Be Wary When Applying for a Loan
A word of warning, or perhaps, more accurately, a few words of warning.
When applying for a Secured Loan or any loan for that matter, be wary of sites that say “we will search a hundreds of loans for you”.
What they actually mean is that they will match you against a certain number of loan configurations to see which is appropriate for you. So for example, Company A, might offer just one loan, but the rate they offer depends on if you have County Court Judgements (CCJs), how much equity you have in your house, how much you want to borrow, your age, the length of time you want to pay it back in, your creditworthiness and a whole mass of other things. In this case, some websites claim to search multiple loans, but they are only matching you against the multiple make ups of the same loan.
Remember, that there are comparatively few organisations who actually lend money for Secured Loans, it is the masses of other people further down the supply stream that make the market look big and complicated.
At We Introduce You we prefer to be a bit more open and honest
