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Why are online loan websites taking me round in circles?
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JustAGuyWithQuestions
Posts: 47 Forumite

in Loans
I've been attempting to apply for a small loan and everytime it says I'm accepted, I'm redirected to another website offering this loan. When I choose to accept the loan from that company it again takes me to another website with yet another list of possible lenders. It's frustrating. Why is this happening?
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Comments
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STOP now.I do hope you have not given your card number to any of these "lenders".You are obviously looking for a sub prime loan. Those waters are full of sharks who are out to take a chunk of you. if you can't get a loan from a main stream lender you need to find another way to get the cash other than using the sharks.
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molerat said:STOP now.I do hope you have not given your card number to any of these "lenders".You are obviously looking for a sub prime loan. Those waters are full of sharks who are out to take a chunk of you. if you can't get a loan from a main stream lender you need to find another way to get the cash other than using the sharks.
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You may have set up a few payments or direct debits to the loan companies you visited.
Probably best to retrace your steps, see who you visited and get ready to cancel any payments or request refunds. Keep an eye on your bank statements.
In future, only provide your payment details when you want to make a payment.4
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