Yendo, Inc. positions itself as a modern alternative to traditional car title loans. The company's mission is to offer more affordable and flexible access to credit for individuals who may be underserved by conventional lenders. Instead of a lump-sum loan, Yendo provides a revolving line of credit through a physical and virtual credit card, with the credit limit determined by the vehicle's value. This model allows customers to borrow what they need, potentially build their credit history through on-time payments, and typically access lower interest rates compared to predatory title loans.

Founded in

United States