Tips to identify reliable payday loans direct lenders

Trustworthy Concept

If you are in the market for a payday loan, it is best to approach payday loans direct lenders. Not only will you be able to get a good deal, you can also rest easy knowing that you are dealing with a reputable lender.

Today, many payday loan lenders are present online. This makes it difficult to ascertain whether a lender is reliable and trustworthy. Here are some tips that will help you short-list the best payday loans direct lenders online:

  • Website look and feel: Check the website of the payday loan lender. Is it a professional-looking website that is well-organised and user-friendly or a site that is haphazardly thrown together? If you think it is the latter, opt for another lender.
  • Contact details: A reputable payday loans lender will never hide behind the anonymity of a residential address. The site will list down the business address and contact telephone number that is manned by a real person and not an automated service.
  • Read the About Us section: A legitimate payday loan lender will always reveal the names of the professionals behind the organisation. You should be able to find out who is the CEO of the company along with personnel in-charge of different departments.
  • Licensing: Find out whether the payday loan lender has a licence to dispense payday loans. In the UK, the authorising body is the FCA. This should be mentioned on all webpages of the website.

The good news you don’t have to go through all this trouble to find reliable and reputable payday loans direct lenders. You can get access to such lenders through allthelenders, which is the UK’s first comparison website dedicated to the short-term loan industry. The allthelenders website is authorised and regulated by the FCA, and it provides 100 per cent independent results that allow you to make an informed borrowing decision.