We currently don't have that product, but here are others to consider:
How we picked theseTo make it even easier to compare and evaluate unsecured loans we came up with the Finder Score. Speed, features and flexibility across 60+ lenders are all weighted and scaled to produce a score out of 10. The higher the score the better the lender – simple.
Read the full methodologyPlease note: You should always refer to your loan agreement for exact repayment amounts as they may vary from our results.
Late repayments can cause you serious money problems. See our debt help guides.
How do Lendable loans compare against the competition?
See today's rates from across the personal loan market.
| Loan type | Unsecured Personal Loan |
|---|---|
| Loan amounts | £1,000.00 to £20,000.00 |
| Loan terms | 2 Years to 30 Months |
| Loan rate type | Fixed |
| Fee | product.FEES.FEE |
| Same-day funding available | |
| Instant decisions in most cases | |
| Soft-search facility available | |
| Joint applications | |
| Overpay without penalty | |
| Concurrent loans allowed | |
| Topping-up pays off existing loan and initiates a new loan | |
| Repayment methods | Direct Debit |
The Annual Percentage Rate (APR) is a summary of the yearly cost of a loan. It takes into account both interest and any unavoidable charges you'll need to pay (for example an arrangement/product fee) over the duration of a loan.
However, the vast majority of lenders tailor rates (and therefore APRs) to the individual applicant. If they think you're a riskier bet, they'll offset that by offering you a higher APR. The "representative APR" (as defined by the Financial Conduct Authority) is what Lendable gives to at least 51% of those who take out the loan. The other 49% could pay more. Lendable must calculate APR in the same way as other lenders, and must tell you your personal APR before you sign a loan agreement.
Lendable advertises a representative APR of 8.1% on loans between £0 and £0 on the Lendable Personal Loan.
No, Lendable is not a peer-to-peer (P2P) service.
P2P lending directly connects borrowers and lenders, allowing individual lenders to assess and fund loans, Lendable operates differently. Although it’s possible for “institutional investors” to invest in its loans, Joe Public can’t as yet.
There are several features to know about before taking out any loan, and Lendable is no different:
You should think carefully before taking out any loan and make sure you can meet their repayment terms, and you must meet the following criteria:
Ensure you can repay the loan before borrowing, as failure to make repayments can incur large fees.
Application is quick and simple. The steps of the application go as follows:
Lendable states that the loan transfer is “pretty much immediate but can take up to two hours”. The transfer may take longer in the evening, on weekends and on bank holidays.
In our independent 2025 customer satisfaction survey, 70% of Lendable’s users said they’d recommend the brand to a friend. Most customers praised the professional service, quick and easy application process and fast funding. Here’s what some of those Lendable customers had to say:
“Their application process was very simple and straightforward and I had my decision within minutes. Their APR is also very reasonable.”
“It was easy to apply for, easy to understand, easy to manage and I don’t have any bother with it.”
Lendable has received overwhelmingly positive reviews from customers on review platforms such as TrustPilot. It has an “excellent” TrustPilot rating and currently has a rating of 4.9 out of 5, based on more than 75,000 reviews (updated May 2025).
Lendable prides itself on offering a quick and simple personal loans platform. If you think you’re likely to repay your loan back early then Lendable may be worth considering as it currently doesn’t charge any fees or penalties for making overpayments or repaying your loan in full.
Lendable also has a credit card, targeted at a similar audience as its loans. Formerly known as the Level credit card, it has rebranded as the Zable card.
Most students have to operate on a shoestring budget, but when a financial shortfall hits, thankfully there are a number of options to consider.
Looking for online peer-to-peer lending platforms? Here’s a list of similar companies to Zopa with example loans and lender terms.
Looking to borrow money without using a guarantor? It’s possible, even if you have a bad credit score
With ever-rising public transport costs, it’s more important than ever to find the cheapest way to fund your commute. Here’s how to weigh up the options and find what works for you.
Want to be able to game whenever you go, but not sure you can afford to splash the cash on a gaming laptop? From in-store finance to personal loans, check out our guide to finding the right loan for you.
Taking out a joint personal loan is a major commitment, but one that could help you to borrow larger sums at competitive rates.
RateSetter might be the biggest name in peer-to-peer lending right now, but it isn’t alone in this growing sector. Compare similar platforms offering competitive rates to borrowers and investors alike.
Whether you have good or bad credit you could get approved for a £10,000 personal loan. Compare the best lenders for your individual circumstances.
Whether you’re planning on some home improvements, replacing your car or simply getting your finances in order, Sainsbury’s offers fixed rate personal loans of up to £25,000 to Nectar card holders. Fast, easy comparison with a range of lenders.
Compare Post Office fixed-rate personal loans against products from a range of UK lenders. Apply online and secure a competitive rate.