Moneyfacts has appointed Loans Warehouse as its service provider for a new pre-approved loans service.

The new service 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.

It features a range of lenders, catering to a variety of borrowers and circumstances.

Michelle Monck, head of digital at Moneyfacts.co.uk, 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.”