UNSECURED PERSONAL LOANS Download to Excel 
An unsecured loan, otherwise known as a personal loan, is a loan which is lent to a borrower without the individual having to put up a significant asset such as a property as collateral against the loan. Thus, despite the name, it is actually a safer loan for the borrower, although it is less easy to obtain and usually paid back over a shorter period than an unsecured loan. Generally the loan is approved on the basis of the borrower's credit rating.
Click to see Bad Credit Loans for people with poor credit rating
APR is a good way of measuring the value for money of a loan as this will relates to the annual interest rate you will be paying; though be aware that you can get both fixed rates (where the interest rate doesn't change) and variable rates which are linked to the bank base rate.
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PROVIDER  | APR | MINIMUM TERM | MAXIMUM TERM | MINIMUM ADVANCE | MAXIMUM ADVANCE | SECURED HOME LOAN | SUITABLE FOR | APPLY |
Wentworth Direct Finance Loan | 15.2% | 12 Months | 60 Months | £1,000.00 | £15,000.00 | No | All borrowers - even with bad credit history, been refused elsewhere, been blacklisted or have CCJs. |  |
| Wentworth Direct offer a no-frills service. If you've been refused credit from other lenders, are a problem case, have been blacklisted, or have CCJs or defaults against your name, you are still eligible for a loan. Borrow from £1,000 to £15,000 and fill out the online no-obligation application form. Type in the amount you want to borrow, the length of time you would like to repay the loan, and your current employment details (are you currently working, monthly income after tax etc). MORE INFORMATION >> | ||||||||
Loans Page | 10.9% | On application | On application | £5,000.00 | £75,000.00 | Yes | Anyone looking for a loan, regardless of credit history. Both tenants and homeowners - even if you have been declined elsewhere, had CCJ’s or have been blacklisted of have a bad or no credit history. | |
| Fill out Loanpage.co.uk's no-fee online loan application form, and within 60 seconds they'll have financiers reviewing your loan, and finding you an appropriate lender. Choose from the best loan deals tailored for you - with no obligation to proceed. Poor/bad credit rating applicants are welcome - just choose your likely credit rating on the application form. (please note variable APR refers to all loans offered, not just bad credit loans - the APR is likely to be higher if you have bad credit.) MORE INFORMATION >> | ||||||||
Nationwide Personal Loan | 7.7% | 1 year | 7 years | £7,500.00 | £25,000.00 | No | Those with a good credit rating. | |
| Loans are available from £1,000 to £25,000 in £50 multiples at the typical APR rate of 7.9%. Repayment period is between 1 and 7 years. 7.7% APR applies to new Nationwide personal loan customers only. New customers welcome. Please note: 7.7% APR typical on loans of £5,000 to £14,999 for up to 5 years for FlexAccount (debit card) customers. MORE INFORMATION >> | ||||||||
Barclays Bank Barclay Loan Plus | 10.9% | 2 Years | 5 Years | £7,500.00 | £25,000.00 | No | Barclays account holders for 12 or more months, a good credit history and be paid at least £1,000 into your account each month. | |
| Once agreed the interest rate is fixed for the life of your loan. First monthly repayment is due two months after the date the loan has been opened. Loans are available between two and five years (24, 30, 36, 48 or 60 monthly repayments.) Loans are available from £7,500 to £25,000 in multiples of £100.You have to have held a Barclays current account for over 12 months to apply. MORE INFORMATION >> | ||||||||
Loan Finder | 23.1% | On application | On application | £200.00 | £15,000.00 | No | People with poor credit history will be considered | |
| Loanfinder offers a range of financial solutions for people who are unable or unwilling to deal with the often inflexible terms of major banks and finance companies. From their head office in Bournemouth theym provide unsecured personal loans for people refused elsewhere. MORE INFORMATION >> | ||||||||
Save Simply | N/A | 12 Months | 25 years | £5,000.00 | £25,000.00 | No | Employed, retired, self employed or unemployed borrowers | |
| Save Simply approve all applications, no matter what your previous circumstances. If you are employed, retired, self employed or even unemployed you could borrow £500 - £25,000 over a range of time periods. MORE INFORMATION >> | ||||||||
Zopa Loans | 8.3% | Less than a month | 5 Years | £1,000.00 | £15,000.00 | No | People with a good credit rating. | |
| Zopa is a lending and borrowing exchange, where real individual people sidestep the banks and their markup to get a better deal. Contracts are essentially between individual parties -similar in a way like Betfair for lending. It's where lenders can make a better rate of interest than banks, and borrowers can enjoy a low APR. Please note that you will need a very good credit history to get a loan MORE INFORMATION >> | ||||||||
Halifax | 7.7% | One year | Seven years | £1,000.00 | £13,000.00 | No | Those with a good credit history: will not be accepted if have a history of bad credit such as arrears, county court judgements (CCJs), default or bankruptcy. | |
| With Halifax, benefit from features such as no repayments for the first three months of your loan term, and the security of knowing that the monthy re-payment will never vary. MORE INFORMATION >> | ||||||||
CUS4 Loans | N/A | 12 Months | 60 Months | N/A | N/A | No | All types of borrowers - even those with bad credit history, CCJs, arrears, self employed | |
| CUS4 Loans can help you to find a lender for a range of loans including unsecured loans. No matter what your previous circumstances or credit past, your application will be considered. MORE INFORMATION >> | ||||||||
Bank of Scotland | 7.7% | One Year | Seven Years | £1,000.00 | £13,000.00 | No | Those with a good credit history: will not be accepted if have a history of bad credit such as arrears, county court judgements (CCJs), default or bankruptcy. | |
| Get a Bank of Scotland personal loan at a great rate. Apply online for an instant decision and you could have your cheque in just 24 hours. Plus you don't have to make any monthly loan repayments for the first three months. MORE INFORMATION >> | ||||||||
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