Self Service Loans Launched on FASANO.co.uk

The majority of people in the UK will either go to their local bank, or use the services of a loan broker or financial adviser, when they are looking for a new personal loan. As well as helping them to find the best loan deal for their needs, this also allows them to ask questions and take professional advice on the loan before signing up for it. But now, one secured loans broker has launched a new “self service” loan brand, whereby customers are able to input their details and see accurate interest rates and loan charges and make their own decision on which loan is the best for them. Central Loans Ltd is the company which has launched the online service, via their website Selfservloans.co.uk, which will carry out a credit score on the customer, once they have input all their personal details and requirements and give them an accurate list of loan products for which they qualify. Once the customer sees the list of available loan products, they are able to alter their requirements as necessary, depending on the loan rates and terms which they have been offered. Once they click the button to accept their loan quote, the relevant paperwork will be immediately posted out to them by Central Loans. There are already several lenders whose loan products are available on the system and Central Loans are hoping that more will join soon, thereby increasing the choice for borrowers. Ryan McGrath of Central Loans said “Before Selfserveloans.co.uk, our customers had to complete an application over the telephone and had the inconvenience of discussing their personal details with a stranger in order to find out which secured loans they qualified for. Now we can achieve the same result with no telephone calls and much less hassle for the customer.”