Dont ruin your credit rating when applying for a loan

Homeowners wishing to apply for a loan typically get it wrong. Firstly, instead of applying to several different brokers hoping one of them will be able to get you a good deal, look at the brokers and what they offer.

Many brokers only deal wth a small amount of lenders or may deal only with larger brokers who deal directly with lenders. If you apply to these brokers then you are going to end up with several credit checks done - as we know already, this is detremental to your credit rating, multiply this by applying to several brokers online and how many credit checks do you think you will have?

Applying to just one broker who deals with many lenders will cut down on the amount of credit checks and, the amount of phone calls you get from many different lenders/brokers. Simply loans UK Ltd ( www.simplyloansukltd.co.uk ) deal with over 500 lenders!

This means we have a very good chance of not only obtaining a loan for you, but also getting a very good APR for you, resulting in lower monthly payments. So stop applying to many brokers and find the right broker and apply to them and let them do all the work for you.
www.simplyloansukltd.co.uk

About the Author
Jason Byrnes Director Simply Loans UK Ltd