AscentConnect vs Lendee App

AscentConnect, created by Ascent Funding*, helps you apply for a loan and manage your payments easily. Stay up-to-date on your loan balance so you never miss a payment and update your billing info when you need to. TRUSTED BY STUDENTS Applying for a loan and accessing your loan information 24/7 has never been easier with Ascent’s mobile app. BUILD HEALTHY FINANCIAL HABITS Making payments on time, setting up autopay, and paying more than the minimum amount due can help you build healthy financial habits early. GET EXCLUSIVE BENEFITS With an Ascent loan, you’ll get access to free, interactive resources to help you achieve academic milestones, career breakthroughs, & financial independence with exclusive resources and access to paid internship opportunities.** Bright Futures™ are ahead! Download the AscentConnect mobile app today! By downloading this mobile application, I agree that I have read and understand Ascent's online Terms and Conditions (https://www.ascentfunding.com/terms-conditions/), Privacy Policy (https://www.ascentfunding.com/privacy-notice/), and Electronic Communications Consent (https://www.ascentfunding.com/electronic-communication-disclosure/). I also agree that I am at least 18 years old or the age of majority in my state of residence. *The AscentConnect mobile app is serviced by Launch Servicing, LLC. Mobile carrier fees may apply. **Ascent applicants and borrowers that agree to the AscentUP Terms of Service and Privacy Policy, as well as students associated with an Ascent parent loan application, have access to the AscentUP platform.

Lendee lets you buy receivables: the remaining payments on payment plans that businesses have offered their customers. You buy those payments at a discount and collect them as the customer pays. How It Works 1. Explore: Browse available contracts and filter by number of payments remaining, amount, term, and Lendee Score. 2. Evaluate: Review the business profile, the customer, and the payment history before you buy. 3. Purchase: Buy a whole contract or just part of its payments. The contract is assigned to you and tracked in the app. 4. Receive: As the customer pays, your share is credited to your Lendee Wallet on the contract's schedule. 5. Redeploy: Transfer funds to your bank account or use them to buy another receivable. Why Businesses Sell Their Payment Plans Dental, veterinary, optometry, physical therapy, and auto repair practices often let customers pay over time. Instead of waiting months to collect, they sell the remaining payments at a discount to get cash sooner. What You See on Every Contract • Contract details: payment amount, due dates, remaining term, and how much has already been paid • Business profile: verified by Lendee • Customer profile: payment history and Lendee Score Servicing Is Handled for You A servicer manages each contract for its full term: billing, payment reminders, payment tracking, follow-up on late payments, and recovery. Your Lendee Wallet See what you have received, what is still to come, and your upcoming payments in one place. Payments arrive on the contract's schedule, not as a lump sum. Important to Know Receivables are not bank deposits or savings products. They are not insured or guaranteed. Customers can pay late or stop paying, and you could get back less than you paid. A good payment history does not guarantee future payments. Review each contract carefully before you buy.