Loanable is an online loan broker that helps match borrowers with lenders. Customers need to complete an application form and our technology will process the application and place it with a lender or partner to try and find them a loan.
No. Loanable will never charge you a fee. And we urge you to be extremely vigilant of any website that charges a fee to find a loan. If you have had fees taken off you for finding a loan report the company involved to both Action Fraud and the FCA.
By applying for a loan with Loanable, you will have access to multiple lenders and partners who are suited to your individual circumstances. We work hard to constantly enhance our lender and partner database to try to improve your chances of being approved for a loan.
Loanable is paid commission by the lenders and partners whom we introduce your loan application to. In some cases, we may receive commission even if you don’t take the loan out. Please note that the amount of commission we receive has no influence on which lender we process your application with. Treating you fairly and always ensuring we provide you with the best possible outcome is our priority.
No. Loanable will not perform a credit check on you. However please be aware that some lenders and partners may perform credit checks. When you apply for a loan with Loanable you will have to agree to be credit checked. If you don't want this then please do not apply for a loan. Be sure to check with the individual lender.
Loanable are committed to treating customers fairly and we try our best to provide you with the best possible service. If you are not happy please contact customer services [email protected] and we will try and resolve any issues you have.