While we don't verify specific claims because reviewers' opinions are their own, we may label reviews as "Verified" when we can confirm a business interaction took place. Read more

To protect platform integrity, every review on our platform—verified or not—is screened by our 24/7 automated software. This technology is designed to identify and remove content that breaches our guidelines, including reviews that are not based on a genuine experience. We recognise we may not catch everything, and you can flag anything you think we may have missed. Read more

See what reviewers are saying

Rated 2 out of 5 stars

Process for securing the consolidation loan was quick and hassle free. My concern is that no where in any of the documentation was mentioned the $1000 broker fee that Lenny add to the cost of the l... See more

Company replied

Rated 5 out of 5 stars

Lenny will assist you all the way during the application process until you get approved. And will give you options to give the best possible solution. I appreciate how they handle communicating with m... See more

Company replied

Rated 5 out of 5 stars

I'd like to thank the Lenny team members that were super helpful, helping me get my loan approved a big shout out to them. It was simple and easy to apply. I just gave my details and provided proof a... See more

Company replied

Rated 5 out of 5 stars

Was a little annoyed with everything i had to go through, but in saying that if i was a bit more computor literate, would of been very easy process. so very fast and trust worthy.

Company replied

Company details

  1. Finance Broker

Written by the company

Lenny revolutionizes the lending experience using AI to make it faster, easier, and smarter. By connecting users with a wide range of lenders, Lenny offers more choices and options, ensuring the best possible deals. Its digital advice, licensed by the FMA in NZ, focuses on personalizing the journey, reflecting each individual's dreams and ambitions. Lenny's intuitive platform streamlines the lending process, from ID upload to application tracking, making it about the real you and your financial goals.


Contact info

4.2

Great

TrustScore 4 out of 5

21 reviews

5-star
4-star
3-star
2-star
1-star

Replied to 100% of negative reviews

Typically replies within 24 hours

How this company uses Trustpilot

See how their reviews and ratings are sourced, scored, and moderated.

Companies on Trustpilot aren't allowed to offer incentives or pay to hide reviews. Reviews are the opinions of individual users and not of Trustpilot. Read more

Rated 1 out of 5 stars

Frustrating Experience with Instant Finance - Discrimination and Poor Communication

I recently applied for a loan through Lenny, and my experience has been nothing short of appalling and infuriating. I feel compelled to share my concerns as I believe they reflect serious issues within the company's operations, particularly around discrimination and a complete lack of communication.
When I submitted my application, I was assured that the process would be efficient and transparent. Unfortunately, the reality has proven to be starkly different. I was promised that I would receive updates regarding my application status within four hours, but instead, I have faced silence and a complete lack of initiative from the company. As someone who is disabled due to my military service, my income is a direct result of that, and it feels as though Lenny is discriminating against me based on where my income comes from. It’s deeply troubling to feel that my financial situation, which is already a result of my hardships, is being dismissed.
This leads me to further concerns about what I perceive as indirect hate crimes being committed against me. The lack of recognition of my income source feels like a biased view, suggesting that my financial contributions are invalid and worthless merely because my information is documented in Australia. This not only adds an additional layer of distress but highlights a desperate need for sensitivity and awareness when it comes to clients with different backgrounds.
Moreover, it is important to point out that under the Credit Contracts and Consumer Finance Act 2003, you are required to communicate with clients and customers in a timely manner regarding their inquiries, complaints, and updates. This includes the acknowledgment of electronic communications sent to your company. So far, you have blatantly breached these conditions, leaving me feeling unheard and diminished.
The repeated need for me to reach out to your customer service has been exhausting and far from what one would expect from a reputable financial institution. Each time I call, I am met with vague answers and a disturbing lack of accountability, as if my application disappeared into a void and no one at Lenny is willing to take responsibility.
If you are contemplating applying for a loan with Lenny, I strongly urge you to rethink your decision. Not only is their communication abysmal, but the discriminatory practices I have encountered are wholly unacceptable. The assurances I was given during the application process have proven hollow, leaving me feeling disregarded and unvalued.
In conclusion, I implore Lenny to re-evaluate their approach to customer service and their understanding of various clients’ circumstances. The way they have treated me as a prospective client is shockingly poor and may discourage others from seeking financial assistance through their services. For those in need of a loan, I recommend exploring other options, as my experience has shown that Lenny cannot provide the understanding or support that is necessary for individuals with disabilities or unique financial backgrounds.

Update, I applied for a small loan and Lenny was happy to discriminate against my military income, and classed it as unacceptable funds and not valid for use and treated me like I was not worthy to help and was really rude about the situation I was not even asking for that much and yet I was beneath their standard it was all very bias with how I was treated the customer representative even hang up on me because she had enough talking to me about it!

January 27, 2025
Unprompted review
Lenny logo

Reply from Lenny

We appreciate all feedback, whether positive or negative, as it helps us improve our services. However, we believe it is important to clarify some key points regarding your experience.

Firstly, Lenny is not a lender but an AI-driven loan-matching platform that connects applicants with a panel of lenders. We do not make credit decisions but instead present offers from up to three suitable lenders based on eligibility criteria. All our lenders adhere to New Zealand’s responsible lending laws, including the Credit Contracts and Consumer Finance Act 2003.

After reviewing your interactions with our team, we can confirm that you received prompt and consistent communication throughout the process. Your application was reviewed, and you were provided with clear explanations regarding the eligibility requirements of our lending panel. Your concerns primarily stem from the fact that none of our lenders could accept Australian bank statements or benefit income derived from Australia. This is not a decision made by Lenny, but rather a consistent policy across all our lending partners.

We understand that being declined for a loan can be frustrating, but we strongly refute any claims of discrimination or bias. Lending criteria are strictly regulated in New Zealand, and we are legally unable to facilitate loans for individuals who do not meet the required documentation and verification standards. Furthermore, claims of "hate crimes" are both unfounded and highly inappropriate in this context.

It is also worth noting that your review has been posted across multiple lenders with nearly identical wording, suggesting that your experience was not unique to Lenny but rather a result of lending policies that apply universally.

We regret that we could not assist you with your application. However, we stand by our commitment to fairness, compliance, and transparency, and we do not accept misleading claims about our business practices.

We wish you the best in finding a suitable financial solution that meets your needs.

The Trustpilot Experience

Anyone can write a Trustpilot review. People who write reviews have ownership to edit or delete them at any time, and they’ll be displayed as long as an account is active.

Companies can ask for reviews via automatic invitations. Labeled Verified, they’re about genuine experiences.

Learn more about other kinds of reviews.

We use dedicated people and clever technology to safeguard our platform. Find out how we combat fake reviews.

Learn about Trustpilot’s review process.

Here are 8 tips for writing great reviews.

Verification can help ensure real people are writing the reviews you read on Trustpilot.

Offering incentives for reviews or asking for them selectively can bias the TrustScore, which goes against our guidelines.

Take a closer look