their social reputation. (edited) Social Lender offers loans from 1000 to 100,000 Naira to users using your social reputation as collateral.
Fast Lending
Manage your loan payments conveniently and in real-time. Track your payment history and communicate directly with your provider through a secure chat. The app offers a fast and straightforward way to handle your financial obligations.
- Real-time payment processing
- Schedule payments
- View payment history
- Chat with provider
- Easy to use interface
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Make and schedule your Fast Lending payment in real-time. The Fast Lending App is the easiest way to make your payment, see your payment history, and chat with your provider. It's fast and easy.
Screenshots
Verdict
The clearest difference is rating: SocialLender at 3.0 against Fast Lending's 1.0. SocialLender also leads on device support (3 vs 1) and iOS requirement (9.0 vs 16.6). On price, ratings volume, ads and in-app purchases there is nothing between them.
Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS
Both are free to download. Neither carries in-app purchases, so what you see is what you pay.
SocialLender holds the better App Store score, 3.0 against 1.0. Both are backed by a comparable volume of ratings — 3 and 4 respectively.
| Parameter | SocialLender | Fast Lending |
|---|---|---|
| Price | Free | Free |
| Rating | 3.0 (3 ratings) — better | 1.0 (4 ratings) |
| Number of ratings | 3 | 4 — better |
| Update frequency | — | Every 8 months |
| Ads | No | No |
| In-app purchases | No | No |
| Monetization | Free | Free |
| Devices | iPhone, iPad, iPod — better | iPhone |
| Requires iOS | 9.0 — better | 16.6 |
| Further details — not scored | ||
| Size | 36 MB | 35 MB |
| Age rating | 4+ | 4+ |
| Developer | Bincom ICT | Rainbow Finance, LLC |
Customer experience
SocialLender
Fast Lending
In-app purchases
SocialLender
No in-app purchases
Fast Lending
No in-app purchases
