Online comparators on accounts, payment cards, loans and mortgages are growing exponentially. Some of these have some peculiar characteristics, such as Capital Lender which is at the same time both a comparator and a credit broker. Therefore, in addition to offering the comparison function between the offers of various banks / financial institutions free of charge, it also offers the next step, which is that of consultancy and possible continuation with the loan request selected during the comparison phase.
As online services, the portal is managed by the company Across Lender. The launch date of Capital Lender dates back to 2011 and over the years it has collected a curriculum rather full of positive opinions. We immediately reiterate that the offer of its services to the public is 100% free and that each quote will never be binding.
The services it offers
The aspect of the comparison is logically the most immediate and does not even require the creation of an account. Simply select the type of loan you want (for example aimed at home furnishings), the amount, the duration and provide the little information required in the form, as we see in the image below:
As you can see, no personal information should be entered. Then clicking on the Search Loan button starts the search engine function. For example, with these parameters on 6 December 2017, the following proposals appeared:
In the comparison, some fundamental aspects can be noted, namely:
- there is no differentiation based on the type of loan proposed (assignment of the fifth, personal loan, etc.);
- the proposals are in order of the installment amount;
- The proposed economic conditions are not always visible.
How do I apply for a loan?
Banks or financial companies that operate online with a digital signature will allow you to complete all the request via the web starting from the visualization of the estimate. By clicking on the “request loan” button, you will be directed to the page in charge of entering the precise data from which you can then move on to the next steps. With more traditional financial and banking companies such as Compass, you are instead redirected to a form page that will allow you to make an appointment.
Whichever loan is chosen, Capital Lender carries out a consultancy function that starts from the request for an estimate up to the real one of the loan. In all cases, as can also be found written on the website, in December 2017 the Lite Lender Company comparator offers up to 180 discounted loans resulting from agreements with various credit institutions. For example, some partners are:
It is possible to print the estimate obtained, send it by e-mail or save it in the Mycredit Lender account.
From the information on the official website to obtain a first feasibility and processability opinion from the chosen bank (or financial company) it may take up to 48 hours.
There is no real registration page, which can cause some confusion for those who would like to proceed by making a personal account first. In reality this is generated directly by the system, when the data for the request for the quote are compiled.
The system creates the account by assigning a default password and using the e-mail address entered as username. Then, as is the case for any other site that offers services available via login, you can enter your account via the “access” item (located in the upper right part).
The use of the account will not be mandatory, even in the subsequent stages or if you want to go back to do other research on the various types of loans in the future.
The duality of services ranging from comparison to brokerage of Mycredit Lender have the positive aspect of convenience. The convenience of the conditions of each individual loan will then be assessed personally, making checks also on the conditions applied outside the buyer’s environment.