feefreeloans

loates123

https://www.feefreeloans.co.uk

not sure if i can post this, but one of my mates is involved in this company and i have to say they seen very good.........

if i can not post this please delete the thread

paint

nooooooo, these guys look well dodgy! They don't even use a secure server to take your bank details! One to avoid IMO!!!

JasonW_2

Gives new meaning to an unsecured loan :eek:

JW

MarkyMarkD

They are a shoddy company.

They don't mention rates anywhere on their site. So they aren't going to even tell you how much they might charge you until they've credit referenced you.

So you might get credit referenced for a loan you wouldn't even have considered accepting in the first place. What's the point of that?

Robert_Sterling_3

"They don't mention rates anywhere on their site"

Yes they do

http://www.feefreeloans.co.uk/loan_rates.htm

paint

The rates are presumably for the secured loans as the minimum term is 60 months (up to 300 months), so for unsecured loans MarkyMarkD's point stands.

And if they're offering 11.9% on a secured loan, goodness knows what the rates would be on an unsecured one.

loates123

hi my friends says
thanks for the advice regarding getting the site secure, he is looking into it now.
with regards to the apr being too high, he is just a broker and not the lender as a result he does not set the apr. if u think the apr is too high then contact the lender who sets the apr not the broker who merely introduces the business...
also the 11.9% is only for small loans there are rates lower than this on the site...

also he is trying to get the site well known and ideas would be great.......

Debt_Free_Chick

thanks for the advice regarding getting the site secure, he is looking into it now.
with regards to the apr being too high, he is just a broker and not the lender as a result he does not set the apr.

So just to be clear ... he only introduces us to this loan? He does not shop around and get us the best loan going?

I do not know of a personal loan you arrange yourself that charges a fee, so in that respect I expect just about all loans to be fee-free.

So shop around folks! Or better still, avoid debt if you can.

loates123

if u had of clicked under the heading 'About FeeFreeLoans' u would have read this paragraph - Because we are not tied into one specific lender we are able to search the market place and find the best possible quote for you without adding fees onto the loan amount. This way you can be sure you are only paying for the money you have borrowed and not fees that have been added on afterwards.
Prior to posting. you should read the information available on the site. Had syou done this, you would have saved time posting an obsolete response.

nh

If they are free to search the marketplace why is 11.9% the best they can offer for a loan of £3,000.

This is certainly not the lowest APR in the marketplace.

This post is in the wrong place cos surely it is a referral, but I think it should stay as a warning.

Noboby does nothing for nothing so freefeeloans are getting their fees from someone (obviously the lenders charging sky-high interest rates).

Sorry, Loates, if you have posted this in good faith (ie. you really thought seefreeloans seem very good) then sorry it has been criticised, but if not then shame on you!