Waste of time , I spent 1 Hour and 10 minuites on the phone giving every aspect of my financial situation to get to the final stages to be told that Loanable charge 12.5% of the loan amount as a fee thats before the lenders £950 fee and then interest. I understand Loanable have to make money but this is seems insane as im trying to get out of debt. If i was told this at the start it would have saved a whole lot of time. Operator acted shocked when i wasn't happy with this and said well its better than the 20% apr your paying on your credit card. Really poor service.
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