Loan Options and Priority Money Club

Priority Money Club
Loan Options

Loan Options and Priority Money Club are the most popular fee-based brokerage services for personal loans. They both also share the launch year of 2010. Beginning with Loan Options, they cover a wide spectrum of products. This includes credit cards, debt management and even energy switching. This company is based in Bridgend and they are found at www.loan-options.net. They claim to handle over 3000 applications daily. This may be more of a ploy to attract in further leads, but there is no doubt that they are a popular outfit. A service membership fee is charged at £67.76 and this is debited within the time frame of 62 days.

Refunds can be received on request once securely logged in that will take 7 days. Their application form allows applicants to select amounts between £100 and £100,000 and they have a panel of around 20 direct lenders. The Priority Money Club loans can be securely applied for through www.prioritymoneyclub.com and a customer login is provided outside on a separate website on the (.co.uk). Search engine data shows that Priority Money Club is roughly twice as popular as Loan Options. Whenever I make financial searches on Google I do commonly see their ads displayed and so paid search looks to be a major business channel for them.

They are based in Leeds and their loans are headed between £500 and £5000 with a term range of 3 to 60 months. A sample rate of 55.9% is provided, but no further information surrounds their lender panel. The Priority Money Club broker fee was priced at £69, but this has recently been raised to £79.95. You can get a refund when cancelling within 14 days. Their loan matching service lasts for 10 weeks and if they can’t help you in this time then you can receive a refund minus £5. This required fee is hidden away and so you can see how some applicants can end up entering into an agreement by mistake.