Unsecured Loans

Unsecured loans let you borrow money without needing to put up any possessions or property as security for the loan. This makes it accessible to people who don’t own their own home (students and tenants, for example). Bank overdrafts, as well as credit and store cards are a popular form of unsecured loans.

Interests rates for unsecured loans are usually between 6% to 19%, with amounts up to £25,000, depending on your circumstances and current interest rates. Interest rates are generally lower the more you borrow, just as in secured loans.

All loan applications go through a credit scoring system based on the results of your credit check. Each lender has their own criteria. Your credit score takes into account factors such as your repayment history with credit cards and previous loans and your employment history. Unsecured loan applications are usually processed much more quickly than secured loan applications.

Click on the links below to find a basic description about the most popular types of loans available in the UK.

Unsecured Loans
Secured Loans
Home Equity Loans
Home Loans
Debt Consolidation Loans
Bad Credit Loans
Business Loans
Tenant Loans
Student Loans
Car Loans