Working as a direct loan lender as opposed to a broker means that Arrow Loans deal directly with their customers and do not charge any additional commission or broker fees. However, they do charge an arrangement fee of up to £495 which is added to the loan amount and will vary depending on a case by case basis.
Arrow Loans are providing a reasonable service to their customers, that includes an easy application process, average interest rates and simple repayment terms. They are clear and concise in presenting borrowers with all the relevant information before applying for a loan and have a comprehensive website as well as direct contact details to contact their team seven days a week.
Arrow Loans provide an online system which is convenient, straightforward and hassle-free. There is no obligation to make an online enquiry, and their application form is quick and easy to complete. Overall, they are providing an ideal solution for individuals looking for a secured homeowner loan. Repayment options are flexible and vary depending on the borrower’s needs and circumstances, loan amounts can range between £2,500 and £25,000, and the representative APR is 19.9%.