Best Personal Loans UK
Finance awards can help you find the best lenders
To find the best personal loans UK customers have an important ally: the growing number of finance magazines and Web sites. Firms that win awards from these magazines and sites aren't slow to tell you about it, but it's a good idea to look at the full list of award winners.
To find the best personal loans UK customers don't necessarily have to wade through endless Web sites: they can look for award winners instead. Magazines such as Your Money (http://www.yourmortgage.co.uk/money/awards03/awards03.htm) have an annual awards ceremony where they identify the best loan firms in Britain, and if you check out the list of winners you can build a good shortlist of firms worth looking at.
When it comes to awards for the best personal loans UK firms won't be slow to tell you about any gongs they've picked up – but of course, they won't tell you of any awards their competitors might have achieved. For example Sainsbury's Bank has been voted Best Direct Personal Loan Provider by Your Money, but the Best Internet Personal Loan provider was Smile. Meanwhile another set of awards, this time at The Guardian (http://money.guardian.co.uk/consumerfinanceawards/story/0,11406,976936,00.html), measures quality of service: once again loan firms are included, but the awards also recognise online banking providers and insurers.
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