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How can a social-media loan advert be checked?

Save the advert and identify the entity it directs you to before sharing financial information.

A low rate or enthusiastic comment does not verify the provider or define an individual offer.

Use independent official channels to check authorization and actual terms. Treat the ad as a claim to investigate, with its date and conditions retained for comparison.

Open the loan comparison guides

Definitions

Total repayable
Sum payable under the stated schedule and its assumptions; contingent charges and changes must be considered separately.
Amount received
Money actually made available to the borrower, which can differ from the stated loan amount if a charge is deducted.

Sources