Lendable
Enjoy fast decisions, flexible terms and fair APR from 8.1% to 48.9%. No fees before payout. Transparent, secure, and friendly loan experience.
Lendable offers a quick and straightforward loan solution for individuals who need access to funds urgently in the LV region. Their loans range from £1,000 to £25,000 with flexible terms from 1 to 5 years. The interest rate varies from 8.1% up to 48.9% APR based on your credit profile, and a typical example is a £7,500 loan over 36 months with a 24.4% representative APR. Notably, Lendable will never request any payment before disbursing the loan, keeping your experience safe.
How to Apply for a Lendable Loan
- Check your personalized rate online without impacting your credit score.
- Choose your loan amount and duration that fits your budget.
- Submit required details and await a quick decision, often within seconds.
- Accept the offer and review the transparent terms.
- Receive money directly in your account, typically on the same day.
Advantages of Lendable Loans
Lendable stands out for its speed. Applications are processed rapidly, and funds can be available within hours, so it’s perfect for urgent needs.
Another advantage is transparency. With no upfront fees and a clear breakdown of costs, you always know what you repay, supporting better financial decisions.
Drawbacks to Consider
As with most unsecured loans, those with limited or poorer credit may face higher interest rates, reaching up to 48.9% APR.
Because Lendable focuses on a broad customer base, the exact rate and offer can vary and may be higher for some applicants.
Verdict final
Lendable’s loan offer is particularly suitable for borrowers looking for speed, convenience, and competitive rates. Their fast processing and transparent terms are strong positives, despite variability in interest rates for different credit profiles.
