Do you lend money or pass requests on to lenders?
No to both. This site only publishes explanations. We never receive loan requests, we do not introduce readers to lenders and we have no say in anyone's credit decision.
FAQ
Everyday borrowing questions
What is the quickest way to compare two loan quotes?
Put both on the same sum and the same length of term, then compare the amount repayable in total. After that, check which one charges for paying early or paying late.
Does checking my eligibility affect my credit file?
Many comparison tools use a light search that is only visible to you. A formal application is usually recorded for other lenders to see. The tool or lender should state which kind of search it will run.
Why do lenders ask for a guarantor?
A guarantor agrees to cover the debt if the borrower cannot. Lenders may ask for one when they feel the borrower's own record is thin, which makes the arrangement a serious commitment for the person who signs.
Can the interest rate change during a loan?
Some agreements keep the same rate throughout and some allow it to move. The agreement should say which applies, and by what mechanism any change would take place.
Check the early-repayment questions
Check the inputs and conditions behind an estimate before treating it as a written offer.