launches pre-approved loans service | will never contact you by phone to sell you any financial product. Any calls like this are not from Moneyfacts. Emails sent by will always be from Be Scamsmart.

ARCHIVED ARTICLE This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Michelle Monck

Michelle Monck

Consumer Finance Expert
Published: 03/10/2019 has appointed Loans Warehouse as its service provider for a new pre-approved loans service. The service, which launched yesterday, allows users to enter their personal details and immediately see specifically which lenders they are eligible to apply with – all without impacting their credit score.

The new service features a range of lenders, all of whom can meet the needs of a variety of borrowers and circumstances.

Michelle Monck, head of digital at, said: “This new loan service gives our site visitors the chance to complete an easy application process and immediately see which lenders would accept their application. This will save our visitors time in searching for a loan and prevent their credit score from becoming adversely affected due to multiple loan applications. “

“We chose Loans Warehouse to provide this service due to its high levels of customer service and years of experience in helping borrowers find the right lending product for their needs.”

Matt Tristram, founder of Loans Warehouse, added: “We are delighted to have been chosen to support a brand as respected as Moneyfacts. It’s a great endorsement of what we are trying to achieve in the personal loan space with the right balance of technology and customer service.”

What is a pre-approved loan?

A pre-approved loan means a lender has offered you a loan, pending full approval. They will have completed some checks to establish you are eligible for a loan but not gone as far as a full credit score. This protects your credit score as you don’t need to make multiple applications to check which lenders will consider your loan application.

However, you should note that pre-approval is not a guarantee that you will be offered the loan. The lender carries out further checks and it is possible that your application could fail on these or if the information supplied for pre- approval is incorrect.

Find out more about pre-approved loans.


Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time. Links to third parties on this page are paid for by the third party. You can find out more about the individual products by visiting their site. will receive a small payment if you use their services after you click through to their site. All information is subject to change without notice. Please check all terms before making any decisions. This information is intended solely to provide guidance and is not financial advice. Moneyfacts will not be liable for any loss arising from your use or reliance on this information. If you are in any doubt, Moneyfacts recommends you obtain independent financial advice.

business man and woman shaking hands

Cookies will, like most other websites, place cookies onto your device. This includes tracking cookies.

I accept. Read our Cookie Policy