PERSONAL LOANS - COMPARE PERSONAL LOANS ONLINE

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Ever since the financial crisis it has been increasingly difficult for people in the UK to borrow money. If you do not have a good credit rating then the banks are unlikely to lend to you. However, there are a variety of loans available from different lending establishments. Personal loans are more often than not unsecured loans. The amount of money you can vary with a personal loan varies and your credit rating is likely to dictate the level of interest you will need to pay on a personal loan. If you are sure that a personal loan is what you are looking for then it is worth shopping around to try and find the cheapest deal. On Which Way to Pay we compare different personal loans and display points of interest such as APR so that you can work out which loan will best suit your circumstances. When applying for personal loans please read the terms and conditions of the loan companies providing the loan to make sure that you fully understand your financial obligations.

Search Report: Personal Loans  Unsecured Loans  Secured Loans  Wedding Loans

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate.

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

Pounds to Pocket
Pounds to Pocket

Broker277.5%
Representative Example

Representative Example

Representative Example: Amount of credit: £700 for 12 months at £111.27 per month. Total repayment of £1335.24. Interest: £635.24. Interest rate: 140% pa (fixed). 277.5% APR Representative.

£200.00 - £2,000.006 Months12 MonthsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: £125
Extention:

Identification

Identification

Suitable For

Suitable For

Those that need financial support

Restrictions

Restrictions

In most cases loan decisions may take up to 30 minutes. If your bank does not support Faster Payments, funds will be sent to your account the same day as approval so long as you’re approved by 14:30

Pounds to Pocket
Pounds to Pocket help you to repair your home or cover the cost of an unexpected surprise by offering you a loan with a repayment structure to help you get back on track. Complete an online application form and if approved you could have the funds sent directly to you bank account in 10 minutes. DETAIL INFORMATION >>Terms

Terms

1. You must have a valid bank account
2. You must receive an income through employment or self-employment
3. You mus be a resident of the United Kingdom
4. You must be at least 18 years old


Advantages

Advantages

1. Apply for up to £2,000†
2. Repay between 6 and 12 months
3. No annual fee
4. No draw fee
5. No early repayment fee
6. No application fee
7. No fast funding fee


Disadvantages

Disadvantages

1. Late repayment can cause you serious money problems

2. Interest will continue to accrue on the outstanding principal at the same rate as your contractual interest rate, starting the next calendar day after your repayment date
3. Your bank may charge a Non-Sufficient Fund (NSF) fee if they debit your bank account and you have insufficient funds

First Choice Capital Resources
First Choice Capital Resources

Broker53%
Representative Example

Representative Example

At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.

£100.00 - £2,500.001 month24 monthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention: Not permitted

Identification

Identification

Personal and financial information

Suitable For

Suitable For

All types of borrowers - even those with bad credit history, and CCJs

Restrictions

Restrictions

See website for restrictions

First Choice Capital Resources
Apply online for unsecured loans with First Choice Capital Resources and you can borrow up to £2,500. First Choice Capital Resources matches you with the right products and services based on your profile. To apply, simply complete your online profile and you could receive cash even if you have been refused elsewhere. Before you apply for an unsecured loan consider your options and please make sure that you read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works. DETAIL INFORMATION >>Terms

Terms

Some lenders consider the existence of an active credit and/or debit account as part of their decision making process


Advantages

Advantages

1. Unsecured instalment loans with payment terms up to 24 months
2. Auto Loans
3. Help with existing debt problems
4. Mortgage relief
5. Flexible payments


Disadvantages

Disadvantages

1. Some lenders consider the existence of an active credit and/or debit account as part of their decision making process
2. Unsecured Cash Loan installment offer may take up to 2 weeks to process
3. Maximum borrowing is £2,500

Solution Unsecured Loans
Solution Unsecured Loans

Broker53.8%
Representative Example

Representative Example

Total Amount of Credit: £2,500; Representative APR: 53.8%; Total Charge of Credit: £2035.70; Total Amount Payable: £4535.70

£500.00 - £7,500.0012 Months60 MonthsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable:
Extention: Not permitted

Identification

Identification

Initially residential and personal details

Suitable For

Suitable For

Restrictions

Restrictions

You must be 18 years or older in order to be eligible for this loan

Solution Unsecured Loans
Apply online and receive an immediate decision on your application with Solution Loans. There are no upfront fees and you can enquire at no cost and at no risk. Even if you have been refused by other lenders Solution Loans has helped a wide range of people to get a loan. Before you apply for an unsecured loan consider your options and please make sure that you read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works. DETAIL INFORMATION >>Terms

Terms

You must be 18 or over in order to be eligible


Advantages

Advantages

1. No Credit Check required
2. Multiple Loan Options
3. No Enquiry Fees
4. Poor Credit Specialists
5. Repay Early with No Penalties
6. Fast Track Cash in 48 Hours
7. Great Follow Up Service


Disadvantages

Disadvantages

1. You cannot be bankrupt or in an IVA

Loan Super Store
Loan Super Store

Broker5778.16%
Representative Example

Representative Example

Ask lender

up to £ 2.500VariousVariousFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable: Depending on lender
Extention: Depending on lender

