When applying for any type of loan it’s always smart to shop around and make sure you’re getting the best interest rates available. Lower interest rates mean lower monthly payments and less interest paid over the life of the loan.
The one thing you do need to be careful of is applying for too many loans at different lenders because each application directly to a lender counts as a credit enquiry and this can negatively affect your credit score.
To avoid hurting your credit score we recommend using an online service like us. In just a few minutes we can check what interest rates you may be able to get from over 20 lenders without hurting your credit score because we do what’s called a soft credit check that doesn’t hurt your credit rating.
So using a service like ours can quickly and easily show you some great interest rate options while protecting your credit score. You can apply here.