What is a finance broker and what do they do?

A finance broker is a financial professional who assists their clients to secure finance options to suit their individual needs. They act as the ‘go-between’ between a client and a financier.

Why use a Finance Broker?

As one of Australia’s premier and most trusted finance brokers, Loans For U are able to compare hundreds of products on your behalf and has helped thousands of Australians just like you to find lower rates and better deals on their finance.

Our established relationships with our financiers and the sheer volume of business we deliver means they are all competing to win your business. This encourages them to provide our clients with bank-beating rates on products, some of which are not even available directly to the general public. Basically we do the legwork for you to help you save time and money on your finance.

Do I have to pay to use a broker?

In Australia, most finance brokers assist clients without charging the client any out-of-pocket fees. Brokers are usually paid a commission by financiers. Although a broker receives a commission for referring clients, they work directly for you, the client.

Loans For U has accreditations with over 40 of Australia’s most trusted bank and non-bank financiers and can save you time and money by comparing hundreds of finance products on your behalf to find the finance option that best suits your individual needs.

How Do I Get Started?

To get started with your finance application, simply fill out an easy, online finance application. It only takes 5 minutes to get the ball rolling and in most cases our clients can expect to receive same-day approval*.

What happens when I apply?

When you submit an finance application with Loans For U, your friendly Finance Consultant will contact you ASAP to discuss your application and your individual needs. They will then look at your application and using their intimate knowledge of our financiers’ products; identify the financier who they believe will give you the best possible finance to suit your individual circumstances based on each financier’s unique credit criteria. They will only submit your application to the financier who they believe will give you the best deal, thereby protecting your Credit Score from unnecessary enquiries.

I have more questions; how do I get answers?

Contact our friendly Finance Consultants on 1800 538 287 for an obligation-free chat about your specific finance needs. They’ll be more than happy to assist you with any questions you may have about the finance process.

 

* This does not constitute an offer for finance – all finance applications submitted with Loans For U Pty Ltd are subject to lending criteria and suitability assessment. Same-day approval is based on applicant suitability for finance and subject to receiving all necessary supporting documentation as outlined by your Finance Consultant in a timely manner.