Lendable
Lendable offers personal loans ranging from £1,000 to £25,000 with terms from 1 to 5 years, utilizing technology to simplify personal finance.
Overview of Lendable Personal Loans
Lendable offers personal loans ranging from £1,000 to £25,000, catering to various financial needs. Loan terms are flexible, spanning from 1 to 5 years. The loans come with APRs ranging from 9.9% to 49.9%. Using a technology-driven platform, Lendable aims to simplify personal finance for its customers. The company is dedicated to responsible lending and ensures transparency in its loan terms.
Lendable's Use of Technology in Lending
Lendable leverages advanced technology and data to streamline the process of obtaining personal loans. The platform offers a digital, paperless loan application process, making it more efficient for users. Technology helps in quickly assessing loan applications, enabling instant loan offers and disbursements. This use of technology is geared towards enhancing customer experience and simplifying personal finance management.
Regulatory Compliance and Memberships
Lendable is regulated by the Financial Conduct Authority (FCA) under reference number 720261, ensuring that it adheres to industry standards for financial services. The company is also a member of CIFAS, the UK's leading fraud prevention service, which helps protect against identity theft and fraud. Furthermore, Lendable is registered with the Information Commissioner's Office under registration ZA041704, adhering to data protection regulations.
Customer Support at Lendable
Lendable provides customer support seven days a week to assist with any queries or issues relating to personal loans. The commitment to extensive customer support underscores the company's dedication to customer satisfaction. Users can reach out for help at any step of the loan application process or for any post-approval concerns.
Lendable's Headquarters Location
Lendable is headquartered at Telephone House, 69-77 Paul St, London, EC2A 4NW. This central location places the company in the heart of London's fintech scene, surrounded by innovative start-ups and established financial institutions. The headquarters serves as the main operational hub for Lendable’s services.