UNSECURED LOANS - COMPARE PERSONAL LOANS ONLINE

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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, a personal loan is actually a safer loan for the borrower, although they are usually paid back over a shorter period than secured loan. Looking at the representative APR rate on personal loans is one way of measuring the value for money of unsecured loans although the rate displayed is not the rate you may actually get. As you are not required to put up an asset against the loan you will find that lenders will charge higher interest rates to compensate against this risk. It is important that you are aware that you can get both fixed rate personal loans (where the interest rate doesn't change) and variable rate personal loans which are linked to the bank base rate. Compare unsecured loans using the table below.

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

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

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.

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

Compare Unsecured Personal Loans

What is an unsecured loan?

Loans known as unsecured loans are so called because you do not have to offer an asset as collateral for the security of the loan. Overall this means that unsecured loans also known as personal loans carry less risk in comparison to secured loans. If you are applying for an unsecured loan whether or not you are accepted will largely be judged upon your credit history. You will need a good credit history to ensure that you are eligible for most unsecured loans. However, there are also a number of companies who can lend to you even if you have bad credit.

Unsecured loans do have risks

There are numerous unsecured loans available so take time to consider exactly what you are looking for. