Unsecured Loans

What is an unsecured loan?

An unsecured loan is a loan which is not secured against your property. This makes an unsecured loan an ideal option for tenants or younger people who still live with their parents. It is also an ideal solution for homeowners who do not want to put their property at risk.

Unsecured loans are also usually processed alot quicker than secured loans.

The downside of an unsecured loan is that the interest rate or APR tends to be higher than a secured loan because the lenders do not have the same security of the loan being repaid.

Who can apply for an unsecured loan?

If you are over eighteen years of age and earn more than £650 per month  (including tax credits) then you can apply.

We do not accept applications from the unemployed.

What if I have a bad credit history?

You can still apply for an unsecured personal loan even if you have a poor credit history (including CCJs etc). We welcome applications from anybody who meets the above criteria whatever your credit background.