What is Lenders Compared?

Jan 21, 2019

Lenderscompared.org.uk is a free to use, independent price comparison website. Its aim is to help consumers find the best small cash loan. They are not here to sell you anything, so there are no sponsored results or other adverts on this site. This is a great tool for consumers to save some money on the interest for the loans that they apply for. At Estone we welcome all potential customers to firstly compare our loans rates against other lenders in their area before they apply for a loan with us.

Lenderscompared.org.uk was set up after the Competition Commission’s investigation into the Home Credit Industry. The Competition Commission was closed on 31 March 2014 and many of its functions, and those of the Office of Fair Trading, were transferred to the new Competition and Markets Authority (CMA). The CMA works to promote competition for the benefit of consumers, both within and outside the UK. Its aim is to make markets work well for consumers, businesses and the economy.

Lenderscompared.org.uk is paid for by the largest Home Credit companies. The website is governed by a board comprising representatives from these companies as well as a number of people who are independent of the Home Credit industry.

So please use their free service to save money on the loans you apply for!

Here are a few tips to navigate the website:

  1. Select how much you would like to borrow
  2. Select the loan duration that most interests you
  3. Enter your postcode 
  4. Compare all the rates in your area  
  5.  

It’s really that simple.

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Representative Example £200 Cash Loan repayable over 27 weeks 27 weekly payments at £10.50.
Rate of interest 80.63% p.a. Fixed Representative APR 295.2%. Total amount payable £283.50