Friendly Finance’s tools allow borrowers to quickly compare different lenders in one place. Our services are designed to smooth out all the major obstacles customers face when comparing loans, to help make faster, more informed decisions.
Which loans are right for me?
There are online loan products for all types of personal needs. The first step to choosing a lender is deciding on the loan type that is right for you. As regulators categorise loan types separately and apply different rules to each one, we compare different metrics. If you want a smaller sum of money over a shorter period, a short-term lender may be a good choice. A personal loan lender would be a better choice if you are looking for a larger amount over a longer period.
Friendly Finance has a customised comparison tool for each loan type to make it easier to decide on a provider that meets your financial needs as fast as possible. We have designed our comparison tables to address the most common interests of borrowers. For example, for each online loan product we review, we highlight only the relevant details, such as; minimum and maximum loan amounts, the term of the loan, interest rates, service fees and other criteria.
Friendly Finance strives to only work with the most trusted lenders, so you can be confident in the selection.
Understand the cost of borrowing
When you have reviewed the cost of online loans, our calculator tool can help you make initial affordability checks. You can adjust the amount you wish to borrow, the payback period and other variables to understand the overall cost of borrowing. Only apply for a loan if you are confident you will be able to meet the repayment amounts.
Select and apply
As soon as you select your lender, you will be redirected to their website where you can apply. Most applications take 5-10 minutes to complete. The lender will make an approval decision based on their unique lending criteria. If you are approved, you will be asked to sign a loan agreement. It is recommended you carefully review this before agreeing to the terms. If you are happy with the terms and sign, your bank account will be credited the funds, which can happen on the same day in many cases.
Friendly Finance commitment
Friendly Finance is dedicated to providing access to updated information so you can decide how to get cash quickly. Our reliable system allows you to make an informed decision to access the right loan for you. We work hard to ensure transparency and ethical business practices every step of your journey.
If you’re looking for the best personal loans, we’re ready to find a lender that can help!