We're Recommended

We're proud of how we help our visitors and customers find the credit they need.
Check our reviews today and read what our customers think of us.


We've been trusted loan comparison by thousands of customers since 2013.


The Independent review organisation Reviews.co.uk report that reviewers recommend Lending Expert.

Lending Expert's

We’re finance experts. This means we know our stuff when it comes to helping our customers find the right personal loan for them. We know where the best deals are and have access to exclusive deals just for Lending Expert customers.

Huge Market Comparison

As a comparison website and credit broker we’re not tied to one credit card provider. This means we can search the wider market to find you the best personal loan deals from across the UK.

Authorised & Regulated

Lending Expert is an FCA regulated credit broker which means if you decide to proceed with loan you can be assured you are dealing with a legitimate and reputable finance company.

Saving You Money

We will search the market to find you the best loan deals. Our comparison service will save you time and money and ensure you're getting the right type loan available.

Using a peer-to-peer loan for debt consolidation purposes can help you consolidate all your outstanding debts into one single, more convenient loan, giving you one single monthly repayment to make and helping you pay off your debts in a more practical and cost effective way.

What are peer to peer loans and how do they work?

Peer to peer lending is basically people lending money to other people who are not friends or family. This type of lending does not go through any traditional financial institution, such as a bank, but instead uses an intermediary company such as Zopa that vets applicants and decides whether they are a low enough risk lending to. The majority of peer to peer lending is done as unsecured loans and the interest rates as set by the lenders in relation to the individual. Higher risk lenders attract higher interest rates, and lower risk lenders attract lower interest rates.

What’s in it for the intermediaries?

The intermediary companies that actually administer the loans are for-profit organisations who generate their revenue from the fee that is charged in order to take out the loan. They also make money from the investors in the form of a fund management fee, which is either a fixed amount or percentage of the loan amount. Operating completely online, there are also few overheads, especially as many of the processes are automated, so running the company is cheaper than for mainstream lenders.

Who can apply for a peer-to-peer loan?

There are really only three things that you need in order to qualify for a peer to peer loan. Firstly you will need to be able to confirm your identity, usually through a passport or driving licence, you will need evidence of your income and ability to make the repayments, in the form of pay slips and bank statements, or the equivalent of these if you have slightly different circumstances, and finally you will need a good credit history and ben able to demonstrate a good track record of repaying your debts.

Can I still get a peer to peer loan with bad credit?

If you have no credit history or bad credit then you may still be eligible for a loan. Simply use the eligibility checker above to get your results today.

What interest rates will i pay?

This will depend on a number of factors, but it will mostly be related to the amount that you borrow. If you borrow a small amount, or a large amount you will find that you will pay higher interest rates of around 12%. If you have a loan of around £5000 to £20,000 you will find that you pay between 6% and 7% depending on the term that you choose to repay the loan over. It is also worth noting that you don’t generally have early repayment fees.

Check your eligibility and apply online for a loan in the UK here on Lending Expert.

Loans displayed have a minimum term of 12 months and a maximum term of 360 months. Maximum APRC charged 49.9%.

Overall Representative Example for Secured Loans

Based on borrowing £18,000 over 120 months. Interest Rate: 6.5% fixed for 60 months with instalments of £227.38. Followed by 60 months at the lenders standard variable rate of 4.95% with instalments of £221.71. Fees Broker fee (£1,530); Lender fee (£495). Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee and Lender fee. Overall cost of comparison 9.1% APRC.

Related Links

Unsecured Loans

Apply for unsecured loans with repayment terms from 1 - 25 years. Solutions for all credit types from our panel of direct lenders and brokers.

Secured Loans

Compare secured loan with our approved secured loan brokers at Lending Expert. Get expert advice and a quick quote online.

Guarantor Loans

Apply and get the loan you need with the help of a guarantor. Compare the cheapest guarantor lenders on Lending Expert.

Business Loans

Get the business you need from our finance brokers and direct lenders online. Check your eligibility with Lending Expert.

Payday Loans

Compare from our direct lenders and brokers. Apply online today.

Homeowner Loans

Loans for UK homeowners. Get expert advice from Lending Experts' brokers.

Car Finance

Get finance deals from our expert panel of brokers and direct lenders.

Bridging Loans

Apply online and get short term bridging finance with our expert loan brokers.

Bad Credit Loans

If you have credit issues then we can still help. Lending Expert will check your eligibility and you can apply direct online today.

Logbook Loans

Compare and apply with UK logbook lenders online here at Lending Expert.

Debt Consolidation Loans

Consolidate debts with an unsecured debt consolidation loan from Lending Expert.

No Guarantor Loans

Get a bad credit loan with no guarantor required today. Check your eligibility and apply online today with Lending Expert.