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What should I verify about a lender's authorization?

What should I verify about a lender's authorization?

A trading name, polished website or familiar badge is not sufficient evidence of authorization.

Use the relevant official register and confirm matching details independently. Authorization and product suitability are separate questions; a legitimate provider does not make every agreement appropriate for every borrower.

Details

  • Describe the practical decision before comparing
  • Record the budget and timing questions
  • Clarify security and additional obligations
Check the repayment schedule

Work through the repayment planning guide

Read the security and responsibility questions before comparing the price of different loan types.