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Why have I received a Notice of Default (NOD)? What can I do next?

We have sent you a Notice of Default as you have missed a number of loan repayments.

In the Notice of Default we state:

  • the amount we need you to pay; and

  • and the date this needs to be paid by to stop us from defaulting your loan.

If you cannot afford to pay this amount, 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.

If you do not contact us and no action is taken, we may default your loan and take further action. This means the default will be added to your credit file and will remain for 6 years. A default may impact your ability to obtain credit in future.

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