Lendable
Fast approval, competitive rates from 8.1% APR, and flexible BRL 6,000 to 200,000 loans over up to 5 years. Secure, FCA regulated, and highly rated.
Lendable has gained popularity for its quick loan approvals and transparent conditions, making it a solid choice for BR customers. The provider offers personal loans ranging from BRL 6,000 to BRL 200,000, with repayment terms between 1 to 5 years. Interest rates are competitive, starting from as low as 8.1% APR and going up to 48.9% APR depending on credit band and risk profile.
The entire process is digital and paperless, ensuring you can check your personalized rate without impacting your credit score. Representative examples clarify what to expect: a BRL 45,000 loan over 36 months has a fixed monthly payment, with interest rates transparently advertised. You pay nothing upfront, as Lendable never asks for fees before disbursing your loan.
How to Apply: Step by Step
- Enter your details to see your personalized quote with no impact on your credit score.
- Review your offer and choose the loan amount and repayment term that fits your needs.
- Complete your application securely online with supporting documents if needed.
- Once approved, funds are transferred directly to your bank account—often on the same day.
Pros of Lendable Loans
Approval is often instant, and you can receive funds on the same day, perfect for urgent needs. The online process is simple and user-friendly. Lendable scores high on Trustpilot with over 80,000 reviews. Their FCA regulation adds a further layer of consumer confidence and security.
The flexible range of loan amounts and terms accommodates a variety of needs, whether consolidating debt or making a large purchase.
Cons of Lendable Loans
Interest rates vary widely, especially for those with lower credit scores. Not every applicant will receive the lowest advertised APR.
Some customers in certain credit bands will pay higher total costs, as demonstrated in illustrative APRs for “limited” credit. Always review your specific offer carefully.
Verdict: Is Lendable Worth It?
Lendable is a reliable, straightforward option if you need a personal loan in BR. The process is fast, transparent, and designed for your convenience. Just compare your offer carefully before accepting.
