Got an easy loan from LendingWorks. The basic concept is that lenders and borrowers can get better rates which is winning. BUT - truth is that the loan APR is not always better than traditional sources. If you're only borrowing £1k the APR is higher than places like the Post Office! BUT - i've given LendingWorks 5 stars as they are very transparent and I guess they just prefer to have people borrow more money over a longer period.
Reviewed on: 19th March 2016
