Lendable Loans
Transparent rates, quick approval and no impact on your credit score. Borrow £1,000–£25,000 from 8.1% to 48.9% APR. Paperless process, FCA-authorised, safe & secure.
Lendable’s personal loans are a strong choice if you want funding quickly and at transparent rates. They offer loans from £1,000 to £25,000 over one to five years, with rates ranging from 8.1% to 48.9% APR, depending on your credit profile. The representative example is a £7,500 loan repaid over 36 months with a fixed 19.4% rate, making monthly payments of £286.70 and a total repayable of £10,321.20 (including a £445 fee).
Applications don’t affect your credit score, which is a major plus. Lendable is also FCA-authorised, and all processes are secure and fully online.
How to Apply: Step by Step
- Check your rate online – it won’t impact your credit score.
- Choose your loan amount and term.
- Review your personal loan offer.
- Submit digital identification for verification.
- Once approved, funds are transferred the same day.
Pros of Lendable Loans
One key advantage is speed – approval and funding are often completed within hours. The process is paperless, making it fast and convenient for applicants.
Transparency is another benefit. You see your real rate before applying, and there are no hidden fees taken upfront. Lendable’s excellent reviews underline their customer service strengths.
Cons of Lendable Loans
The maximum representative APR can be high if you have a limited or fair credit profile, so it might not suit everyone. The loan fee, although included in the APR, can still feel significant for some borrowers.
Additionally, being a digital provider, there are no physical branches for support—communication is entirely online or by phone.
Unser Urteil
Lendable offers a user-friendly, transparent option for personal loans with quick access to funds, especially for those comfortable with digital applications. Check your eligibility risk-free and compare offers to get the best deal for your circumstances.
