We’re not referring to Lendfair | Other Loans £1,000 - £15,000 >

LendFair were established in 2012.

They have quickly become an established leader in the market. There are many positive online reviews which make them a company well worth considering.

They offer loans at the smaller end of the market which makes them a good alternative to other well-known more expensive options. 

With a current representative APR of 29.9% for their Advantage 29 loan, and 47.9% for their Standard 47 loan, they are slightly cheaper than some of their competitors, plus offer two options. The current market average is 49.9%.

When we ran tests we found the online application time to be 3m 20 seconds which is slightly longer than usual and in Choose Wisely’s Optio scoring system, they are rated at 60.6%, which is slightly below average (other lenders low 55% / high 78.9%).

With a competitive APR and the ability to release funds the same day as the application is approved LendFair is certainly a company well worth considering if you need a relatively small loan.

Loans from
£500 - £10,000
6 - 60 months
29.9% - 47.9% rep
See representative example
60.6 / 100
Time to Apply
3 mins 20 secs

Loan Highlights

No fees of any kind

You don't need to have a good credit history

You don't need to have direct debit facilities

Your guarantor does not need to own their home

You don't have to have been a resident of the UK for a specified length of time

The 'Advantage 27' offers one of the lowest representative APRs currently available

More features

Minimum Criteria

You will need a guarantor

Must be a UK resident

If you have a poor credit history, only the 'Standard 47' option will be available to you

Guarantor must have lived at their current address for at least 5 years to be eligible for the 'Advantage 29'

Your guarantor will need to make your repayments if you can't afford to

Guarantor must be aged between 20 and 75

Borrower can be aged between 18 and 75


Maximum APR 29.9% (Advantage 29) 47.9% (Standard 47)

Arrangement fee: £0

Minimum monthly payment £30 (Standard 47), £40 (Advantage 29)

Settlement fee: £0

LendFair's online reviews

4.6 out of 5 from 293 online reviews

LendFair has attracted almost 300 reviews online, on Feefo and Readies; however the majority of these are on Feefo:

We have compiled below a selection of these reviews, both good and bad.



My verdict of LendFair

By Jon Edward

Lender performance rating 60.6 out of 100


Lendfair is proven to offer their customers a high level of service and with two distinctly different types of guarantor loan available for their customers, they have designed their service to try and cover all bases.

Overwhelming positive reviews on feefo are a strong indicator regarding how they are viewed by their customers and with loans available from £500 to £10,000 and repayment periods stretching from 6 months to 5 years, they offer a high degree of flexibility.

Their ‘Advantage 27’ loan is one of the cheapest guarantor loans currently available and even if you do not qualify for this loan, the ‘Standard 47’ is not the most expensive on the market.

Loan Description

LendFair offer loans from £500 (lower than most of our other lenders) up to £10,000, the following explains some of the main features

We always recommend comparing loans and researching other lenders before applying

Lendfair Representative Example

Representative example 1. Borrow £3,500 over 48 months repaying £118.86 a month. Total repayable £5,705.28 Representative APR 29.9% fixed. Interest rate 29.9% fixed.

Representative example 2. Borrow £2,800 over 36 months repaying £134.45 a month. Total repayable £4,840.20 Representative APR 47.9% fixed. Interest rate 47.9% fixed.

Click to see a definition of Representative APR and the figures for our other lenders.

Company Information