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A Broker is a middle man who sits between a Lead Generator and a Lender. www.trueblueloans.co.uk
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True Blue Loans Direct Lenders versus Brokers
What are Brokers? • A Broker is a middle man who sits between a Lead Generator and a Lender • A Broker earns money by selling the lead to a Lender • A Broker offers no added value or benefit to the customers • A Broker just makes the cost of the loan more expensive.
What are Direct Lenders? • Direct Lenders are the people who actually lend the money • A Direct Lender only makes money if the customer borrows and repays the loan • A Direct Lender is not a broker • A Direct Lender needs good customers not leads
Should you Use a Broker or Lender • Always go to a Direct Lender rather than a Broker as ultimately you will always end up at a Lender as a Broker does not lend money! • True Blue Loans is a direct lender • www.trueblueloans.co.uk