Is Lendela Safe?
Yes, Lendela is a platform used by over 300,000 Singaporeans, built on strict privacy standards and advanced data encryption— so you can match with your ideal loan.
Apply securely
Safe borrowing, every step of the way
Protecting your privacy is our priority
Lendela keeps personal information secure and never shares it with banks or providers until an offer is selected. All data is encrypted and protected through Singpass integration, ensuring a safe and seamless borrowing experience from start to finish.
We only partner with regulated banks and financial institutions
Lendela connects borrowers only with trusted banks and financial institutions regulated by the Monetary Authority of Singapore (MAS), ensuring a safe, transparent, and reliable borrowing experience.
100% licensed and regulated partners
Backed by reputable investors
Dedicated support you can count on
Our hands-on customer support team is always ready to assist you, from answering questions about your loan application to data security matters. We act fast to resolve any issue, ensuring your borrowing experience with Lendela is safe and seamless.
How we keep your borrowing journey safe and secure
1
Apply once with Singpass for multiple offers
Apply securely with Singpass to auto-fill your details and supporting documents. Get accurate, pre-approved offers faster — your information is only shared with banks once you’ve chosen an offer.
2
Choose a loan offer that fits your needs
Get matched with offers tailored to your profile and choose the one that fits you best. Each loan offer shows:
Pre-approved loan amount and tenure
Monthly repayment and interest rate
Other fees (if any)
3
Get your funds
Once you’ve chosen an offer, the bank or loan provider will do a final check online or through an appointment. Funds will be disbursed directly to you within the same day.
Our selected partners
4.9 on Google
2,200+ reviews
Don’t just take our word for it
Read what over 300,000 customers have to say
They replied super fast even on a Sunday. They gave me a quote the same day and the money was in my account by Monday. Grateful!
Andy
Lendela made finding the right loan surprisingly easy. Dee ensured the process stayed on track, and everything moved smoothly from start to finish.
Mark
Thank you to the Lendela platform, especially the kind help of the customer service, for helping me successfully obtain a loan.
Terrence
If you need a site that quickly connects you with the best loan offers, this is it. Fast, reliable, and professional.
Ali Imran
I had a great experience with Lendela Pte Ltd. This loan-matching service connected me to the best loan plan available.
Syed
I have been using Lendela platform to apply for loan applications. This is very user friendly and reliable without going down to the shop physically to ask for rate.
Agnes
Frequently Asked Questions
Lendela is fully allowed to operate its business in Singapore. One of the requirements of the allowance is ensuring that user information is kept securely and only used for the purpose it is intended for. Therefore, it will be against the law for Lendela to fail to secure the client's information. Indeed, clients have a right to seek legal redress should they find their info being used against the prescribed terms.
For Lendela, the focus and effort to keep clients safe is based on the desire to follow the best practices and surpass the minimum standards set by law. For example, we are driven by a strong focus on ethics when drawing policies that guide our operations. So, whether you are applying for a loan or using Lendela resources to understand different aspects of loans on offer, rest assured of one thing – Lendela is safe. You can also learn more about our company and mission on our About Us page.
Have you ever wondered about what happens when you provide data to a service provider? For Lendela, every effort is directed at protecting your data. We do not share any data related to you as an individual or your loan application unless it's essential in the process of finding you the best possible loan offer. Therefore, the only other party that potentially gets to access your details is the bank or financial institution that we partner with. All our partnering banks and financial institutions are also obligated by law to follow the privacy laws in Singapore.
You do not have to worry about the financial institutions because they are all allowed to offer financial services in Singapore. This means they are required to follow all the rules of operations, which include protecting the customer data.
For Lendela, there is nothing as important as security. Our customers do not need to feel worried about their personal details because no effort is spared to protect their details and communication. So, if you want to make an application for a personal loan, car financing, consolidation loan, renovation loan, Lendela is here for you.
The process is pretty short – you apply (in a few minutes), compare your personalised offers and choose your best option, sign the loan agreement, and the process is done.
One fact about data protection today is that it is only possible if you are using the latest technology. For Lendela, this is done through advanced encryption, which makes it extra difficult for anyone to gain access. Furthermore, the system is updated regularly to ensure it is running on the latest security protocols for enhanced safety.
Reach out to our customer support team here.
To guarantee the people making applications for loans that Lendela is safe, our company maintains professional support that can help to resolve any concern fast. So, whether you simply want to know more about loan applications or find out what happens to your personal info, the support will be there to answer all the questions.
