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Lending Works

Hayboy77
Hayboy77 Posts: 5 Forumite
in Loans
I am now considering taking out a loan to purchase a family car we need to get. Has anyone had any dealings with Lending Works? I want to borrow, £3700 and if I pay it back in 2 years it will only cost me just over £200 after the 2 years, if I pay £162.92 a month. But was a bit worried as to what Lending Works are like? Or does anyone have any recommendations
Thanks x

Comments

  • jimmy*c
    jimmy*c Posts: 181 Forumite
    Looks like it's peer-to-peer so seems pretty safe, especially with the interest you'll be paying. No experience myself but I can't imagine peer-to-peer giving you a hard time. Let's see how they reckon to your impeccable credit history...
  • Tixy
    Tixy Posts: 31,455 Forumite
    One of the newer P2P lenders on the market I believe.

    Haven't seen any posts on them on the forum, have you looked to see if there is any mention of them on the long peer to peer lending thread?

    Are the figures you quote representative or a personal quote to you?
    A smile enriches those who receive without making poorer those who give
    or "It costs nowt to be nice"
  • Hayboy77
    Hayboy77 Posts: 5 Forumite
    I will look on the peer to peer thread,thank you. I still don't really understand what peer to peer is?
This discussion has been closed.
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