Lendable Fast Loans Review: See Your Rate, Quick Approval & Secure Process

Lendable offers a fast loan solution for UK borrowers seeking simplicity, speed, and fair rates. You can borrow between £1,000 and £25,000 with fixed APRs ranging from 8.1% up to 48.9%. Typical loan terms extend from 1 up to 5 years, catering to most personal finance needs. A representative example: a £7,500 loan over 36 months would cost £286.70 per month at a fixed 19.4% interest rate (24.4% APR), totalling £10,321.20. Importantly, Lendable will never ask for a fee before paying out your loan. The company is FCA-authorised and operates with secure, encrypted technology for peace of mind.

How to Apply for a Lendable Loan

1. Visit the Lendable website.
2. Enter the amount you want to borrow and desired repayment period.
3. See your personalised loan rate instantly without impacting your credit score.
4. If you accept the offer, complete the simple online application.
5. Get approved and receive your funds, usually the same day.

Advantages of Lendable Loans

Lendable stands out with a transparent application process and no hidden fees. You can check your loan rate without risk to your credit rating, making it easy to compare offers.

Having over 80,000 reviews and an outstanding Trustpilot rating, Lendable enjoys a reputation for excellent customer service. The speed and simplicity are particularly attractive for urgent financial needs.

Mögliche Nachteile

Interest rates are risk-based, so some applicants may be offered higher APRs depending on their credit. This could make the loan less competitive for those with weaker credit profiles.

Additionally, while there are no upfront charges, a loan fee is included in the total repayment amount. This should always be considered when calculating the overall cost.

Our Verdict

Lendable is an excellent choice for those seeking quick, hassle-free personal loans in the UK. The upfront rate check and smooth digital process set Lendable apart for borrowing with confidence.