FAQ

What does Loan Port do?

With over 245 lenders in the market, finding the right one with the right product for you can be a thankless task. That's where we come in. With one of the UK's largest selection of lenders, nobody searches harder to find you the right loan.

What are the interest rates or APR?

We will show you indicative APRs and example repayments, however the actual figures will depend on the specific terms of your loan, the lender and your individual personal circumstances.

How do you find me a loan?

Our search of lenders is based on the information you give us when you make your application and matched against the criteria that lenders use to accept customers. Using this information, and our vast years of experience, we can match you with a lender that we think will be your best option.

One of the great things about our service, and the reason we've been helping people for so long, is that we don't need to carry out a credit check on you when we're finding you a loan. This avoids loads of credit checks affecting your credit record before you find a suitable lender.

How long will it take me to get a loan?

Once you've made your application we will present you with the best loan options available to you right now. Unlike any other broker out there, we like to show you a variety of loan types you could be accepted for. That way you can make sure you're getting what's best for you. All you need to do is click proceed if happy with the example repayments. The quicker you do this, the quicker you'll get a loan.

Do you take a fee?

We do ask for a small one off fee of up to £49.50 for our service, this is to cover our processing costs and the running costs of our loan sourcing software. We don't take money from the lenders we recommend to you, even from our associated companies, and so we won't limit our search. This is why we take a fee, so we can remain completely unbiased and find the best loan for you, not the lender.

Please be rest assured that unlike our competitors, you will never be charged any further fee or any recurring payments by us. We are proud to be the UK's cheapest loan sourcing site

What's more, we want you to be totally happy. So, if you do not get offered a loan within 14 days (which if accepted we are certain you will be) then write to us and we will give you a full refund. Please be aware that because we will have already carried out work on your behalf, we are allowed to legally retain a £5 statutory brokerage fee, from the money you have paid. This means that although you get a full refund, it will be minus £5.