Loan Brokers (2023) – Compare and Find the Best Loan Rates

Our Top Loan Brokers March 2023

Important

Please note that loan amounts, interest rates and other loan terms may vary according to your state and credit profile.

Show All

How To Compare Loan Brokers

Choose your loan amount

Choose the amount you need for your auto loan

Compare the best loan rates

Filter the results based on your criteria

Choose an offer

Find the best match for your payday loan needs

Complete the application

Click Get Started to begin your loan application

Compare loans now >

As seen in

What Is a Personal Loan Broker?

A loan broker acts as a go-between you and a lender. A loan broker service can save you time and money. The same way a travel agent will negotiate a deal on your behalf.

Personal loan brokers can assist you in finding a personal loan that is tailored to your needs and financial circumstances.

You apply for a loan through a broker rather than directly with a lender.

The broker will then contact the lenders with whom they are linked as well as explore the market for a loan that is a good fit for you.

Find a loan now >

Best Rated Personal Loans

4.8

Based on 4 reviews

4.6

Based on 8 reviews

4.6

Based on 18 reviews

4.4

Based on 12 reviews

4.3

Based on 43 reviews

4.1

Based on 7 reviews

4.1

Based on 4 reviews

4.1

Based on 78 reviews

3.8

Based on 10 reviews

3.8

Based on 26 reviews

How Do Personal Loan Brokers Work?

Personal loan brokers work in a similar way to mortgage brokers: they help you find a good deal on your loan.

A loan broker can assist you with a variety of personal loan solutions available from lenders and help you find a suitable offer – whether you are planning a vacation or purchasing a new car.

Personal loan brokers look for loans within their lending panel, which is basically a group of lenders with whom they work.

They will find a product from one of these lenders once you sign up for their services. Most personal loan brokers provide online applications and loan administration, eliminating the need for you to schedule an appointment or sign and mail documents, which can save you time.

Be sure to ask your personal loan broker about:

The total cost of the loan
Any extra costs
Number of lenders compared for your application
If your information is exposed to third parties
Fee disclosure

If you merely need a small loan amount to avoid using a credit card, a broker is not needed. Certain credit unions and smaller banks offer unsecured loans as little as $2,000, although brokers normally won’t work with loans as low as $5,000.

The Benefits of Using Loan Brokers

Personal loan brokers make things easier for you. Rather than comparing the market on your own, a personal loan broker can handle some of the work for you. You’ll also have a single point of contact for the duration of your loan.
They personalize their options. A broker can assist you in locating the best loan option for your specific situation.
Can assist candidates with poor credit. Brokers might be especially helpful if you have a low credit score or are having difficulty satisfying the typical loan standards at larger financial institutions.
Can assist you in maintaining your score. By avoiding unnecessary applications and potential rejections from various lenders, using a broker can help you maintain a strong credit score.

Start comparing loans now >

Find the Best Loan Broker an Apply Online

Save on loan rates by comparing with us first

Compare loan rates now >

Save on Loan Rates

Save by comparing with Financer.com first

Interests Loan amount Loan term

How to Find a Good Loan Broker - 6 Tips

Tip #1

Look at the loans offered

Make sure that the broker you want to work with offers the type of loan you are looking for.

Tip #2

Consider the type of interest

Most brokers offer fixed-rate interest loans only.

Tip #3

The loan conditions

Can you pay off the loan sooner, make extra payments, or redraw on overpayments? Check to see if you may use these services without paying a price.

Tip #4

Look at the lending panel

This is the lender pool from which your broker will select a loan. The larger the panel, the more likely it is that you will obtain the greatest bargain possible.

Tip #5

How do they work?

Some brokers operate almost completely online, while others rely on more traditional methods such as phone, fax, and mail. Make sure you’re comfortable with the system your broker employs.

Tip #6

The funding time

Brokers have varying speeds at which they can approve and fund your loan. If you need a loan quickly, an online broker should be able to approve it faster than a traditional broker.

Compare loans now >

What Customers Say About Us

4.60 based on 319 reviews

from Reviews.io

It was super easy to deal with them. The comparison service was just amazing.

A quick, efficient, and certainly hassle-free service. Their comparison tools were best that helped me find the perfect loan provider service online with great ease. Thumbs up.

I got invaluable financial pieces of advice, free from any complicated terms & conditions. It was great!!

This is the most trustworthy site if you are looking for honest reviews, straightforward ratings and real-life opinions on financial products. I enjoyed a great experience, now it's your turn!

I had an amazing experience dealing with them! The comparison tools have worked great for me in finding the right lender.

One of the legit lenders suggesting service I have ever come across. Highly recommended!

Find Your Loan at Financer.com

Looking for the best loan brokers? Financer.com helps you compare the top-rated loan brokers and get affordable terms and loan rates from leading U.S. lenders.

We look for lenders that offer full transparency and have a long track record of successful lending and satisfied customers. We are always improving our comparisons, but are confident in what we can bring to market, and we know you will be as well.

Use our free loan comparison tool to find the right loan save by comparing with us first.

Loan Broker FAQs

Does it cost more to use a personal loans broker?

You may have to pay a monthly charge to use a personal loan broker, but you can try to negotiate a lower fee when you sign up for their service. All brokers earn money through commissions paid by the lenders they refer. This is not added to the cost of your loan or the interest rate.

Can I take out a loan from my current bank via a broker?

Brokers sell goods from lenders on their lending panel, that is, lenders with whom they have a relationship. If your current bank is on the broker’s loan panel and offers a competitive program, you can end up borrowing from them. Your broker, on the other hand, should be looking for the best value option for you.

Can I stop using my broker once I have a loan?

This will be determined by the terms of your contract. Before you sign on the dotted line, make sure you’ve read all the terms. If you want to change brokers, you will usually have to terminate the loan and get a new one.