Colendi review

Updated September 28, 2026 · BorrowCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.

Our verdict

Colendi suits readers who want a small, quick personal loan with no application fee. As a marketplace it sends an application to lenders rather than lending itself, and with terms of 1 the repayment window is short, so the balance is cleared quickly rather than carried for years.

Key facts

Best for
A quick personal loan without an application fee.
Term
1 month (Source, checked September 26, 2026)
Arrangement fee
0 - no application fee (Source, checked September 26, 2026)
Credit check
None (Source, checked September 26, 2026)
Funding time
Credit in less than 30 seconds (Source, checked September 26, 2026)
Lender type
Marketplace (Source, checked September 26, 2026)
Loan types
Personal, BNPL, Business (Source, checked September 26, 2026)
Support channels
Email (Source, checked September 26, 2026)
Features
Same-day funding
Official website
colendi.com

Apps and profiles

Get the app
App Store

Pros and cons

Pros

  • No application fee: 0 - no application fee
  • Short repayment terms of 1
  • Credit decided in Credit in less than 30 seconds
  • Lends across several product types, including buy now pay later and business, so the same marketplace covers personal loans too (personal, bnpl and business)

Cons

  • Phone is not among its email, so a stuck application has to be put in writing
  • Colendi is a marketplace, so the rate and terms rest with whichever lender answers the application
  • Terms of 1 sit far below the 36 median across the market, so a balance must be cleared fast
Colendi

Ready to try Colendi?

Scored 8.1 / 10 by BorrowCue.

See alternatives

Who it suits

  • Borrowers covering a small unexpected cost who can clear the balance quickly
  • Readers who want a fee-free way to test the market without paperwork costs
  • People with business or buy now pay later needs as well as a personal loan

Who should look elsewhere

  • Anyone wanting a long repayment period, since terms are 1 against a site median of 36
  • Readers who want to speak to support on the phone, since email is the only channel
  • Borrowers wanting one named lender with set terms, because Colendi is a marketplace

How Colendi compares

Frequently asked questions

Does Colendi charge an application fee?+

No application fee applies. Colendi lists 0 - no application fee, so there is nothing to pay for sending an application through the marketplace. Any cost comes from the interest on the loan itself, not from setting one up.

How long does it take to get a decision and the money?+

Colendi states Credit in less than 30 seconds, and lists same day funding among its features. Speed from application to decision is the strongest point of this offer, which matters if the money is needed quickly.

Is my credit file checked?+

The credit check is none, so no credit file search is listed. That makes the form quicker to complete, though the approval decision still rests with the lender that answers through the marketplace.

How long do I have to repay?+

Terms are 1, which is much shorter than the 36 median across the market. A borrower should treat the loan as something to clear in a single cycle rather than a longer arrangement.

What kinds of loan can I get?+

Colendi offers personal, bnpl and business, so personal, buy now pay later and business borrowing can all be arranged in a single place. That suits a reader who may need a business loan as well as a personal loan.

Is Colendi a lender or a marketplace?+

Colendi is a marketplace. Applications are matched to lenders, so the rate and terms that come back belong to the lender that responds rather than to a single set published by Colendi.

How do I get help if an application is stuck?+

Support runs on email only, so an application issue goes by email. Readers who prefer a spoken conversation rely on written replies, and with a marketplace structure a question about a lender decision can take several messages to settle.

How does Colendi compare with longer-term borrowing?+

A lender such as Monzo Flex offers terms of 12 to 84, against 1 here. The choice is between clearing a small balance quickly and spreading a larger sum over a longer period.

Sources

  • colendi.com checked September 26, 2026

    Backs: Term

    “Interest free micro credits for daily needs; options of paying 30 days later or in installments.”

  • colendi.com/business checked September 26, 2026

    Backs: Loan types

    “Colendi offers short-term, interest free loans with Buy Now Pay Later, delay, defer, and installment options.”

  • colendi.com/company checked September 26, 2026

    Backs: Lender type, Support channels

    “Colendi brings together the authorized and licensed financial institutions (such as payment institutions and e-money institutions, banks, financing companies, investment firms, crypto exchanges,...”

  • colendi.com/personal checked September 26, 2026

    Backs: Credit check, Features, Funding time, Arrangement fee

    “No bank account, no credit history.”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: APR, Loan amount, Representative example.

Colendi

Colendi

A quick personal loan without an application fee.

8.1/10See alternatives

Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie policy
Cookie settings