Identification

Identification

Personal details

Suitable For

Suitable For

Not suitable for long term loans

Restrictions

Restrictions

No long term loans

Loan Super Store
Enter your requirements into an easy online form and just a little later your approval will be sent to you. Any unexpected expenses? Here is your solution! Your cash will be transfered to yout bank account quickly and securely! DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.Fast approval 

2.All credit types considered 
3.Easy application


Disadvantages

Disadvantages

Detailed info not available on website

Freedom Finance
Freedom Finance

Broker15.9%
Representative Example

Representative Example

If you borrow £15,000 over 4 years at a Representative APR of 15.9% and an annual rate of 15.9% APR (fixed) you would pay £416.29 per month. Total charge for credit will be £4,981.92. Total amount repayable is £19,981.92.

variesDepends on lenderDepends on lenderFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable: £19,981.92
Extention: Ask on application

Identification

Identification

Personal details, details on home ownership

Suitable For

Suitable For

Home owners

Restrictions

Restrictions

Only for home owners

Freedom Finance
Freedom Finance offers customers the best loan possible for their personal circumstances without adversely affecting their credit rating. Typically other loan companies promote the lowest rates and encourage customers to make applications for loans they may not to get. This can adversely affect a customer's credit rating as a result of being declined. Freedom Finance has pioneered soft search technology which enables them to determine which loans a customer is accepted for and the best rate they are can achieve. This allows customers to have access to a wide variety of loan products without worrying about multiple applications and rejections which negatively impacts their credit score. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.Easy and fast process 

2.Large choice of lenders available 
3.Low rates


Disadvantages

Disadvantages

Not much info available before quote

Mortgage Simplicity
Mortgage Simplicity

BrokerN/A
Representative Example

Representative Example

Ask on application

£999,999+variousvariousFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: Depends on kind of mortgage
Extention: Ask on application

Identification

Identification

Initially personal details

Suitable For

Suitable For

Any kind of home buyers

Restrictions

Restrictions

Ask on application

Mortgage Simplicity
We are an independent Whole of Market Mortgage and Insurance Broker. We are Telephone and Web based and cover the whole of the UK Mortgage Market. We offer advice and recommendation on all types of Mortgages, Remortgages, Buy to Let, Commercial Loans, Secured Loans, shared equity, Help to Buy, Shared Ownership, Life Assurance, Critical Illness Insurance, Income Protection, Mortgage Protection Insurance, Home and Contents Insurance. We have access to all lenders and exclusive deals you won't find on the High Street and We don't charge a fee for Mortgage Or Insurance Advice and you can contact us online or over the phone 7 days a week from 8am to 8pm. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1. No obligation advice 

2. Many lenders 
3. Years of experience


Disadvantages

Disadvantages

Details only by request

Avant Loans
Avant Loans

Broker48.5%
Representative Example

Representative Example

n/a

£1,000.00 - £20,000.0012 months36 monthsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: Ask on application
Extention:

Identification

Identification

Address, valid ID

Suitable For

Suitable For

Unsecured Loan

Restrictions

Restrictions

Ask on application

Avant Loans
AvantCredit offers online unsecured personal loans of £1000 to £20,000 from 12 - 60 months with fixed monthly payments. AvantCredit understands that people have a less than perfect credit history, but they shouldn't have to settle for expensive payday loan credit options. A guarantor is not required and you don't need to be a homeowner. AvantCredit does not charge any fee for repaying the loan early. AvantCredit wants to help you improve your credit too! AvantCredit will report back to credit reference agencies each month showing your loan repayments. As payments are made on time it will help rebuild your credit profile. Fast funding with same day approval, often within 4 hours of submitting the easy 3 step online application. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.Fast Approval 

2.Funds Direct Deposited 
3.Build Your Credit With On-time Payments 
4. 9/10 Would Recommend


Disadvantages

Disadvantages

Sums not over £20,000

B2B Mortgages
B2B Mortgages

Broker2.25%
Representative Example

Representative Example

Loan amount £500,000, rate 2.25%,10 years,Interest Only £937.5 pcm, Full Repayment £4,657 pcm

£50,000.00 - £40,000,000.005 years30 yearsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: £4657 pcm
Extention: Ask on application

Identification

Identification

Personal and property details

Suitable For

Suitable For

Commercial properties

Restrictions

Restrictions

B2B Mortgages
B2B mortgages are specialists in sourcing Commercial Mortgages for sole traders, partnerships, limited companies and investors. They search all lenders available for the lowest possible rates. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.No Broker fee 

2.Whole of UK Market access


Disadvantages

Disadvantages

Fix My Finances
Fix My Finances

Broker49.9%
Representative Example

Representative Example

Representative Example: Borrow £4000 for 36 months, Repay £195.16 p.m, Total repayable £7025.76. Interest rate 49.9% (variable).

£100.00 - £25,000.001 Month5 YearsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: No
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable:
Extention:

Identification

Identification

To apply you will need your bank account number and sort code and how often you are paid.

Suitable For

Suitable For

At FixMyFinances.co.uk, they accept personal loan applications from people with credit scores ranging from excellent to poor.

