This is Money reviews LiveLend - Chetwood Financial’s game changing dynamic loan
This is Money, the UK’s most trusted provider of consumer financial advice, has reviewed Chetwood Financial’s dynamic loan, LiveLend, praising its ability to make borrowing fairer, faster and simpler those currently underserved by the loans market.
This is Money calls out LiveLend's signature feature of decreasing customers’ loan rate as their credit score improves, providing people who might still be approved by a high street lender, but who would be offered a rate much higher than advertised, with a fairer alternative.
With technological advances bringing benefits that weren't previously possible elsewhere in the financial sector, LiveLend provides new benefits to customers, such as not charging you a fee to repay your loan earlier, soft searches and no late payment fees. The ability to get a decision on your loan in under two minutes is another example of technology being used effectively
In the review, Jon Ostler, chief executive of comparison site Finder also praises LiveLend’s fast and fair service, asking ‘why can't this be the case for all loans?’