You may have been searching for a payday loan recently and have got confused at the huge number of people offering short term cash loans. Not all of them offer the product themselves and in many cases are simply an affiliate or associate of another company who actually do the funding and generate the agreement with you. This works in a similar way to the big comparison sites who are paid a commission to provide traffic and potential customers to the lenders.
The affiliate system is good as it can mean you get to compare the loans on one page, however, we would urge you to carry out some research before committing to make sure you are happy that you are in safe hands. This ultimately means the sites you visit need to have their own consumer credit licence if offering you the funding themselves. EPDL offer payday loans direct not as a broker but as a lender and as such can concentrate on offering a great service that is governed in the right way.
So when you are searching for a payday loan, you can now browse sites in the knowledge that not all the sites you visit will be a direct payday loan lender. Give us a call if you need further clarification or help with anything else.
