Loan advisors advice?

Hey everyone, sorry if I couldn't find the right sub for this. So, here's the deal: I was contacted by some loan advisors. A woman called me up claiming they could hunt down the absolute best interest rates at various banks and get everything wrapped up super fast. All she needs from me is my Social Security number. Once they find a suitable lender, they’ll send over some paperwork that my employer needs to sign, then I send it back, and once the loan is approved, I just show up for the cash. Now I'm second-guessing everything—is it actually safe to hand over those kinds of details? Could someone totally exploit this? Sorry for the long-winded post. Thanks.

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I've had pretty good luck with advisors so far, but you really need to pick a firm with a solid track record and make sure they're actually SEC-registered.

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If they call themselves Aton, what am I supposed to be paying them in Commission? It’s a joke if they aren't even doing anything

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They’re fine, I guess. The catch is they’ll try to shove life insurance down your throat, but honestly, if you don't have any, it might actually be a decent move. That first premium is an annual hit taken straight from your loan, though you can always ask to switch to monthly payments later if that suits you better. You could cancel the coverage, but then you’re just throwing that first premium right out the window.

They pull their Commission from the banks and insurance companies.

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Some woman told me I’m on my own for the insurance now, though I haven't figured out the actual cost yet.

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