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Colin

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Review of the Lendable, Personal loan:

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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

Reply from Lendable Hello Colin, Thank you for bringing this very serious matter to our attention. We are deeply concerned to hear about your experience, as the situation you have described is indicative of a "loan fee scam," where fraudsters impersonate legitimate companies to steal money. At Lendable, we never ask for any form of upfront payment, "insurance fees," or deposits in exchange for a loan. Our policy is clear: we do not charge any fees before a loan is paid out. We are a regulated lender, and we do not use high-pressure phone tactics or call customers back pretending to be their bank. We take the impersonation of our brand very seriously and work closely with authorities to help protect consumers from such fraudulent activity. For your security and privacy, we cannot discuss specific account status or whether a legitimate application was ever processed on this public forum. Maintaining the confidentiality of our customers' data is our highest priority. We strongly urge you to continue working with your bank's fraud department. We would also like to investigate the details of the communication you received to help prevent this from happening to others. Please contact us immediately at [email protected] so we can look into this matter and provide any necessary support. Best regards, The Lendable Team Response date: 13th April 2026

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