Rating based on 26 reviews

Lendable – Peer-to-Peer Lending

Updated

  • Low-interest up to 27.4%
  • Peer-to-Peer Lending up to £20,000
  • Repayment up to 5 years

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Lendable homepage

Author Lendable. Screenshot of Lendable website. [Accessed May 14, 2020]

About Lendable

Lendable is an online peer to peer lending platform that works for people. Why do people like our style?

We offer a platform, which is super-fast and makes borrowing as hassle-free as it could possibly be. In a matter of a few clicks, you can get your quote. We do not require paperwork and we do not run expensive branch networks as we provide a more innovative, contemporary form of lending and investing.

Receive loan amounts in just minutes

Should you quote be accepted, we will deposit your quick cash loan amount within minutes. How do we offer such fast, reliable service? It is all a result of our brand new technology that is brand new and it puts us ahead in the industry. Traditional lending is time consuming and the process is often much longer than desired. You can rest assured that with Lendable, your loan application will be finalised as soon as possible.

Other benefits

  • There are no upfront fees and no hidden charges for early repayments on your short term loan.
  • You can get a quote in as little as 30 seconds.
  • And the funds can be transferred into your account in just minutes after approval.
  • Our service is built on simplicity, speed and transparency.

Lendable Services

Lendable welcomes investors to invest in Lendable loans. We permit qualified investors to invest in consumer personal loans by means of our platform.

Streamlines customer service experience

At Lendable, we work solely with selected institutional and sophisticated investors to ensure a better, more streamlined customer experience for our borrowers. If you are an institutional, sophisticated or HNW investor, please complete the form to start the investment process.

We make borrowing money effortless

Using the latest, most innovative technology, we have transformed the traditional loan application process. We are able to offer an instant decision with personalised rates, and transfer loan funds within minutes.

Your credit score is not the deciding factor on whether you qualify for a peer to peer loan. We also provide loans to people with poor credit histories while still charging them less than banks. Fair rates to a wider range of borrowers are what we strive to do every day.

Faster, cheaper and safer

With the help of the internet, we have made commerce faster, cheaper and safer. What’s more, is that we look beyond your credit score and charge some of the lowest rates around.

Lendable Product Details

  • Loan Type Peer-to-Peer Lending
  • Interest Rate 27.4%
  • Loan Amount up to £20,000
  • Repayment 1 year to 5 years

Summary of Services

Get the loan you need in no time at all!

It will take you only 30 seconds to complete our simple, online form. All we need is a few basic details from you to perform our soft credit search.

Instant decision

With our advanced algorithms that assess hundreds of data points, we give you a rate personalised to your circumstances.

Accepting your quote

There is no need to wait five days to receive your peer-to-peer loan. Thus, we use the fastest systems around to get the money in your account within minutes, after approval.

How to get a quote

Get an instant quote today without affecting your credit history, and with a service that is fast and personal.

  1. Get a quote
    You will pay no fees to request a quote from us, and your details will be used to perform a soft search that will have no impact on your credit score. As soon as we receive all your details and we have performed all the necessary checks, we will calculate a personalised quote. Should we not be able to verify your details automatically, we will ask for more information such as payslips for example and all of which can be done online.
  2. Receive your quote and decide
    You will be required to enter your bank details to complete your online loan application should you choose to accept the quote. Usually, funds arrive in your account within minutes. However, it is possible for it to take up to two hours.
  3. Loan finalised
    And that is your personal loan finalised. We are always here to assist and if you need to get in touch, you can call, email or even send us a text and our customer satisfaction team. One of our expert team members will be more than happy to assist you.

Hassle-free loans

Gone are the days of long forms, posting documents, waiting days to receive funds, early repayment fees and more. We offer a better, more customer-centred lending platform that is beneficial to both the borrowers and the investors.

Customer Reviews & Testimonials

I am very happy with Lenadable, they really do keep finance simple and easy.

Elizabeth M
— Salisbury —

I was able to get all the information I needed within minutes, my loan amount took a few days to reflect, but aside from that the experience was good.

Caroline H
— London —

Lendable Contact Details

Physical Address

Opening Hours

  • Monday 08:00 – 20:00
  • Tuesday 08:00 – 20:00
  • Wednesday 08:00 – 20:00
  • Thursday 08:00 – 20:00
  • Friday 08:00 – 20:00
  • Saturday 09:00 – 18:00
  • Sunday 09:00 – 18:00