Lendo is a prominent loan comparison service that specializes in providing personalized loan solutions. This company empowers customers to efficiently gather and compare loan offers from up to 21 banks and lenders, streamlining the process and potentially leading to significant savings.
Offering a wide range of loan types, Lendo facilitates short-term, long-term, personal, and car loans. They provide loans ranging from 20,000 to 500,000 with repayment periods spanning 12 to 180 months. Interest rates vary between 4.58% and 24.99%, highlighting the company’s commitment to competitive terms.
An example from Lendo illustrates their transparency: a loan of 100,000 DKK features an APR of 3.80%, a variable debtor interest rate of 3.48%, an establishment fee of 1,000 DKK, and a total repayment of 111,690 DKK over five years.
Lendo distinguishes itself by offering a swift and straightforward application process. Customers can receive personalized loan offers within a maximum of 24 hours, often instantaneously, enabling them to quickly and easily secure the necessary funds. The application is free and non-binding, ensuring users can make informed decisions without any obligation.
In addition to their core services, Lendo’s dedication to customer support is noteworthy. They provide personal assistance through experienced advisors for those needing help with their loan applications or seeking more information about their loan offers. This customer-centric approach underscores Lendo’s commitment to aiding individuals in making the best financial decisions.
By partnering exclusively with reputable banks and lenders, all under the supervision of the Financial Supervisory Authority, Lendo ensures a trustworthy and reliable service. Owned by the Norwegian media conglomerate Schibsted, which also owns Danish platforms DBA and Bilbasen, Lendo has established a strong presence in the Nordic region, demonstrating their expertise and commitment to improving the loan market for consumers.
Lendo
Credit amount
DKK 20.000 - 500.000
Payment period
12 - 180 mos.
Rating
Interest
4,58 - 24,99 %
Min. age
18
Example: Total credit amount: 100,000 DKK. APR: 3.80%. Variable debtor interest rate: 3.48%. Establishment fee: 1,000 DKK. Total repayment: 111,690 DKK. Duration: 5 years. Interest margin: 1.25-20.95%.