Some individuals choose to work with a payday loan broker because they can be a faster option. A broker specialising in payday loans will already know the key lenders to look at and contact them. As a borrower, you will not have to spend hours on the internet researching different direct lenders and comparing the various payday loans available. A payday loan broker will do all the investigation for you, including researching the loans and looking into whether a lender is legitimate. They can check things, like existing customer reviews and FCA regulation, on your behalf and save you a lot of time. Some payday loan brokers can also complete application forms for you, so you have nothing to worry about other than repaying your loan when the time comes.
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