It is in the arena of loan comparison sites that the greatest caution needs to be taken by the consumer. During times times of austerity or credit crunch where loans from what is conventionally the most reliable source - the bank - is not an option, there can be a real temptation to seize upon what appears, on the face of it, to be a great loan deal. However, what might seem like a great deal does not aways turn out to be so. Whilst providing the list below, we would therefore suggest that the consumer exercises considerable caution. Loans, by their very nature, have to be repaid and security (normally your home if you are a owner) is almost always asked for by the lender. If you miss your regular repayments, you may lose your house and home. Whilst the comparison sites give a good idea of the type of loan on offer and let you compare loan prices between the various online lenders, you should always look for independent financial advice before taking out any manner of loan that puts your home at risk.
Bankrate
Provides, under its banner of "Comprehensive. Objective. Free, a
really detailed financial advice service across a broad range of
products and services. A site that is full of useful and informative
advice, including mortgages, refinancing, home equity, CDs and
investments, checking and savings, auto, credit cards, debt management, insurance, college finance, retirement and taxes.
Definitely one of the leaders in the field of internet loans
comparisons.
Lease Compare
A site that provides instant online comparisons of auto leasing and auto financing deals.
Lease Compare's website includes and easy to understand loan price
comparison tool for you to assess the regular payments that you will
need to make to fund the purchase of your automobile. If you are looking for money savings on your auto financing this site is
worth a look.
HSH Associates
Another invaluable tool for those who want to improve their
financial situation. HSH's site covers a broad range of loan
information services to consumers, including a mortgage finder, interest rates
and mortgage statistics, articles and information, financial indexes and a
helpful blog.
Finaid
A good provider of a broad range of financial tips and advice for students, including student loan deal comparisons.
Information is also provided on grants to graduate school fellowships and education tax benefits to tuition payment plans,
together with access to easy to use calculators.
Eloan
Provides a range of
financial services and represents a useful resource for those who want to compare
the cost of loan deals. Amongst the products that are highlighted on
its "Radically Simple" site are savings and CDs, mortgages, home
equity and auto loans.
Lending Tree
Major finance website that provides comparisons of a wide variety of loan deals,
including refinancing, home equity, mortgages, auto loans and credit
cards. Also provides helpful information about mortgage rates and
calculations.
Definitely a site that is worth a look.
Credit Loan
Provides a straightforward comparison of leading US
loan deals. Also provides the visitor with financial videos and
access to the site's blog. Credit Loan provides useful access to
comparisons of credit card and loan consolidation deals, with the
facility to make an application or online or, alternatively, to
speak to one of its telephone representatives.
Banklady
Loan comparisons, which are provided in a simple form. An easy to
follow and informative site for those who are interested in loans.
Not one of the major loan comparison websites but it has a simple
format and may just be the site for you.
Money Central
Money Central, provided by MSN is a major
United States financial comparison site. Many services, including
home equity loans, auto loans, personal loans, refinance loans and
mortgage loans can
be compared online. A useful and informative website.
Interest.com
A detailed site that provides online comparisons of loans together with additional guides tables and tools.
Interest.com deals with mortgage loans, home equity finance, bad
credit loans, CDs and savings auto loans and credit cards with a
helpful calculator. Provides additional financial comparisons,
making it a site that is worth viewing.
Your Money Page
Your Money Page is one of the US money comparison sites, providing a user friendly loan
comparison tool and a wealth of information about money in general
and loans in particular. The site also provides a range of financial
calculators, including calculators for loans, credit cards and
mortgages, making it well worth a visit.
Credit Karma
A further
United States financial site which deals with a variety of financial
comparisons, including the cost of various loan deals. The site also
allows access to a free credit scoring tool in addition to news items and advice on credit with useful calculators.
Auto Financing
Dedicated site dealing exclusively with auto financing loans, including loans
for individuals with a bad credit rating. Because Auto Financing deals
only with loans relating to auto acquisition it is a more compact site than
those dealing with more generalised loan comparison.
Rapid Car Loans
A further United States automobile loan comparison website. Rapid Car
Loans provides the user with an online no obligation auto loan quote, which they
then forward to their network of lenders & dealers, who will compete to provide
the best deal. In that sense, you make your own comparison, albeit with the
assistance of the site's recourse to a range of loan providers.
Loan.com
Specialising in
car loans, home loans, business loans, personal loans and business
loans. The website also provides the visitor with access to news and
information, details of loan rates and a blog. A major US loan site that is worth looking at.
Money Aisle
Wide-ranging site dealing with a variety of financial services
including Bank CDs, savings accounts and auto refinance and loans
comparisons, including CDs and savings, auto refinancing and loans
and savings acounts.
Loans.net
This is a another of the US loan comparison sites, which we found
particularly helpful in providing comparisons directed towards loans
and debt management and access to an instant online quote in "one
easy step." Loansnet provides access to comparisons of auto loans,
bad credit, home equity, payday loans and a range of other products.
Yahoo Finance
User friendly and straightforward site with easy to understand finance search engine and comparison tools, providing comparisons of secured and unsecured loans,
automobile financing loans and mortgage loans, amongst its range of
product comparisons.