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Lending Works Personal Loans Overview

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The table below provides all the information you need to know about Lending Works loans.

How much will it cost when you get a Lending Works personal loan? Use the Lending Works calculator below to get an estimate of how much you will repay. Simply input the amount you want to borrow and the payment terms you prefer to calculate possible repayments.

Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.

Lending Works review

Lending Works offers fixed-rate personal loans for any reasonable use cases.

Lending Works loan features

Thinking of applying for a loan from Lending Works? Here are the key features and benefits to expect:

  • Loan amount and terms. Borrow from £1,000 to £25,000, with terms from 1 to 5 years
  • Quick quote and approval. Get your payout within 2 days
  • Flexible payments. Make free extra repayments or pay off your loan early
  • Choose your repayment date. You can change your repayment date to either shorten or lengthen your terms.

How to apply for a Lending Works personal loan?

Check that you’re eligible:

To qualify, you must:

  • Be at least 21
  • Have a good credit history
  • Exhibit ability to repay
  • Pass identity and fraud checks

What you’ll need:
Besides personal and contact information like mobile or phone number and email address, you should also prepare the following when applying:

  • Proof of Identity (Valid IDs)
  • Bank statements and payslips
  • Other details of your income and expenditures
  • A UK current account in your name

Applying for Lending Works loans online can take about 2 minutes. Borrowers only need to provide details on their marital status, employment details, nationality and finances during the initial application.

 

Compare Personal Loans in the UK

Provider
Product Information
EST Monthly
Repayment
Interest
Rate
Repayment
Period
Loan
Amounts
Sort loans by

Loan Amount

£20,000

Term

3 months

Change
Lending Works

Lending Works personal loans

Lending Works personal loans
EST Monthly Repayment
£673 Inclusive of fees
EST Monthly Repayment
12.90%
APR
EST Monthly Repayment
12 months
to 60 months
EST Monthly Repayment
£1,000
to £25,000
Go to site
Whether you’re looking to buy a car, improve your home, pay for a wedding or simply take control of your finances, a flexible, low-cost personal loan from Lending Works could be the perfect one for you.
Featured
Nationwide

Nationwide personal loans (7,500 - 25,000)

EST Monthly Repayment
£581 Inclusive of fees
Interest Rate
2.90%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £25,000
Go to site
Paying off your debt using a Nationwide loan could give you the chance to take control of your finances.
Featured
Santander

Santander personal loans for £7,500-£15,000

EST Monthly Repayment
£582 Inclusive of fees
Interest Rate
3.00%
APR
Repayment Period
12 months
to 60 months
Loan Amounts
£7,500
to £15,000
Go to site
You are eligible if you’re 21 or over and live in the UK permanently, you have a regular yearly income of £6,000+, you are able to make your repayments by Direct Debit, and you haven’t been declared bankrupt, had a CCJ or an IVA within the last 6 years. All credit is subject to status and credit checks.
Featured
HSBC

HSBC personal loans (15,000 - 25,000)

EST Monthly Repayment
£590 Inclusive of fees
Interest Rate
3.90%
APR
Repayment Period
12 months
to 96 months
Loan Amounts
£15,000
to £25,000
Go to site
Make your plans a reality with a personal loan with fixed monthly payments, an instant credit decision, quick access to funds and no arrangement fee.
Featured
Barclays

Barclays personal loans (15,000 - 24,999)

EST Monthly Repayment
£616 Inclusive of fees
Interest Rate
6.80%
APR
Repayment Period
24 months
to 60 months
Loan Amounts
£15,000
to £24,999
Go to site
When it comes to putting your plans into action, it’s personal. And with a personalised loan just a few clicks away, getting things moving could be simpler than you think. Get your loan rate before you apply – without it affecting your credit score.

BestLoanRates.co.uk provides factual information in relation to financial products. While BestLoanRates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the product provider or publicly available information and, to the best of our knowledge, is correct at the time of publishing. The information published on BestLoanRates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product, you will be dealing directly with that provider and not with BestLoanRates.co.uk. BestLoanRates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information, please see BestLoanRates.co.uk's Terms of Use.

Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.

Lending Works FAQs

How does Lending Works assess loan applications?

Lending Works will initially carry out a “soft search” to provide you with a quote. If you decide to take out a loan, Lending Works will then do several background checks. This includes detailed credit checking and affordability scoring as well as identity and anti-fraud checking.

How long does it take to get a Lending Works personal loan?

After applying for a loan, you can expect a decision from Lending Works within 1-2 working days. They will inform you if you need to submit additional documents. If your loan is approved, you can expect the money to be in your account the next day.

Can I change my repayment date after my loan is approved?

Yes, you can change your repayment date online using your Lending Works account or by calling Lending Works at 020 7096 8512

How to submit documents and bank statements on Lending Works?

Document submissions for Lending Works are all done online. After signing up with Lending Works, you will have access to your account and your dashboard. From there, you can upload documents in a few clicks
For bank statements, you must download them in PDF format from your bank account and upload them to your dashboard.

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Bestloanrates.co.uk provides factual information in relation to financial products. While Bestloanrates.co.uk attempts to make a wide range of products and providers available, it may not cover all the options available to you. Moreover, we cannot be responsible for changes made to this information by product providers and/or inaccurate information obtained from a product provider. All product information comes from the produc provider or publicly available information and to the best of our knowledge is correct at the time of publishing. The information published on Bestloanrates.co.uk is general in nature only and does not consider your personal objectives, financial situation or particular needs and is not recommending any particular product to you. If you decide to apply for a product you will be dealing directly with that provider and not with Bestloanrates.co.uk. Bestloanrates.co.uk recommends that you read the relevant product disclosure statement or product guide before taking up any financial product offer. For more information please see Bestloanrates.co.uk’s Terms of Use and Services Guide.

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