We understand that things may happen that affect you making your loan repayments. If your monthly Direct Debit repayment fails, we will re-attempt your Direct Debit payment 3 more times. If we cannot collect your Direct Debit payment, you can also make a payment via debit card or a one-off Direct Debit. To make the payment
Log in to your Lendable account
Go to the ‘Manage’ tab
Select your preferred payment option
Missed payments will be added to the end of your loan term, which may extend your loan term and could lead to additional interest.
Please note, missed payments may negatively impact your credit file. This could make it more difficult or expensive for you to obtain credit in the future.
If you have been impacted by the increasing cost of living and/or other circumstances which are making it difficult for you to repay your loan, please email us at contact@lendable.co.uk or call us on 020 3322 1948, 9am to 6pm, Monday to Friday.
Our Financial Support team will discuss your options with you and help find a solution tailored to your individual circumstances. Please note that any solutions we put in place may impact your credit file.