finance brokers

[sgatford]

if we pay the 50 pound fee to a loan broker is our loan guarenteed

[BenDToy]

Just ask yourself why anyone would charge a fee for a service which would be free anywhere else. Don't do it! You will not get your loan, or your money back.

[cheyenne]

if what ive read on here in the last few months.they get your �49 quid and you get ****** all?if this is censored i said b*gg*r all.

[vicars]

Charging a fee is fine but ask if it gets refunded if you get the loan - watch out though as loan brokers tend to use companies that have high arrangement fees. If you cant get the loan from the high street think longer term and start to build a better credit rating by using your credit cards sensibly, paying them on time every month (every slip counts aginst you) etc. This will help give you a better standing with credit companies. If you know you have bad credit (arrears ccj etc) I would look at a major money info website where they compare loan rates and categorise you into different slots - then apply for a rate that suits your circumstances.

[PatTheRat]

If u have bad credit rating ask your bank for a loan on �200 pound. If they allow this, and they should because it is so small, arrange to pay it back in 3 monthly installments. If you pay back the loan on the dates required your credit rating will go up. Hopefully you will not need to use a loan broker in the future.

[j logan]

I paid a fee to a broker after weeks and weeks of serching for a loan to pay my debts off. the reson i was declined was because i never made any payments to my creditors once my loans had been approved so due to my lazyness i paid a fee and let them do the hard work and with a fortnight i had 25k to pay off my existing loans however i wa stupid and and never paid it back so i decided to put it under a debt managment plan whoopeee!!!!!!!!!!!!!!!!