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Lendable: Personal Loan reviews

Name: Personal Loan
Rating: 4.36 (56 reviews)

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4.09

Based on 56 reviews, last reviewed 18th Nov 2024

100% decrease in 5 star reviews

in the past 90 days

No new 1 star reviews

in the past 90 days

71%

16%

3 star

11%

Latest highest rating:

5

Fast and efficient service and great products Fast and efficient service and products with competitive rates. Money was released instantly with no issues and very clear terms. Account Management... Read more Reviewed on: 24th August 2024

Latest lowest rating:

1

I got scammed for £5k! I got scammed for £5k! The people at the company were very rude and unhelpful and beyond incompetent!! Made me pay back every penny. Absolutely ruined... Read more Reviewed on: 18th November 2024

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About this product

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Lendable Personal Loan reviews (56)

Review of the Lendable, Personal Loan:

Absolutely awful company.

Absolutely awful company. August 2021 a loan was taken out from Lendable in my name fraudulently. This was reported to lendable straight away, the process was very difficult. Once I filled in everything I needed to Lendable basically called me a liar, I spoke with some very rude and cheeky people on the phone, patronising me and again calling me a liar and trying to persuade me in to paying them. This was very upsetting at the time. After 3 years of fighting this with Lendable I had no choice but to go to the financial ombudsman, who helped me massively. The ombudsman made their final decision in February 2024 and decided that I was not liable for this loan and Lendable were at fault. They instructed Lendable to refund any payment they had taken from me and wipe this loan from my credit file. 6 months later and Lendable still have not done this, I have chased them and the ombudsman have chased and no response. The financial ombudsman had to then threaten to escalate the matter to the Financial Conduct Authority (FCA). After the ombudsman advising this, of course now I have heard from Lendable. In summary, the company is awful and full of horrible agents, and you won’t be believed if it’s anything to do with fraud. I have waited since August 2021 to have this resolved, absolutely shocking and disgusting the way I have been treated. I had to totally put my life on hold due to this, I should be entitled to some sort of compensation. Reviewed on: 21st August 2024

I was relatively easily accepted for the loan when I...

I was relatively easily accepted for the loan when I could afford it which is good to know. The application process I'm with the call as well as the money being transferred has been seamless to say the least and speedy I'd say in the span of a few hours if I remember correctly. I had missed one payment by accident once and paid it immediately after and they have been very understanding and communicative as well that being said they of course did what every other lender would do and that is decimate you with emails and calls every single day until you pay. Reviewed on: 21st January 2024

Excellent

Quick no hassle very helpful staff brilliant Reviewed on: 11th July 2023

Absolute con

After receiving loads of emails from them I decided to give them a try .they explained I had to pay a one time £25 for insurance to get the loan of £3000.I paid this and after about five minutes I was told that they had sent me an email saying that Ihad to pay another £100 to get the loan that I would get back in the loan I refused to pay this and I was told that he would pay me the £3000 once I had paid the £100 this is a complete scam and I told him this and said i would report this as one I hung up and telephoned my bank and whilst I was on the phone to my bank they phoned me back saying they were from my bank’s customers support I said to Thame I was on the phone to my bank at the time and they hung up Reviewed on: 5th July 2023

Felt valued as customer

Because I had a good record with them in the past they took this into account and were prepared to agree another loan when I needed it, all very straightforward and I felt valued Reviewed on: 16th June 2023

Amazing stress-free transaction

The application process was so quick and pain-free and money was in my account within minutes of completing the documentation - a real lifesaver! Reviewed on: 1st June 2023

Very helpful

Lendable is very understanding that circumstances can change. I think if you're going to choose credit then you have to make sure the credit company you choose has options incase the unpredictable happens. Lendable is that company and I'm appreciative of that. Reviewed on: 31st May 2023

Good experince

Easily arranged personal loan and very quick to complete. Wasnt aware of this company before i was looking for a loan but glad i found them. Reviewed on: 31st May 2023

Transparent, fair and professional

Hugely impressed with Lendable. I've had two loans with them now. Payout is same day, and rates and likelihood of acceptance are clear from the start. I wouldn't hesitate to recommend them. Reviewed on: 31st May 2023

Quick application

Quick application and great rates I would recommend Reviewed on: 31st May 2023

Brilliant service

They are always ready to help and will always increase your loan if your payments are in good standing Reviewed on: 6th April 2023

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