Property News · April 22, 2017

How to find the best personal loan without damaging your credit rating


If you apply to lenders that use ‘hard’ credit checks you could be left with a mark on your credit file and miss out on lower ratesUnderhand tactics by leading personal loan providers are costing Britons hundreds of millions of pounds a year, it was claimed this week. A report says many banks and other companies are “punishing” people for shopping around for a loan because they carry out an unnecessary type of credit check that leaves a mark on their file and can damage their credit rating.However, it is easy to avoid this problem because there are lots of lenders and comparison websites that allow people to get a personalised quote without affecting their credit rating. Continue reading…

Source : theguardian.com
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