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New loan comparison website thelendingwizard.com launches to help consumers find “true rates”

thelendingwizard.com - a free, simple and efficient online consumer tool to compare loans and accurately compare loan rates has gone live. The website will offer instant decisions on personal loans, secured loans and unsecured loans.

The service offers bespoke and typical rates in real time and allows customers to apply for quoted rates on personal loans, secured loans and unsecured loans without having to complete a separate loan application. Rates are determined by combining data provided by the customers themselves, credit history information and criteria supplied by lending partners so the site can therefore compare true loan rates on behalf of the borrower rather than just advertised rates. This makes thelendingwizard.com the only loan comparison site where you will see the actual interest rates you will be paying before you apply an approach that helps to preserve a borrower’s credit score.

Olivier Beau Lomenie, MD, thelendingwizard.com says:
“We are extremely excited to bring a genuinely unique loan comparison proposition to market. Our panel of UK lenders and the innovative way we compare loans and compare loan rates on behalf of borrowers ensures a better deal in the end for all consumers who decide to use thelendingwizard.com. We are safeguarding the best interest of the borrower throughout the entire process and we believe that this will set us apart from other players in the market.”

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Notes for Editors:

For more information, to arrange an interview or photograph, contact:
Chris Tuite
Rostrum Communications
0207 392 2632
07789 202 494
chris@rostrumpr.com

About The Lending Wizard
The Lending Wizard is a free, simple and efficient on-line consumer tool to search and apply for personal loans. TLW gives bespoke and typical rates in real time and allows customers to apply for quoted rates without having to fill a separate application. Rates are determined by combining data provided by the customers themselves, credit history information and criteria supplied by our lending partners.  TLW has partnered with some of the most recognized and established lenders in the UK market (HBOS, GE, Lloyds-TSB, The Cooperative Bank, etc...) to build a "whole of market" panel and develop a unique platform that determines in real time the most appropriate credit option for a specific borrower profile. Based in London, the company was formed in 2007 and is part of the European Financial Solutions group.
www.thelendingwizard.com