Unsecured Loans

Between £250 - £15,000.

Unsecured loans are the most common type of loan as they do not use your home or any other asset you own as collateral. There is a massive choice of unsecured loans available, from high street lenders to the smaller ones you probably don’t know exist, the bigger, more common lenders on the high street generally have the best APR rates, but there acceptance criteria is usually fairly strict and they usually only lend to people with a good credit history that they know will have no late or missed repayments. If you have a pretty good credit history then a high street lender could be the best choice for you.

If your credit history is bad or adverse and suffers from CCJ’s and defaults then we can still find you an unsecured loan regardless of your circumstances. Many unsecured loans now have flexible repayments and some even have repayment holidays which can be beneficial.

Most unsecured loans can be used for any purpose. A holiday, car, home improvements, or even to consolidate your existing debts. Our unique online loan finding service can find you an unsecured loan between £250 and £15,000.

Unsecured Loans – Key information

With an unsecured personal loan the amount you can borrow will ultimately depend on a number of factors, such as your employment situation, your income and any out goings you have each month, you will also have to be over 18.

The unsecured loan can be used for any purpose, such as a new or used car, luxurious holiday, for education purposes, debt consolidation or home improvements.

The repayments can vary however most unsecured loans are generally taken out over one to five years. If you take the loan over a longer period of time it will help to keep the repayments down. However, you will pay more interest overall if you spread it over a longer period of time.

Many people use credit cards to pay for large purchases such as electric goods, jewellery, or even holidays. It is usually more sensible to get a loan for these types of purchases as the interest rates shall come down significantly.

Most unsecured loans have a fixed interest rate which will allow you to budget for your monthly outgoings.