Zable

Zable, Lendable's consumer brand for credit and loans in the UK

Zable is the trading name under which Lendable Ltd operates, a British fintech company that markets credit and finance products through a mobile app. Its offering is built around credit cards, personal loans and car finance, with complementary tools for spend tracking and improving credit history.

Credit cards and building credit history

The card range includes options for building credit history and for profiles with difficulty accessing credit. The company states that it offers credit limits of up to £4,000 and the ability to make payments with Apple Pay or Google Pay when the user meets the requirements. It also offers balance transfer cards to reduce interest on previous debts. The company notes that the eligibility check does not affect the applicant's credit score.

Personal loans and debt consolidation

In the personal loans section, Zable offers finance from £1,000 to £25,000, with terms of one to five years. The purposes it mentions include debt consolidation, home improvements, weddings and large purchases, as well as loans for people with limited credit history. The company states that most customers receive their loan in less than an hour and that the application can be completed with an eligibility check that has no impact on the score. The representative example published on the site indicates a representative APR of 24.6% for assumed borrowing of £7,500 over 36 months, with a monthly payment of £287.19 and a total amount repayable of £10,338.84; the available APR range is between 7.8% and 48.9%.

Car finance with Autolend

Vehicle finance is marketed under the Autolend brand. Zable presents this service as an alternative for switching your current car finance or refinancing a balloon payment, with potential savings of up to £4,000. The company describes the process as fast and transparent, and allows you to log in to Autolend from its platform.

Mobile app and financial tools

The Zable app integrates features beyond credit: free access to your Equifax credit score, spend tracking, rent reporting to improve your credit history, comparison of utility rates and mobile plans with unlimited 5G data, calls and texts. The company states that more than two million customers use its services and that the app has received industry recognition.

Corporate structure and regulation

Zable is a trading name of Lendable Ltd, company number 08828186, authorised and regulated by the Financial Conduct Authority (FCA) with reference 720261 and a member of CIFAS. The Zable credit card is issued by Transact Payments Limited under licence from Mastercard International. Insurance distribution activities are carried out by Comparable Ltd, company number 10754800, also authorised by the FCA with reference 1042451. Both companies are part of the Lendable Operations Ltd group and share a registered office at Telephone House, 69-77 Paul St, London, EC2A 4NW.

Background and financial backing

The company presents itself as Lendable's consumer brand, described in its own material as one of the UK's most successful fintech unicorns, backed by investors such as Balderton Capital and the Ontario Teachers Pension Plan. Zable states that it has developed its technology platform from a decade of experience in data and artificial intelligence, with the aim of providing instant decisions and broadening access to financial products.

Location and contact

Telephone House, 69-77 Paul St, London, EC2A 4NW