Is this website a credit broker?
It is not. We do not match readers with lenders, earn commission on introductions or take part in arranging credit. Our role begins and ends with explanation.
FAQ
Common questions
What should I look at first in a loan agreement?
Begin with the amount, the length of the term and the total you would repay. Those three items frame the rest, and any fees can then be judged against them.
Will several enquiries make me look desperate?
Lenders can see formal applications, and a cluster of them in a short time may be read as a sign of pressure. Light searches do not carry that risk, so they are a better way to look around.
What does it mean for a loan to be secured?
The lender holds a claim over something of yours, such as a vehicle or property, and may be entitled to use it if the debt is not repaid. The claim is why such loans can be cheaper, and why they carry more risk for you.
Do I have to pay a penalty if I settle early?
Not always. Some lenders charge a fee for early settlement and others waive it, and local law may limit what can be charged. The agreement is the place to confirm the position.
Check the early-repayment questions
Find the settlement method in the agreement and prepare the questions needed for a dated provider calculation.