Lendable offers fast personal loans to UK residents, featuring quick digital applications and speedy payouts. Loan amounts range from £1,000 to £25,000, with repayment terms spanning 1 to 5 years. Their interest rates start from 8.1% and can rise to 48.9% APR, depending on personal credit circumstances.

The representative example is a £7,500 loan repaid over 36 months, with fixed monthly payments of £286.70. This works out to a 19.4% p.a. interest (fixed) and a representative 24.4% APR. The total repayment would be £10,321.20, which includes a £445 loan fee. Notably, Lendable will never ask for any payment upfront before disbursing funds.

Applications are processed online, and credit checks show the likely rates you would get—without affecting your credit score. With 80,000+ Trustpilot reviews and FCA authorisation, the platform prioritises trust, clear terms, and safety.

How to Apply for a Lendable Loan

First, fill in your details on the Lendable website, specifying the amount you wish to borrow and your preferred repayment term. The process is entirely online and paperless for your convenience.

Next, view your personalised rate offer without any impact on your credit score. Review the terms, monthly repayments, and total amount payable. Select the best offer for your circumstances.

Provide the requested documentation and verify your bank details. Lendable approves new customers every 30 seconds, so expect a rapid decision.

Once approved, confirm your acceptance of the loan offer and complete any final checks. Lendable initiates the fund transfer immediately after confirmation.

In most cases, the money will appear in your bank account the same day. Enjoy direct, friendly customer support seven days a week should you need any assistance during your application.

Pros of Lendable Fast Loans

One significant advantage is the speed of approval and disbursement. Lendable aims to pay out funds on the same day you accept your offer, making it a truly fast solution.

The application is easy to complete online, and seeing your prospective interest rate before applying gives real transparency without affecting your credit profile.

Cons of Lendable Fast Loans

The main downside is that interest rates can be high if your credit is not strong, with the higher end reaching 48.9% APR.

A loan fee applies, and the representative example includes a £445 fee. The total cost may thus be higher than some competitors, depending on your profile.

Our Verdict

Lendable stands out for its quick decisions, ease of use, and transparent process. The ability to see your personalised rate upfront is a defining feature. While rates vary, the overall experience is positive, especially for those who value speed and simplicity.