Loan advice
Money management can sometimes feel a bit of a minefield. Fair Finance is committed to putting you in control of your money and offers confidential advice for anyone with financial worries.
Here are a few helpful tips on finding the right loan. We update this section regularly to cover other financial issues so keep checking back...
Know the deal
Make sure you’re getting the best deal by asking the right questions.
- What is the interest rate?
- Are there set up charges or administration costs?
- How much are weekly or monthly payments?
- How much is the total payment?
- What happens if I miss a payment?
Shop around
Many companies offer ‘quick’ or ‘easy’ loans - but at a price. Make time to shop around for best deal.
Check out your local newspaper, Yellow Pages or ask around for the names of reputable lenders.
And remember - avoid loan sharks or lenders who make you feel uneasy.
Be smart
Before any final decision, make sure you...
- Decide how much you need to borrow
- Compare the prices of different lenders
- Get companies to quote ‘like for like’
