Lendable Reviews

The overall sentiment towards Lendable, a financial services company providing loans, is mixed based on recent customer reviews. Reviewers consistently mention quick and simple application processes, with some expressing gratitude for stress relief and professional service. Staff members like Tanya, Javan, and Lauren receive specific recognition for helpfulness. However, there are repeated complaints about customer service responsiveness, irrelevant email replies, and issues with settlement fees and credit reporting errors.

The most frequent positive theme is the convenience and speed of the loan approval process, which several reviewers describe as efficient and easy to manage. Multiple customers appreciate the clarity around repayments for standard loans. On the other hand, negative themes include dissatisfaction with settlement quotes, high interest rates, communication difficulties, and significant adverse impacts on customers' credit files. Criticism is particularly sharp around hidden costs associated with early repayments and errors in credit record management.

Overall, Lendable’s reputation is divided, skewing toward strong polarizing experiences within the UK. While some customers describe straightforward, manageable loan arrangements and highlight helpful individual staff, others warn potential borrowers about high costs, customer support frustrations, and administrative missteps. This combination of positive and negative feedback creates a reputation marked by both efficiency and caution for financial services consumers.

Lendable is a financial services provider specializing in offering personal loans to consumers through a digital platform. The company operates in the financial sector, facilitating loan applications and approvals online for individuals seeking fast access to credit and manageable repayment terms.

Lendable functions via an online application process, allowing users to apply for loans, receive approvals, and manage payments digitally. The service includes automated communication with customers, handling of repayment schedules, and provision of settlement quotes. Staff members and automated systems both play a role in facilitating customer enquiries and managing loan accounts.