Restrictions

Restrictions

To qualify with one of their lenders you must be 18 or over, live in the United Kingdom and have a regular income.

Fix My Finances
The application process is super simple and super safe. There is no–obligation and Fix My Finances do not charge any upfront fees for loans. If you want to apply quickly and easily for a Loan for any purpose just simply complete the simple online application form. DETAIL INFORMATION >>Terms

Terms

Their lenders and brokers can even help people with CCJs & Defaults, rest assured EVERY case is considered!


Advantages

Advantages

1. Instant Decision
2. Loans up to £25,000
3. No Advance "Broker Fees"
4. All Credit Types Welcome
5. Any Purpose Loans
6. Secure Site


Disadvantages

Disadvantages

1. Fix My Finances is a licensed Credit Broker and not a Lender - ensure you check the APR you are given and read the terms and conditions carefully.

Your Home Loan Solutions
Your Home Loan Solutions

Broker4.7%
Representative Example

Representative Example

Ask Lender

£1,000.00 - £750,000.001 Year25 YearsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention:

Identification

Identification

Initially personal details and Loan requirements

Suitable For

Suitable For

Those that need a secured loan

Restrictions

Restrictions

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Your Home Loan Solutions
Your Home Loan Solutions help you to find your perfect secured homeowner loan in minutes. They can offer a 4.7% APR - even if you don’t qualify for the best rates, their aim if to get you as close as possible and always ensure that it is affordable. Using Your Home Loans doesn’t mean you have to take a loan out – you can get a secured loan quote and take no action. DETAIL INFORMATION >>Terms

Terms

Loans may be secured on your home. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.


Advantages

Advantages

1. No obligation quotation. 
2. Receive your results in minutes
3. Rates from 4.9% APR
4. Receive free, expert comparison
5. Borrow from £5,000 to £750,000


Disadvantages

Disadvantages

1. You may not qualify for the headlining APR

2. The typical rate is 13.8% APR variable.
3. A broker fee of up to 12.5% will be added to secured loans.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Personal Loans

Finding personal loans for your circumstances

Although it has become increasingly difficult to borrow money there are still options available. However, if it is not absolutely necessary to borrow money then you might be wise to avoid debt where you can. If it is absolutely necessary for you to borrow money then a personal loan may be worth looking into. Personal loans are for the most part unsecured loans which means that you don’t have to use an asset such as your home to secure the loan.

What are personal loans

‘Personal loan’ is an umbrella term covering loans from bank loans to other loans which are available to people with bad credit. Personal loans from the banks are probably the most common form of personal loan. However, there are personal loans available for people with bad credit as well. On this site we compare, secured loans, unsecured loans, payday loans, bad credit loans and many more.

There are alternative options to personal loans

If you are looking for credit a personal loan isn’t necessarily your best option. You may be better off looking into an authorised overdraft or it may even be better to get yourself a credit card. Of course these options are only going to be available to you if you have a good credit history. If a personal loan is your only option there are a few things you can do to keep costs down. Some people argue that you are better off borrowing more money as the interest charged for larger sums is often less than on smaller amounts of money.

Keep your costs down if you can

However, realistically the less money you borrow with a personal loan the less you will need to pay back. Work out exactly how much money you need to borrow and keep it to a minimum. Then look around for the best rates on personal loans. Work out what your interest payments will be and how much you will have to pay back each month.

Make sure that you can make loan repayments on time

Make sure you can afford the payments because if you can’t it is not worth borrowing. You will damage your credit rating and potentially face expensive fees and charges if the loan cannot be repaid. It is very important that you read the terms and condition of any loan you are interested in carefully to ensure that you fully understand your financial obligations.

Check you are able to repay the loan

Before you apply for a loan you must ensure that you will be able to repay the loan. If you default on your monthly repayments, you could find that you are in deep water and in a worse financial situation than when you started. Always check the terms and conditions so you are fully aware of any fees and charges that you might incur. If you are in any doubt then you should seek independent financial advice.

PERSONAL LOANS - LATEST NEWS News and Charts

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13 December 2013
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With hundreds of loans available it can be difficult to find the loan which suits one's individual needs best. There are so many details to consider that it usually is quite a hassle until one finally finds the right solution. This is why one should leave it to the professionals

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Cash urgently needed? A payday loan could save your day

26 March 2013
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People with a bad credit score usually find it difficult to be accepted for a loan. But what happens if an unexpected financial emergency needs to be fixed

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Protect Yourself Against Financial Loss

16 June 2011
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Do you ever worry out managing your finances in the event of personal injury, illness or redundancy? What would you do if, due to circumstances beyond your control, you could no longer afford to cover your loan or debt repayments?

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Complaints Over PPI Reach Record Highs

14 February 2011
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Complaints from customers over the much-debated PPI (payment protection insurance) have reached record highs according to latest figures.

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What’s the Deal with APR?

10 February 2011
Which Way To Pay

If you have been on the lookout for a personal loan or credit card via Which Way To Pay, you might have noticed that there is a change in the way that APR is listed. What exactly is going on?

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