Lendable
Representative APR from 8.1%–48.9%, borrow £1,000–£25,000, money in your account the same day. Fast, simple, transparent online loans for all credit bands.
Lendable fast loans appeal to those searching for straightforward and speedy borrowing solutions. You can borrow between £1,000 and £25,000 over 1 to 5 years. The representative APR ranges from 8.1% to 48.9%, with a typical example being a £7,500 loan over 36 months at a 24.4% APR, resulting in monthly repayments of £286.70. Notably, you can see your personalised rate before applying without affecting your credit score, putting you in control of your decision.
How to apply for a Lendable loan
- Visit the Lendable website and enter the amount you wish to borrow along with your preferred loan term.
- Fill in your personal details and financial information securely online.
- Receive and review your tailored offer instantly, with no hidden fees or credit score impact.
- If you are happy, accept the loan offer, and funds could be released into your bank account the same day.
- Start your repayment plan as agreed, with all terms clearly laid out from the beginning.
Pros of Lendable loans
Lendable loans are praised for their speed. Many applicants see funds deposited into their account the same day. No paperwork is needed, making the experience seamless.
The process is transparent. Your rate is displayed before any commitment, and customer support is available seven days a week for guidance. Lendable is FCA regulated, ensuring safety.
Cons of Lendable loans
While APRs are competitive for some, they can be high for applicants with weaker credit scores. Always check representative examples and offers fully before proceeding.
Lendable does not offer in-person branches. All dealings are online, which may not suit those who prefer face-to-face support.
Veredicto
Lendable delivers on offering fast, convenient, and fair loans for a wide range of customers. The transparent application and quick decisions will appeal to many borrowers.
