Lendable Reviews

Fast loans at fair rates | Lendable

3.60
137 reviews
Great Rating
Based on 137 user experiences
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M

Likes and could do better

The answer to my application was quick and terms of payment affordableI would have liked the agreement sent in paper as my phone does have the problem of being small and scrolling up and down is easy to miss an item
T

Slow turnaround

Used them before and payment was same day but this time had to wait 3 days and when rang to chase the phone message said hang up if chasing as their are delays
H

My borrowing experience

The decision was quick without requesting for so much paper worker However the intrest rate is abnormal up to 50 the borrowed amount this doesn t help because people borrow mostly because theyre struggling at the time for one reason or another
J

I have had 2 loans I found the first

I have had 2 loans I found the first time great service I applied for the loan and within half an hour the money was in my account Applying for the loan is straightforward and everything is explained well On applying for my second loan it took longer to receive the money and I was left wondering if I was going to get the loan or not They do say it sometimes takes a couple of hours but I didn t receive it until the following day
P

Quick response and decision also keep

Quick response and decision also keep you well informed however I have never used Lendable before so will see if 3 stars will increase as time goes on
J

Hmm yeah their okay - but yeah is not yes or no its yeah

I do not like Lendable that much their terms are not really that reasonable and the ONLY reason why I have taken a second loan out with them is due to it being sold off as ASDA ASDA seem to have much more reasonable terms for instance you pay your first instalment the following month not the same month you take the loan out The other reasons why I am not really liking Lendable they have been advised on several occasions that my surname has been altered by deed poll they have ignored this- a lack of respect for sure Plus the last loan I took with them I paid off early and yet somehow I was still owing more Work that out BE VERY CAREFUL and think very carefully about taking up any kind of loan with this outfit
F

Very efficient but be careful with DD date flexibility

The only reason that I have given lendable 3 stars is because repayments options are minimal and there is no flexibility of calling up and making manual payments in advance when you get paid 4 weekly I was told I can t change payment dates each month because it can show up as a missed payment which is ridiculous The great thing about lendable is from when you sign the agreement you have the loan money in your account in a matter of mins I would recommend this to people but will advice of the rigid DD payments which can be a headache which I wish I had known in adv or looked into it a bit more The APR is fair
R

Action was fast but rate was bit higher

Action was fast but rate was bit higher than normal
R

Prefer a lower interest rate it s criminal that these companies don t help when you really need the help

I Would have preferred a lower interest rate however my credit rating has only just improved after 6 years of being defaulted over the last 6 years not one company has wanted to help me clear my debts due to the default with a loan or anything Now that I have no defaults and minimal debt and plenty of disposable income these companies are breaking their neck to get me back into debt with loan offers and car finance offers etc It should be criminal but here we are I ve took a small loan to clear my existing debt and although I d rather a lower interest rate im happy with how quick and simple the process was the money was in my account within seconds and now I only have 1 payment instead of multiple credit card ones to make each month for the next 2 years
R

Complete madness If your with metro bank don t bother

If your with metro bank don t bother Try to talk to this company As it s a case of computer says no They want to contact with you private bank account online Only curtains banks do this And shock horror it the ones who lead us in to recession the usual suspects Spent the countries money getting bailed out then if you use a curtain bank it computer says no don t bother with this lot complete waist of time
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