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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

Fast and fair rates

Really lovely and helpful staff, fast delivery of funds and easy to use product Reviewed on: 6th April 2023

Good

Fair company to get a personal loan Reviewed on: 6th April 2023

Lendable

Helpful, professional. Struggled a couple of times to get through though Reviewed on: 5th April 2023

Good service rates slightly higher

Lendable great service but rates slightly higher than some others Reviewed on: 5th April 2023

Lendable - great loan

It was my first loan. transparent good conditions. the possibility of repaying the loan earlier. very honest loan company with a good interest rate. Highly reccomend LENDABLE Reviewed on: 5th April 2023

Very easy to deal with

Needed a short term loan in a hurry and lendable helped me out Reviewed on: 5th April 2023

Simple and Friendly

All my interactions have been great - customer support couldn’t be anymore helpful. The app is simple and straightforward to use and they offer reasonable intrest rates Reviewed on: 15th March 2023

Very fair company

Lendable make taking a loan out quick and easy but I think they’re very fair and offer great rates even to people with less than great credit ratings. Great communication throughout, highly recommended Reviewed on: 10th March 2023

Easy application

Prompt money lower rates easy install instalments Reviewed on: 10th March 2023

Excellent easy service

Very easy to complete forms and money trAnsferred in bank account very quickly. Reviewed on: 22nd February 2023

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