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Paul

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Review of the Lendable, Personal loan:
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Definitely not use again.

3
Rate is far to high .Charged £300 for processing then the high interest rate on top . Reviewed on: 2nd March 2026
Reply from Lendable Hello Paul, Thank you for sharing your feedback regarding your recent experience. We appreciate your honesty concerning our rates and the associated costs of your loan. At Lendable, our interest rates and arrangement fees are risk-based and tailored to each customer’s unique credit profile and financial circumstances. The arrangement fee, which covers the cost of processing and setting up the loan, is clearly outlined in the loan agreement before any contract is signed. This fee is typically capitalized into the loan amount and spread across the monthly installments to help manage the upfront cost. We strive to provide transparent pricing to ensure our customers can make an informed decision that suits their needs. For security and privacy reasons, we cannot discuss the specific breakdown of your fees, your interest rate, or any other details related to your account on this public forum. We are committed to protecting your sensitive financial information at all times. If you have any questions about your agreement or would like to discuss your repayment plan, please contact us at [email protected], and our team will be happy to assist you. Best regards, The Lendable Team Response date: 13th April 2026
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