Lendable

Fast loans at fair rates

Lendable is a peer-to-peer lending platform that makes borrowing money effortless. Using technology, we have trimmed the fat from the traditional loan application process. The result allows us to make an instant decision, offer personalised rates, and transfer funds within minutes. We look beyond applicants'​ credit score, offering loans to people with less-than-perfect credit histories, and charging them less than banks. This way, we provide fair rates to a wider range of borrowers. Once customers have accepted our quote, we deposit their loan within minutes. Because our technology is brand new. Unlike banks, who use huge systems built at a time when the world was different. The internet has made commerce faster, cheaper and safer. Time for finance to step up.

Personal loan Retail

About Lendable

128 Shoreditch High Street London E1 6JE England
Contact Email: contact@lendable.co.uk
Phone Number: +020 3322 1948

Lendable on WEB

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3.8
57 Platform credit risk rating
0 / 2.25
1.25 / 1.25
0 / 2
0 / 1.50
2.5 / 3
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PLATFORM DATA
Max Interest Rate
49.9%
Min Interest Rate
7.5%
Max Investment
999999$
Min Investment
NA$
Max Loan Terms
60 months
Min Loan Terms
365 days
Loan Types
Personal loan Retail
Currencies
GBP
Origin of Platform
Secondary market
No
Secured on Assets
No
BuyBack Guarantee
Yes
Platform Membership
Not Available
Launch Date
2014-01-01
Countries to Invest
Only for UK residents
Exclude restricted area
Only for UK residents
Withdrawal time
5 business days
Target Borrowers
Individuals (P2Ps)
Average Interest Rate
14%
Uniform rate
No
Automated Lending
Yes
Lending Fees
None
Withdrawal fees
No
API
No
Accepted Payments
Bank Transfer
Lending Model
Market
Platform Lending Type
Individual sophisticated investor
Status
Operating
Time between application and obtaining money
NA business days
Min borrower loan
1000$
Max borrower loan
20000$
Countries for borrowing
Only for UK residents
Borrowing fees
Monthly fee
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