Borrowing money is, sadly, a fact of life for many of us and when it requires a larger-than-usual lump sum for something like home improvements or a car, it’s the personal loan market that most of us turn to.
Although we’re getting better at shopping around for good deals, people often just go straight to their own bank for a loan because they think it’s the easiest route. But it’s just as easy to get a loan from a lender you’ve never used before. To that end, here’s a checklist of the sort of things you should be watching out for: …