Are private lenders online reputable and legitimate I want to take a loan fron one but i am afraid advise me?

Answers:2   |   LastUpdateAt:2012-08-14 14:04:34  

Question
sunserayer
Asked at 2012-08-12 12:07:03
part of the private lender who say they can give loans to people who are good , please someone say that no one has to use them with good results and a reputable company and legitimate. and fair rates . Please help me ?
Answer1BlueAnswered at 2012-08-13 02:00:03
Most are legitimate , but you can check that all legal lenders are registered with the FSA (Financial Services Authority) and will have a registration number . Available online in the FSA 's website www.fsa.gov.uk if the number is real. They must also register for VAT .

As for the charges vary. It's a good idea to check the rates on the 'street' with the banks that this will give a comparison. Rates tend to vary according to the amount of time and ability to pay. Some lenders usual lend to people who think they can get into trouble paying . Those who do not usually charge higher rates or insist that expensive insurance that protects them, but not you .

You can not give a specific recommendation as I used Lombard and GE Capital therefore not enough to make a fair comparison.
Answer2RyanAnswered at 2012-08-14 14:04:34
Most of them are legitimate, but you should be careful before choosing private lenders. I know some reliable as http://carloan123.net private lenders , etc. http://faster-car-loans.com
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