Principles of fair loan comparison

We at Sortter want to make the comparison of loans as easy and simple as possible. Taking a loan is often a long-term commitment and no loan should be taken without comparing the alternatives, especially on the basis of comparisons made with incorrect facts. Only comparison made in the customer’s interest will bring savings in loan costs.

We want to operate transparently, which is why we have written down our principles that we operate by. We operate fairly and transparently with the consumer’s interests in mind.

Principles of fair loan comparison
Loan offers are always personal

Loan offers are always personal

The only way to compare loans reliably is to apply for a personal loan offer. Comparing loans purely on the basis of starting prices will not guarantee the cheapest loan. The prices and loan terms offered by loan providers differ from each other, and from customer to customer. The loan provider will make a loan decision on the basis of an assessment on the loan applicant’s ability to repay the loan. As Sortter performs a loan comparison, there will be an assessment on whether the loan provider’s term regarding the applicant are met. If the criteria are not met, we will not submit the application further. This means that the consumer will not be offered a loan they are unable to pay back. This way loan providers will not have to do any unnecessary work either. We want to be honest and open towards consumers and credit providers.

We always recommend the cheapest loan

We always recommend the cheapest loan

We will not recommend offers that will serve the benefit of someone else other than you. We present the offers truthfully and in a format that they are easy to understand and compare. Loan offers presented clearly and in a way that they are easy to compare will not lead consumers astray, but will help them to select what is the cheapest alternative for them. We list the loan offers you have received always with the cheapest at the top, and recommend the loan offer that is cheapest to you. We act impartially with the consumer’s interest in mind.

We show all the details in the offers

We show all the details in the offers

Small print and money matters do not go together. The price of a loan is largely dependent on the interest. The comparison shows the interest rate, account management fee, opening fee, handling fee, monthly fee, account management fee and invoicing fee. When comparing loans, you should use the annual percentage rate, because it contains all the above loan costs. We present all loan costs and other important terms in one clear list. This makes comparing the offers as easy as possible.

We are open about our partners

We are open about our partners

We operate only with reliable partners – without any middlemen. We tell you openly who we cooperate with, so that you, as a user of our service, will not have to worry who has access to your application details. Our service presents not only your loan offers but also the loan providers who did not make an offer on the basis of your application.

We guarantee the best possible interest

We guarantee the best possible interest

We make sure that you will get loan offer that are as cheap as possible. Loan interest rates and terms may change quickly, making it difficult to compare loans. We want to make sure that you always get the best offers. If we fail to do this for some reason and you find a cheaper loan under the same terms more cheaply elsewhere, we will refund the difference according to our Best Interest Rate guarantee. 

Marketing

Marketing

We respect your wishes and ask you whether you want to receive marketing messages. You have the right to refuse any marketing messages from us. You can cancel all marketing messages easily, and as a result we are obliged to remove all your data from our registers. We conform carefully with GDPR. We will never sell or hand over your data for anything except for the purposes of providing our services.

We will keep your data safe

We will keep your data safe

Our service operates in an encrypted environment and conforms with the highest data security standards. We follow closely developments in data security to ensure that our systems are up to date and in conformance with laws and regulations. We consider it a privilege to have you as our customer and guarantee in turn that you can use our service without any concerns.  

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