- Loans up to £25,000
- Tenants & Homeowners
- Use for any purpose
- Less than perfect credit
- Free enquiry service
Traditionally people have had very close relationships with their local bank branch. But times have changed. Banks don't reward loyalty and since the financial crisis of 2008 they have become very risk averse.
So whereas in the old days you might have gone to your bank for a personal loan today's internet means the options open to you now are much, much greater.
And you may need to look further afield as banks will only compete for your personal loan business if you have a very good credit rating.
As a broker we have a wider range of lenders offering much more choice. Our service is free.
All high street banks - HSBC, Lloyds, Natwest, Barclays, Halifax, Santander, Nationwide etc. - offer personal loans. The problem is that these banks will only offer personal loans to people who have the best credit ratings. For those people the banks will fall over each other to lend money. And because of the degree of competition between them the rates they are offering are at historically low rates.
To get a bank loan often means dealing with banks one by one only to discover that they don't feel able to lend to you. That's a lot of time spent applying and a lot of disappointment suffered.
Surely there's a better way?
The quick answer to this is that banks won't lend to you if you have a bad credit history. They are simply too risk averse. Other lenders have stepped in to fill this space and ironically are often funded by the banks to do this job!
So, if your credit rating is not perfect and you would like a personal loan of £1000 to £25,000 then you need to use our free enquiry service to find the loan you need. Working through us means you'll quickly discover your loan options and get access to these specialist poor credit lenders. And we can assure you that you'll get the same deals as going direct.
If your credit rating is strong then you'll find that banks will compete hard for your business and you will be able to get a low interest rate. We can't tell you which is best, but we can tell you that without a clean credit history the banks won't be interested in your business.
So in the situation where you have had some form of credit problem you can use our free enquiry service to find a specialist personal loan lender to meet your needs. Our free service will allow you to compare loan offers and to judge which, if any, is right for you.
When it comes to getting you your personal loan our online service is second to none. In fact Solution-Loans.co.uk has scored based on 325 ratings & 47 user reviews for its personal loans service.
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