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6 Reasons to Use a Direct Payday Lender and

If you have questions about the loan a broker is not going to be able to answer them as they are only going to sell the loan onto a direct payday lender.

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6 Reasons to Use a Direct Payday Lender and

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  1. 6 Reasons to Use a Direct Payday Lender and Not a Broker

  2. Reason 1 • Payday Loan brokers will only sell your lead to a lender anyway, so why not go straight to the lender.

  3. Reason 2 • Many brokers make their sites look like a lender to fool visitors into applying. • The details on the broker site, like APR cannot be accurate as they are not the ultimate lender.

  4. Reason 3 • Some brokers will charge an arrangement fee, maybe as much as £70 just for handling your application. They will then still sell your application to a lender.

  5. Reason 4 • A lender will conduct one credit search whereas a broker may sell your data to multiple lenders who will all undertake their own credit search.

  6. Reason 5 • If you have questions about the loan a broker is not going to be able to answer them as they are only going to sell the loan onto a direct payday lender.

  7. Reason 6 • A broker only cares about selling your application. They have no interest in finding you the right product for your circumstances.

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