Unsecured Personal Loans

If you do not own a home, then we can arrange an unsecured personal loan for you.

Unsecured personal loans can be used by tenants or other non-homeowners.
This type of loan is unsecured because the lender does not require any collateral against the loan amount.

Unsecured loans are useful if you want extra money for short term use on a family holiday, financing children education, consolidating small debts, upgrading your car, etc.

In fact, you can get an unsecured personal loan for anything of interest, providing it’s for something legal!

Where to find good Unsecured Personal Loans?

Vantage Group is the largest independent loan brokerage in the UK. They are the parent company of Loan.co.uk. This means through Loan.co.uk you can access the search power of Vantage Group because you will find unsecured personal loan rates and offers to suit your situation.

Vantage Group has a wide panel of lenders, and connections with various companies so that when you fill in the Get Quote form on this page your loan quote request will easily find it’s way to the best places in the UK to get your unsecured loan.

Unsecured Personal Loan Facts

Unsecured Personal Loans do not require collateral for approval.
Loan amounts for unsecured loans generally do not go above £25,000.
Unsecured Personal Loans generally have shorter repayment terms than secured loans.
The interest rates on these loans vary between 7 to 30%. This is usually fixed and cannot change over the loan term. The rate will depend on your loan term and also on your credit history.
Unsecured Loans require lesser paperwork and documentation and approval happens easier and faster than for secured loans.
Poor credit history makes it more difficult to get unsecured loans, but we might still be able to help.

Unsecured Personal Loans have many benefits. However, unsecured lenders like us are put in a high-risk position. We compensate for this uncertain risk by charging higher interest rates than for secured loans and often by giving shorter loan terms.

By doing this we can try to regain as much of the principal amount as possible in the least possible time – getting our money back as quickly as possible, yet still giving you the money you need, when you need it.

If it is a possibility for you, then a secured loan may provide you a lower interest rate.

Defaulting on loan payments, even unsecured loan payments, will have a very bad impact on your credit rating. At Loan.co.uk we help you find an appropriate lender, at appropriate terms, for whatever your circumstances.

Use the Get Quote form on this page and we will come back to you with options for an unsecured personal loan by searching the market on your behalf.

Loan.co.uk > Personal Loan