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TCF Principles

At Compare My Loan Limited, we are committed to offering our customers the highest possible standards of service. In doing so, we are pleased to support the Financial Conduct Authority (formerly Financial Services Authority) initiative ‘Treating Customers Fairly’.

Our commitment to our customers

We will:

  • Provide you with clear information about the service we offer, including any fees or charges.
  • Continually aim to understand your business needs, preferences and circumstances in order for us to narrow down the selection of options that may be available to you.
  • Source the most appropriate lender that we consider suitable for your business, and that you can afford (based on the information provided and is available to us).
  • We will tell you if we cannot find an option we consider suitable.
  • Aim to keep you fully informed in a clear and fair manner that is unambiguous and not misleading.
  • Encourage you to ask questions, if there’s something that you do not understand.
  • Work hard to ensure that service and risk information remains clear and prominent at all times.
  • Provide you with details of our formal complaints procedure should you be dissatisfied with our service.

How you can help us

To help us give you the service that you require, we will ask you to:

  • Tell us as much as possible about your business income and outgoings, to enable us to properly assess how much your business can afford.
  • Let us know about future changes that might affect your business’ ability to make re-payments of your credit agreement (if known).
  • Let us know if there is any aspect of our service, or of a product/finance solution we have discussed that you don’t understand.
  • Tell us if you think there are ways we can improve our service.

Disclaimer: Compare My Loan LTD is a credit broker and as such we do not provide loans ourselves. We allow firms access to business finance, working directly with businesses and their trusted advisors. All finance and quotes are subject to status and income. Guarantees and Indemnities may be required. Compare My Loan LTD can introduce applicants to a number of providers based on the applicants’ circumstances and creditworthiness. Applicants must be over the age of 18. Compare My Loan LTD may or may not receive either a commission or finder’s fee for effecting such introductions. Terms and Conditions apply.

Compare My Loan Limited is authorised and regulated by the Financial Conduct Authority. Registration no. 742588. Data Protection Act License no. ZA175517.

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