If you have a complaint about a service provided by Lendable, please use the contact details below. Your complaint will be dealt with in accordance with our complaints procedure.
We are committed to ensuring that you are satisfied with the products and services we provide and aim to respond to enquiries in a timely and professional manner.
In the event that you wish to make a complaint, our commitment is to resolve the matter as soon as possible.
If you wish to refer your complaint directly to the Financial Ombudsman Service before we have had an opportunity to consider it, we will ask them to put the matter on hold to allow us time to review the complaint first.
If we are unable to resolve your complaint immediately, we will:
The final response will either:
Lendable falls within the remit of the Financial Ombudsman Service and in the unlikely event that we are unable to resolve your complaint to your full satisfaction or within eight weeks of receipt, you can refer the matter to the Financial Ombudsman Service. The Financial Ombudsman Service is a free and independent service that resolves disputes between customers and financial services institutions. You’ll need to contact them within six months of our final response letter. You can contact the Financial Ombudsman Service using the details below.
Financial Ombudsman Service
Further information is available at https://www.financial-ombudsman.org.uk/
Where a complaint is referred to the Financial Ombudsman Service outside of their specified time limits, we may object to the Financial Ombudsman Service investigating the complaint. However, each request will be considered on the individual circumstances.
At Lendable we want to make borrowing money customer-friendly and hassle-free. If something goes wrong, we try to fix things as soon as possible. We’re always looking for ways to improve so your feedback is really important to us.
We report information on customer complaints to the Financial Conduct Authority (FCA) on a 6 monthly basis. All FCA regulated firms are required to publish high level information relating to complaints (subject to complaints volumes). The information is published twice a year for the period 1 January to 30 June and 1 July to 31 December.
Firm name: Lendable Ltd
Group (if applicable): N/A
Other firms included in this report (if any): N/A
Period covered in this report: 1 July to 31 December 2021
Brands / trading names covered: Autolend, Level
|Number of complaints opened by volume of business|
|Product / service grouping||Provision (at reporting period end date)||Intermediation (within the reporting period)||Number of Complaints opened||Number of Complaints closed||Percentage upheld|
|Credit related||1.33 per 1,000 accounts / loans||N/A||584||545||11.6%|