Sat, 04 Feb, 2012

UNSECURED LOANS

Unsecured Loans-

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Getting an Unsecured Loan in the UK

An unsecured loan is not guaranteed by any collateral, so the applicant must have a positive credit record and financial situation. Usually you can use your loan for almost any reason ( some lenders may have restrictions ). Loan amounts can range widely.

 

Companies that issue unsecured loans generally require:

  • A positive credit history
  • Your income is such as that your payments would not be a burden to you
  • You have previous good credit references

 

If you feel that your credit situation might prevent you from eligibility, you can apply for a secured loan instead.

 

We can assure you that you will get the fastest, and best deal on the market. Our partners are fully trained professionals and are dedicated to helping individuals and families reach their financial goals.

 

We can help you select from dozens of loan offers available nationwide. This will ensure you obtain the very best value offer available to suit your individual requirements.


 

 

 

LenderIllustrative APRMonthly PaymentCredit CostTotal Amount Repayable
Zopa 7.9%
169.67 1,144 8,144
Representative example: The figures above are what you would pay if you borrowed £7,000 over 4 years at a Representative APR of 7.9% fixed, a £130 arrangement fee and an annual interest rate of 6.6%.
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