Personal loans for you, including secured loans and unsecured loans for homeowners and tenants

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Unsecured Loans Benefits

Unsecured Loans Definition: "A loan that is not secured by collateral. Since there is no collateral offered, the rate is typically higher to compensate the lender for the greater risk being assumed." (Source: Harbor Federal)

What is an unsecured loan? How do I get one and what should I look out for? A simple guide to answer all your unsecured loan questions.

Advantages

  • Borrow lower amounts (from £500)
  • Generally quicker than a secured loan
  • No equity release needed (less paperwork)
  • No fees (surveys etc)

Disadvantages:

  • Amounts limited to £25,000 (secured loans range to £200,000)
  • Generally higher interest rates
  • May be unavailable to those with very bad credit.

To apply for a no obligation free quote (no fees to pay should you wish to cancel) please select from one of the options below and fill out our unsecured loans application form in full.

Legal Statements:

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

All loans subject to status in the UK to home owners aged 18 and over and may be secured on property.

OUR TYPICAL, VARIABLE RATE IS 10.9% APR. RATES RANGE FROM 7.25% APR to 27.60% APR

Copyright © 2005 Credit For You.com - Secured loans and unsecured loans even with bad credit.