How to compare lenders rates
One of the best ways to find out how cheap we are is to speak to other lenders and find out what rates they offer on their loans. Once you have searched around a bit you will realise that varooma offer very competitive loans. We make it easy for our customers because they know that by choosing us, they are getting a great deal.
In order to carry out a proper comparison of loan rates it is often easiest to look at the companies fixed annual interest rate. When you speak to a company ask them how much you will pay back monthly for the amount you want to borrow, using their fixed annual interest rate.
Make sure that you are quoted for borrowing the same amount over the same period of time for all lenders. Sometimes APR’s can be misleading, so find out how much exactly you will pay back each month.
We understand that lenders make claims about the good value of their loans, so the best way to check the validity of any of these claims is to find out for yourself. Find out what the true cost of taking out a loan is with all providers and then base your decision on that.
For most people, price is a very important factor, but you can also look at customer satisfaction levels too so you have an idea of how you will be treated by the company once you are a customer.
Not only do we have the best value loans but we offer a fast decision on whether we can lend to you. When you speak to one of our advisors they will generally be able to tell you whether you are eligible for the loan or not within a few minutes. There is no waiting around for a decision and you know where you stand.
Just because we can make a quick decision about whether or not you are eligible for a loan, doesn’t mean that you have to. As we have mentioned, it is always beneficial to you to shop around for the best deals. We do offer a guarantee that we aim to be cheaper than other lenders, however this doesn’t mean that you shouldn’t look for yourself.
We will never rush or push you into taking out a loan with us and are happy for you to come back to us if you feel like you would like to look around at other lenders.
High levels of customer satisfaction
Together with aiming not to be beaten on price we offer a high quality service. We have an extremely high customer satisfaction rating via online review website Trustpilot. With over 1000 reviews and counting, the number of excellent reviews we have had speaks for itself.
To find out more about Varooma’s cheap logbook loans, please contact us today.