YouLend

Terrible computer generic emails which mislead customers on eligibility.
May 3rd, 2023

May 1st, 2023

Glad I pulled out at the last minute the constant emails and calls I was getting for me to sign the agreement. Done research and its extortion interest theyre charging. Plus all of your card sales go to them and you have no control of what happens Avoid folks if you can !!!
Apr 27th, 2023

Running 2 businesses I was approached via Just-Eat for cash injection for the business by You Lend which was great. Initially I was offered 3k to invest in the business but later on it was reduced to 1k. The arrangement was to pay 3% fixed fee which was OK. After going through application they wanted me to change bank account for all my online sales platforms so all funds going to their account which seemed wrong. Obviously I refused and they set up DD. Cut the story short I was paying over 200 a week for 1k loak. Finally I ended up paying 1300 just over a month for 1k loan. SHARK LOAN is cheaper so my advice is to AVOID THIS COMPANY! Trustpilot reviews
Apr 18th, 2023

I gave my first very positive review as many reviews on here were not justified saying that charging 20% is alot, not realising it is 20% from sales which includes interest and initial money borrowed. I think it worked out 11% in interest for me. Have no issue with that, but.... 1. You will not be allowed to go on Holiday. If you are sole trader and go away for Xmas for two weeks with autoreply on eBay about being away, they will start chasing you for not receiving money for two weeks despite the fact that you are not overdue on your loan overall. 2. Once this chasing starts, they add a line on your Credit file with wrong start date. Mine says July 2022, despite the fact that I got loan only in October 2022. And this line about owing mystic 170 is still there. 3. Loan is for strange date. Settlement date is 8 months and 1 week. 4. There is a projection amount which completely baffles me and keeps saying I am not on track. Upon signing this contract it says that loan needs to be repaid by June 2023, so we are now in March 2023...repaid 70%, and it still says I am behind projection by approximately 20%. Loan to be repaid in 8 months is actually loan for around 6 months according to projection.
Apr 22nd, 2023