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D2 The Courtyard, Alban Park, Hatfield Road, St Albans, Hertfordshire, AL4 0LA
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The Difference Between Mainstream & Independent Lenders

In recent months a number of mainstream lenders have sadly gone by the wayside, either by closing, heading into schemes or administration and we understand this isn’t a comfortable position for both their employees and customers. Many people put their trust in their loan companies and most people will use the same one time and time again if they need too, so how is it that we have lost so many big names in recent months?

Well, just like retail stores mainstream lenders have people making the decisions for them, regardless of who their customers are or how it might affect them. Whether it’s not working closely with customers or a change in interest rates, the decisions made at head office could have knock on effects across the board. You might think to yourself, isn’t everyone the same? Aren’t all loan lenders run the same? Well the answer to that is NO.

At Forward Finance, we are an independent loan company and we consider the customers when we give a loan. For us it’s more than just lending money, we want to make sure you can afford the money you’re lending and you can make the repayments in full and on time. But it doesn’t stop there, unlike mainstream lenders if you hit a rough patch, we’d rather work with you to help you pay off any outstanding balance, rather than just sending it straight to collections.

We are authorised and regulated by the Financial Conduct Authority just like any loan provider and are also a proud member of the Consumer Credit Association. Our aim is to provide loans of up to £1000 to our customers but only if it’s affordable to them. We carry out thorough checks before giving any loan out and as a doorstep lender, you’ll work closely with a member of our team, not just a robot on the phone.

Mainstream Vs Independent Lenders

Why Should Your Choose A Local Loan Company?

Just like any other business, local loan companies provide a much more personal service. At Forward Finance, we pride ourselves on our reputation, which has helped us to become one of the leading independent loan companies in the Hertfordshire area. There are many reasons why you should consider a local loan company over a mainstream lender and some of these reasons are:

  • We work closely with our customers on a 1 on 1 basis
  • Doorstep lenders are much more efficient and practical
  • We are local, which means you can talk directly to us not just someone on the phone
  • Our customers are at the heart of our business
  • You’ll deal with your own agent
  • If your circumstances change, we’ll work with you to get your agreement on track

Applying For A Loan

If you’re based in or around Hertfordshire and are considering a loan, then why not get in touch with us. When you choose Froward Finance, you’ll work directly with your own assigned agent. We’ll assess your situation and will offer you a loan based on your financial situation at the time. Our loans are available up to £1000 and can be spread over a flexible period of time. Contact us today.

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Compare the price of home collected and other cash loans available in your area at www.lenderscompared.org.uk
Authorised and regulated by the Financial Conduct Authority | FCA Number 670659

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