Founded in 2013, LendStreet is a platform designed to assist consumers who are facing financial hardship and overwhelming debt. The company's primary service involves negotiating with creditors on behalf of its clients to settle unsecured debts for a lower amount than what is originally owed. Rather than providing a traditional consolidation loan, LendStreet manages a program where clients make regular deposits into a dedicated savings account, which is then used to pay for the negotiated settlements and associated fees. The company's mission is to provide a more sustainable and affordable path for financially distressed individuals to become debt-free.

Founded in

United States