Among the easiest methods to verify that an organization is just a lender that is direct to check on the FCA register. This shows whether or not they have a loan providers license or license that is brokerвЂ™s. In case it is the second, it shows that they only introduce loans but don’t program them as a UK direct lender.
Other methods consist of looking at the language on a webpage. Included in FCA legislation, agents must state on the sites that they’re agents in place of loan providers. This will ensure it is clear when it comes to customer. Some web sites will perhaps not get this to information clear; scroll right down to the footer to make sure.
Other language you may see is вЂguaranteed approvalвЂ™ or panel that isвЂour of.вЂ™ This features they are probably be dealing with a few businesses rather than underwriting the loans on their own. (mais…)