Rating based on 55 reviews

Lending Works

  • Debt consolidation up to £25,000
  • Low-interest starting from 12.9%
  • Repayment up to 5 years

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Lending Works homepage
Author Lending Works. Screenshot of Lending Works website.
[Accessed April 25, 2020]

About Lending Works

At Lending Works, we are not as old fashioned finance companies. Our biggest passion is customer experience.

We offer our UK based clients a wide range of loan options which include debt consolidation loans. We focus on being fair, transparent and honest. It is these values that make us proud of the way we treat our customers and help us to set a new standard in financial services.


Having observed how connecting people directly by using smart technology, we set out to bring this change to financial services. Realizing what was missing from most existing financial products, our co-founders focused on fair trade. This means a fair deal for both sides, the lender and the borrower.

Since the launch of Lending Works in January 2014, we have rapidly expanded our talented team and won countless customer service awards in the process. As we continue to grow our focus has never shifted. At the heart of everything we do is our Customers.

A unique approach to loans

Whether you are looking to pay for a wedding or simply take control of your finances through debt consolidation, a low-cost flexible loan from Lending Works will help you realize that goal.

By cutting out the bank and allowing you to borrow money from real people, we are able to offer you great rates. No extra cost will ever be charged if you pay off your loan early.

Lending Works Services

By consolidating your debt, you can save a lot of money in the long run. Whether you have multiple loans or credit card debt, you will most likely be better off if you combine your debt into one hassle-free, affordable loan.

Lending Works use the peer-to-peer lending platform to bypass banks. This means we can offer you much lower interest rates to make your debt more manageable. You could be paying a lot of interest in some of your debt.

Reasons to consider Lending Works

With so many companies offering all kinds of loans, it may be hard for you to choose the right one. Lending works believe in fair trade and customer service. All out loans are understandable and straightforward with no hidden small print.

We offer low cost, fixed interest rates for debt consolidation loans. Flexible payment terms are offered, you can pay more than you are expected to pay towards your loan.

The simple application process

You can submit your application for a debt consolidation loan on our website, any time of day or night from the comfort of your own home. Simply follow these easy steps.

  • Finish your application online. The application process is simple and takes mere seconds to complete and will not impact your credit score.
  • Get a personalized quote. This takes 2 minutes.
  • Verify your application. You need to do this within 24 hours of receiving your personalized quote.
  • Receive funds in your bank account. You can receive your funds within 48 hours of getting a personalized quote.

Lending Works – Consolidation loan

  • Loan Type Debt consolidation
  • Interest Rate from 12.9%
  • Loan Amount up to £25,000
  • Repayment 1 year to 5 years

Benefits of Lending Works

  • Peer-to-peer lending
  • Low-cost debt consolidation loans
  • A quote won't impact your credit score

Get a debt consolidation loan with personalised rates

Lending Works offer loans by bypassing banks. This puts us in the unique situation of offering personalized interest rates to our customers.

Annual Percentage Rate (APR) for a debt consolidation loan starts at 12.9%. We are proud to say that at least 51% of our customers receive the representative interest rate.

The APR you pay on your loan will determine the cost of the loan. All fees and interest you will pay over the term of the loan are included in the APR. This is a helpful tool to use for loan comparison when comparing lenders.

Easy, quick quote on loans

By using our online loan calculator, you can determine the exact amount of money you need to borrow and determine if you will be able to afford the monthly payments.

We offer loans from £1,000 to £25,000. The loan can be repaid over a period from 1 year to 5 years. When considering a loan, it is very important to calculate the amount you will need. We will consider your affordability as well to make sure you can afford the loan.

Information needed to process the application

When you submit the easy application form for a debt consolidation loan, we will need the following information to process it as quickly as possible.

  • The amount you wish to borrow.
  • Term of the loan.
  • Your employment status and monthly income.
  • How much you are currently paying towards existing debt.
  • Personal details and address.

Effect on credit score

Applying for credit from various lenders can have a negative impact on your credit score. It may seem that you are desperate to obtain a loan and that other lenders deemed you a high risk.

There will be no impact on your credit file if you receive a free personalized loan quote from Lending Works. Once you are satisfied with the loan quote and wish to accept the loan, it will leave a footprint on your credit file so other lenders can know you have a loan with us.

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Lending Works is a trusted & reliable provider of debt consolidation

In our review, Lending Works adheres to the compliance criteria in accordance with the Financial Conduct Authority, where the granting the loan will not cause financial distress to the consumer.

Lending Works is a registered credit provider in UK: FSA 723151

Customer Reviews & Testimonials

September 2019

Better service than I ever got from a bank. Not to mention the competitive interest rate. 5/12/2019

J Dalton
— Devon —

December 2019

Unbelievable quick and easy process. Friendlies service I ever got from a financial institution.

J Victor
— Derbyshire —

Lending Works Contact

Physical Address

Opening Hours

  • Monday 09:00 – 17:30
  • Tuesday 09:00 – 17:30
  • Wednesday 09:00 – 17:30
  • Thursday 09:00 – 17:30
  • Friday 09:00 – 17:30
  • Saturday – Closed
  • Sunday – Closed