Updated September 29, 2026 · BorrowCue Editorial Team
Cool Credit vs Lendela
Where Cool Credit and Lendela differ
| Compare |  Cool Credit |  Lendela |
|---|---|---|
| APR | 3,091% to 416,607% | up to 48% |
| Loan amount | CZK 1,000 to CZK 30,000 | SGD 1,000 to SGD 200,000 |
| Term | 5 to 93 monthsHigher | 3 to 72 months |
| Arrangement fee | Loan provision fee 375 CZK on 1,000 CZK for 30 days; 6,750 CZK on 9,000 CZK for 93 days | SGD 0 |
| Credit check | Hard | None |
| Funding time | Within 10 minutes of loan approval | Around 1-2 days from application to disbursement; some within hours |
| Representative example | 1,000 CZK for 30 days, fixed 0% rate, loan provision fee 375 CZK, RPSN 4,716%, total repayable 1,375 CZK | Personal loan: $20,000 at APR 6.95% over 5 years, total payable $26,940, monthly cost $449 |
| Lender type | Direct lender | Marketplace |
| Eligibility | Individuals aged 18+ with permanent or temporary residence in the Czech Republic, own Czech bank account, mobile phone and email | Age 21 or older; Singapore citizen or PR (foreigners also considered, higher income threshold); min annual income SGD 20,000-30,000 citizens/PR |
| Loan types | Personal, Payday, Car, Student, Business | Personal, Debt consolidation, Business, Secured, Student |
| Rate type | Fixed | Not confirmed |
| Free early repayment | Yes | Not confirmed |
| Credit needed | Not confirmed | Fair |
| Use cases | Not confirmed | Home improvement |
We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings.
Key differences
- Cool Credit scores higher overall: 8.8 vs 8.5.
- Founded is lower at Cool Credit: 2013 vs 2018.
- Lendela is available in 1 more country.
- Term is higher at Cool Credit: 5 to 93 months vs 3 to 72 months.
- Support channels: only Cool Credit offers Chat.
- Features: only Lendela offers Credit line.
- Loan types: only Cool Credit offers Payday, Car.
- Loan types: only Lendela offers Debt consolidation, Secured.
Our verdict on each
Cool Credit
Cool Credit suits Czech residents who need a small fixed-rate loan released quickly, and offers personal, payday, car, student and business lending under one licence.
Lendela
Lendela suits Singapore borrowers who want a fast loan without a credit check. The marketplace matches amounts of SGD 1,000 to SGD 200,000 over terms of 3 to 72, with an APR of up to 48% set by the lender you are matched to.
Score breakdown
| Area | Cool Credit | Lendela |
|---|---|---|
| Cost | 8.6 | Not confirmed |
| Offer | 8.9Fixed rates on CZK 1,000 to CZK 30,000 for 5 to 93, same-day funding Within 10 minutes of loan approval. | 8.9Fees are SGD 0 to arrange a personal loan and SGD 0 on the mortgage side. |
| Trust | 8.9Higher | 8.2 |
The bill, worked out
Borrow a typical amount over a typical term (estimate at the stated APR)
Cool Credit
917,300 to 124,972,100
917,300 to 124,972,100
Lendela
up to 9,039.28
up to 9,039.28
The stated ranges do not establish a winner.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 26, 2026.
Positions in our rankings
| Ranking | Cool Credit | Lendela |
|---|---|---|
| Personal loans | 123 of 1932 | 74 of 1932 |
| Business loans | 21 of 435 | 10 of 435 |
| Private student loans | 11 of 167 | 6 of 167 |
Licences and countries
| Country | Cool Credit | Lendela |
|---|---|---|
| Czechia | Not confirmed |
Additional countries for Cool Credit: 1. Additional countries for Lendela: 2.
What we checked
Cool Credit
- coolcredit.cz: 18 facts, checked September 26, 2026
Lendela
- sg.lendela.com: 16 facts, checked September 26, 2026
- hk.lendela.com: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Cool Credit | Lendela |
|---|---|---|
| Pricing model | Fixed rate | Not confirmed |
| Features | Same day funding | Same day funding, Credit lineCovers more |
| Legal entity | COOL CREDIT, s.r.o. (IČ 02112621) | Lendela Pte. Ltd. |
| Headquarters | Czechia | Singapore |
| Founded | 2013Lower | 2018 |
| Support channels | Phone, Email, Chat, Help centreCovers more | Email, Phone, Help centre |
Mortgages
| Fact | Cool Credit | Lendela |
|---|---|---|
| Initial rate | Not confirmed | 2.4% |
| Product fee | Not confirmed | SGD 0 |
| Purpose | Not confirmed | Purchase, Remortgage |
Where each stands against the rest
| Fact | Cool Credit | Lendela | Median |
|---|---|---|---|
| APR | 3,091% to 416,607%highest quarter | up to 48%highest quarter | 8.99 |
| Term | 5 to 93 monthsabove the median | 3 to 72 monthsabove the median | 60 |
Median across 1005 listed lenders.
