Is lendable a payday loan company?

Is lendable a payday loan company?

Our funding base encompasses investors that have a slightly higher risk appetite,” says Victoria van Lennep, co-founder and head of operations at Lendable. As a result, Lendable can offer loans to customers who would previously only have had access to payday loans with APRs into the thousands.

Is lendable all online?

Lendable fixes all of that with their online-only eligibility check that is the shortest in the market and gives you an instant rate. Also, their customer support is available to help 7 days a week.

Is lendable peer to peer?

Lendable is the brainchild of its CEO and founder, Martin Kissinger, who set up the Berlin-based peer-to-peer lending fintech Lendico for Rocket Internet. Kissinger utilised the large amounts of data available in the UK at an opportunistic time when customer lending was a changing sector.

How do I contact lendable?

We can be contacted: by post at 128 Shoreditch High Street, London, E1 6JE; by email at [email protected]; or by phone on 020 3322 1948.

Does lendable Show on credit file?

Unlike many other lenders, we only perform a soft credit search, so requesting a loan quote from Lendable will not affect your credit score!

What does lendable mean?

adjective. reserved or at hand for purposes of lending: lendable stock; lendable money.

Is lendable unsecured?

Lendable Review | Unsecured Loans | FAQs & How To Apply Online.

How quick is lendable?

If your loan request is approved we transfer your funds immediately and the money should be with you within 2 hours. You can pay your loan off early at any time at no charge (meaning you’d pay less interest back overall!).

Can I increase my loan with lendable?

We are unable to reduce these over the course of your loan, but if you’d like to increase them (meaning your loan gets paid off quicker) this is something we can do for you. Get in touch at [email protected] and someone will help you out.

Is lendable a broker?

Are you a lender or a broker? We are a direct lender.

Is lendable a real word?

reserved or at hand for purposes of lending: lendable stock; lendable money.

How do you use lend?

1. lend something They will lend equipment free of charge.
2. lend something to somebody I’ve lent the car to a friend.
3. lend out something The gallery has been willing to lend out works of art in the past.
4. lend out something to somebody The charity lends out toys to children with special needs and disabilities.

Where is lendable Ltd in Shoreditch High Street London?

Lendable Limited, 128 Shoreditch High Street, London, England, E1 6JE Private limited Company Last accounts made up to 31 December 2019 64921 – Credit granting by non-deposit taking finance houses and other specialist consumer credit grantors

Who is lendable registered with in the UK?

Lendable is registered with the UK Financial Conduct Authority and relevant fraud prevention and data protection services. Why choose Lendable? Our platform provides a fast, secure, personalised service.

What to do if you have a complaint about lendable?

Lendable is committed to providing great customer service. However if you have a complaint about a product or service provided by Lendable please contact us on 020 3322 1948 or via email at [email protected]. You can find our full complaints procedure here.

Why do I get a different rate from lendable?

When you request a quote from Lendable we assess hundreds of data points enabling us to provide a rate personalised to your circumstances. If you have come through a comparison site you will have seen a representative APR, which is why the rate we provide may be slightly different.