Money Lending Advice

Bingo Loans is here to offer helpful borrowing advice using its innovative loan matching system. After entering your preferred loan amount and repayment dates, we’ll find you a lender. The transparency of Bingo Loans’s lending suggestions is one of their unique selling points. Bingo Loans prides itself with ensuring you make the most informed decision possible by comparing various APR rates from different companies. Bingo Loans won’t run a credit check on you but our lenders will. This ensures you are able to able to benefit from our best loans. For more money lending advice, see our faq or other helpful articles.

How Much Should I Borrow?

Finding the right loan value for you and your needs can be challenging. Bingo Loans’s calculator takes your details and show common rates for the values entered. We also show an example repayment illustration using the common APR our lenders offer. Always check the monthly repayments carefully to make sure you can afford to pay back. Once you apply for a short term loan, a credit check is completed to ensure you are a strong candidate for repayments.

Can’t Make Your Repayments – What Can You Do?

It’s essential to make you select the right lender for your loan to avoid problems later on. Bingo Loans always displays all of the facts and only deals with reputable lenders. Those lenders will make sure you fully understand the repayment terms of the loan before you sign. Should you fall into any difficulty paying back your loan, it’s important to get in contact with your lender as soon as possible for debt advice. They will help you find a balance that means you can repay your loan. Failure to meet repayments can have an impact on your overall credit score and may lower your chances of being accepted for a loan during your next credit check.

Before borrowing any amount of money, it’s always a good idea to triple check your ability to make repayments. Short term loans should stay just that, quick to access and offer a relatively short payback period.