Pros and cons
Cool Credit
Pros
- Funds arrive Within 10 minutes of loan approval, which is quick for a direct lender
- A direct lender, not a broker, so you deal with the entity that makes the decision
- Free early repayment, so settling early costs nothing extra
Cons
- An APR of 3,091% to 416,607% makes anything beyond a short bridge very expensive
- A hard credit check, which is the market's most common type of check and leaves a mark on the file
- A loan provision fee is charged on top of the interest rate, so the example total is far above the amount borrowed
Lendela
Pros
- No credit check at all, and a fair credit profile is enough to apply.
- The range covers personal, debt consolidation and business lending under one roof.
- Funding is quick, with disbursement within hours on some applications.
Cons
- A marketplace model (marketplace) means the matched lender sets the rate, so up to 48% is a ceiling.
- That ceiling is steep next to 10% to 23% at Monzo Flex.
- Support runs on email, phone and help centre, with no live chat listed.
Who each suits
Cool Credit
Who it suits
- Czech residents with permanent or temporary residence in the country and a Czech bank account
- Adults with a mobile phone and email, which every applicant needs here
- Borrowers covering a short gap who can clear the balance within the term
Who should look elsewhere
- Anyone planning a long repayment, because the term runs 5 to 93 and the APR is high
- Monzo Flex, if you want a longer fixed-rate loan at a rate that stays sane for years
- Cashspace ES, where the listed APR is far lower, though it sits in a different market
Lendela
Who it suits
- Singapore citizens and permanent residents with a steady income who need money quickly.
- Borrowers with fair credit, or who would rather avoid a credit check altogether.
- Anyone funding home improvement work, its named use case: home improvement.
Who should look elsewhere
- Not for lowest rate seekers: Monzo Flex runs at 10% to 23%.
- Not for shoppers after a cost free product: Cashspace ES lists 0%.
- Not for borrowers outside Singapore: Cashspace serves the Philippines at PHP 12 to PHP 36.
Current offers
Cool Credit
Current offer
Discount code
20% discount for the loan for Slovaks: 20% off with discount code SLOV
Applies to the loan for Slovaks without permanent residence in the Czech Republic
Source, checked September 26, 2026
Country by country
| Country | Cool Credit | Lendela |
|---|---|---|
| Czechia | Yes | No |
| Hong Kong | No | Yes |
| Singapore | No | Yes |
Questions about each
Cool Credit
What rate will I pay on a Cool Credit loan?+
The advertised APR runs 3,091% to 416,607%, which spans a very wide band. The published example pairs a low fixed rate with a loan provision fee, so the headline rate understates what you repay. Always read the example against the fee rather than the rate alone.
What does Cool Credit charge to arrange a loan?+
A loan provision fee is added to the amount borrowed. The published figures show a fee on a small loan over a short period and a larger fee on a bigger loan over a longer one, so the charge scales with how much you take and how long you keep it.
Lendela
What APR does Lendela charge?+
The published APR runs to up to 48% on personal loans, and that figure is a ceiling rather than a rate every borrower pays. Because Lendela is a marketplace, the rate depends on the matched lender and on your own credit standing.
Are there fees to arrange a loan?+
The origination fee on personal loans is SGD 0, and the product fee on the mortgage side is SGD 0, so arranging a facility itself costs little. Interest remains the main price of the money, and the representative example shows how instalments add up.
Other options to compare
Other matchups
- Cool Credit vs Arab Islamic Bank
- Lendela vs Cathay United Bank
- Cool Credit vs Oney Préstamos ES
- Lendela vs Sofkredit
- Cool Credit vs Andacredito
- Lendela vs 5in5
- Lendela vs Multitude Bank p.l.c
- Lendela vs Qonto ES
- Lendela vs Fiesta Credito MX
- Lendela vs Solcredito
- Lendela vs Solcredito MX
- Cool Credit vs Creditio
- Cool Credit vs Alt Lending
- Lendela vs BriteCap Financial
- Lendela vs Commerzbank
- Lendela vs Kredivo
- Lendela vs Moneyveo UA
- Lendela vs TF Bank
- Lendela vs Postbank
- Lendela vs Consumers Credit Union
- Lendela vs Nazivnost
- Lendela vs Smartney
- Lendela vs MoneyHero
- Cool Credit vs LEND.ch
- Lendela vs CitiBank AE
- Lendela vs Borrowell
- Cool Credit vs Moneyveo VN