Smart Money People Logo
User profile avatar

Viewing profile for,

Rufus

1

Total reviews written

0

Helpful marks given to their reviews

142

Times reviews seen

All reviews (1)
Review of the Lendable, Personal loan:
View on product page

Interest rates extortionate just shocking 48 %.

1
Interest rates extortionate just shocking 48 %. Nothing comes off the loan Reviewed on: 19th March 2026
Reply from Lendable Dear Rufus, Thank you for reaching out and sharing your feedback regarding your loan. We understand that the cost of borrowing is a significant concern, and we take your frustrations regarding interest rates and your balance very seriously. To provide some context on our processes, the interest rates we offer are personalised and determined by a variety of factors, including an individual’s credit profile and the specific details of the loan application. Regarding how payments are applied, our loans are typically structured so that monthly instalments cover both a portion of the principal balance and the accrued interest. In the early stages of a loan, a larger portion of the payment is often allocated toward interest, which can make the reduction of the total balance feel slower than expected. For your security and privacy, we are unable to discuss the specific terms of your agreement, your interest rate, or your repayment schedule on this public forum. We would like to help you better understand your specific statement and how your payments are being applied. Please contact us at [email protected] so our team can provide a detailed breakdown of your account and address any concerns you have regarding your plan. Best regards, The Lendable Team Response date: 13th April 2026
Lendable Logo
Lendable

We are helping 1000s to make smarter financial decisions

We use the power of consumer reviews to help increase trust and transparency in financial services and to deliver industry leading insight and events.

Collage of people