Rating based on 29 reviews

Lendable

Updated

  • Peer-to-peer loans up to £25,000
  • Low-interest starting from 6.0%
  • Repayment up to 5 years

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Lendable homepage

Author Lendable. Screenshot of Lendable website. [Accessed September 5, 2019]

About Lendable

By creating a space where borrowers and lenders can take charge of their personal finance hassle-free, we are helping to change the way people can access and manage money.

We give you personal loans at personal rates. Most importantly, we are built on three key factors: simplicity, speed and transparency. So stop wasting your time and let us help you get to where you want to go.

Stress-free lending

The stress of having to fill in lengthy forms, waiting for days before you got a loan decision. Having to go and stand in a never-ending queue in a branch or when you had to spend hours on end trying to get in touch with someone on the customer service hotline just to answer one simple question. Well, you don’t have to worry about that anymore because we at Lendable have come up with the perfect solution.

Technology meets money lending

We recognised how problematic it tends to be when trying to borrow money from traditional institutions such as banks due to their often strict lending policies. So we decided to create a platform that would provide an alternative means for borrowers to acquire quick loans and more conveniently. Lendable, a UK based peer-to-peer lending platform, allows lenders to invest in consumer loans found on our platform. Technology is a powerful tool that can make our lives simpler and it is this principle that we founded our company in 2014 on.

Lendable Services

Our website does a pretty good job with giving you all of the information that you need but we understand that sometimes, good old fashioned face-to-face interaction is just what you need.

So, if you have any questions or any assistance, our team is available to you whenever you need us, 7 days a week, via email, phone, messaging or live chat- whatever works best for you.

You are in the driving seat

Does being in control sound good to you? We thought it would and that’s why we give you just that. Before you apply for an online loan, we will let you know exactly what your rate is going to be so you can decide if you want to continue or not. You decide how much you want to borrow and over how many months. Better yet, applying with us will have no impact on your credit score, so you don’t have to worry.

Getting your loan should be quick

When you approach us for a loan, we factor in the fact that you might need the funds fast, like in the case of an emergency, for instance. That is why we have created a seamless, straightforward process which allows us to speed things up and help you get the money that you need much faster compared to traditional money lending institutions. Loans start from £1,000- £20,000 over 1-5 years. If you pay off your loan early, we won’t charge you any fees.

Lendable Product Details

  • Loan Type Peer-to-peer loans
  • Interest Rate 6.0 – 49.9% p/a
  • Loan Amount up to £25,000
  • Repayment 1 year to 5 years

Summary of Services

  • Instant approval
  • Fast funding
  • Paperless online application

We keep the lending process as simple as possible

Our technology makes applying for a loan a walk in the park.

All you have to do is follow three simple steps:

  • Take a few minutes to fill out our application form.
  • After deciding on your loan amount and repayment term, your loan will be transferred immediately
  • You manage your fast loan hassle-free on our platform.

We have your best interests at heart

Part of our customer service is ensuring that we can assist you according to your individual needs. Therefore, when you request a quote from us, we evaluate hundreds of data points which enable us to come up with a personalised rate for you.

Choosing our investors wisely

We make it a point to only work with institutional, sophisticated or high net worth investors because we believe in creating a better, more satisfying customer experience for all of our borrowers. We strive for the best service with every component of our platform, thereby ensuring that we have a lot of very happy customers.

Customer Reviews & Testimonials

May 2019

Quick service and reliable lender

Jessy H
— London —

July 2019

I receive the loan amount in a blink of an eye

Isaac J
— York —

Lendable Contact Details

Physical Address

  • 128 Shoreditch High St, Hackney London England E1 6JE United Kingdom
  • Get Directions

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