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- Good or bad credit histories considered
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Lendable is a direct lender (not a broker) that provides fast loans of up to £20,000 online. If you’re looking for other companies like Lendable, the hunt is over – here’s a selection of similar platforms.
Like most lenders, Lendable’s rates are tailored to the applicant. It’ll run a “soft search” (a check that won’t hurt your credit score) of your credit file in order to give you a personalised quote.
However as a lender serving borrowers with less than perfect credit ratings, Lendable looks at more than just your credit score when deciding whether or not to offer a loan. In fact it claims to evaluate more than 100 data-points.
Despite offering opportunities to invest in its loans, lendable is keen not to be considered a peer-to-peer (P2P) platform like Lending Works and Fund Ourselves.
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