There are a lot of people around the world who own at least a little bit of cryptocurrency. The problem is, to this day it is pretty difficult to spend it on anything meaningful at this moment.
LendPlus is hoping to change all of that. They now offer the option to pay using cryptocurrency for mortgage payments. Is it something a lot of people are going to use? How exactly does it work? We talked with Jacques Poujade, managing partner at LendPlus, to get a better idea.
What prompted the company to start offering this option for cryptocurrency owners?
Our company has always been really focused on trying to provide as many solutions as possible for customers. Paying a mortgage is often times the biggest bill a person has on a monthly basis.
Cryptocurrency is something we feel is the future of paying for things around the globe. What better way to show our commitment than to offer this before anyone else?
What cryptocurrency do you currently accept? Do you plan to add others in the future?
Right now, LendPlus allows people to pay with Bitcoin and LiteCoin. Not only are they two of the most popular cryptocurrencys out there, but many people seem to be more than comfortable with them.
Our plan is to add additional cryptocurrencys in the future, but we don’t have any announcements at this time on which ones.
Where do you see cryptocurrency payments for other bills and major purchases in the future?
Throughout history, change has been difficult at first. Everyone is very used to one way of making a mortgage payment, but cryptocurrency offers a unique solution.
In five years, I do think that a lot more companies will be following in our footsteps. It just makes a lot of sense for people, especially those who were able to invest early on and make a sizable profit. What better way to invest that money again then to use it towards property? It seems like a no brainer to us, and that is why our customers seem very excited.
Your company also offers a number of other unique solutions for people who are looking to get the money they need for hey Home. How has that helped grow your business?
Many customers who come to us are looking for a unique solution when it comes to financing a home. It can be a very challenging experience to say the least. While there are a lot of different loan options out there to consider, only a few of them are going to be as flexible as we are.
We work with people who are self-employed, have a bad or no credit, and even filed for bankruptcy. There are certainly some challenging cases out there, but it all comes down to making the numbers work and helping a person get back on track. Adding cryptocurrency payment options is just another way for us to make life easier for our clients.