At UK Guaranteed Unsecured Loansour brokers make the whole loan finding service as
simple as possible, providing you with easy to get unsecured loans for any purpose. And even if you have bad credit our loan brokers can still help you get a loan – within specific criteria.
When searching for cheap unsecured loans online you will be faced with lots of websites and lenders offering different types of
loans with different rates of interest. We try and make the loan finding process a whole lot easier. All you have to do is complete 1 short application form and let our loan brokers do all the searching through a large range of loan plans, and they can also help even if you need a bad credit unsecured loan.
With a large selection of loan plans to choose from you can apply for guaranteed unsecured loans for any purpose, whether you’re a homeowner or tenant. The amount you can borrow will be based on a number of factors but in principle our loan brokers can guarantee to find you an unsecured loan between £250 – £25,000.
If you’re looking for quick and easy loans then you can take advantage of our loan finder service and save yourself hours of searching for unsecured loans online. It can also save you money as with more loan plans to choose from it is easier to find you a guaranteed unsecured loan to suit your finances.
How do Unsecured Loans Work?
These types of loans are very straightforward in that you do not need to use any ‘security’ for the loan. So they are the complete opposite to Secured Loans where loan applicants must use their property as ‘security’ for the loan.
However, the non-secuirty aspect of unsecured loans menas that you will end up:
a) paying a higher interest rate, on avergae.
b) only having up to £25,000 as the maximum you can borrow.
So although there are certain limitations to an unsecured loan but if you are a tenant for example, then you have no choice as you don’t have a house for security. And although unsecured loans may have a higher interest rate than secured loans (if you need this type of loan the view site here for more details.), at least the interest is not as high as other high interest, short term loans, such as Payday Loans.
Unsecured Loans News:
BBC News. Consumers debt caution continues says BBA. BBC News. UK consumers continued their cautious approach to debt in March as demand for home loans and unsecured credit remained weak banks have said. The number of home loans approved for house purchases was below the recent average the British Bankers Demand for borrowing still weakThe Press Association. Mortgage approvals fall in March outlook weakTelegraph.co.uk. UK Business Lending Shrinks By GBP3 Billion In March BBA4-traders. ShareCast. all 20 news articles.…