Do all UK loan comparison sites give the same loan results?

Cheers

moneysupermarket.com, comparethemarket.com etc?

DCFC79

Cheers wrote: »

moneysupermarket.com, comparethemarket.com etc?

Maybe, if all lenders are on all the comparison sites then yes.

Why do you ask ?

Cheers

I wish to apply for a UK loan

DCFC79

Cheers wrote: »

I wish to apply for a UK loan

Who do you bank with ?

Generally your own bank is best place to try as they know your account.

I take it your a UK resident ?

forgotmyname

Resident in the UK and working? Registered on the electoral roll? Any negatives on your credit file in the last 6 years?

Cheers

Hi, yes born in UK, on electoral roll, good credit according to Experian and Equifax, no unpaid payments or ccj's, same address for 8 years

I wish to know if there is any advantage or difference in searching a loan comparison site eg, moneysupermarket, over another eg, gocompare, or others

forgotmyname

But so many companies will have low rates 3.7%. but that may only apply to millionares who have more money in their wallet than they want to borrow.

What the check doesn't do is link your financial status to the chances of the company actually accepting you never mind at that rate.

redpete

Cheers wrote: »

moneysupermarket.com, comparethemarket.com etc?

Easiest way to find out is to put your details on them all and see if the results are the same.

[Deleted User]

Results will very depending on how much each lender is paying the comparison site, whether they are offering any given site an exclusive rate and so on.

Lenders will often test different rates through different channels.

dealer_wins

forgotmyname wrote: »

But so many companies will have low rates 3.7%. but that may only apply to millionares who have more money in their wallet than they want to borrow.

What the check doesn't do is link your financial status to the chances of the company actually accepting you never mind at that rate.

Your information is totally incorrect.

The rates apply to 51% of applicants, by law.

gazman100

DCFC79 wrote: »

Who do you bank with ?

Generally your own bank is best place to try as they know your account.

I take it your a UK resident ?

I disagree - doesn't mean a jot if they don't offer competitive loans or you don't meet their lending criteria for best rate loans.

Always a good idea to search round. I would suggest the loan eligibility tool on MSE as a starting point...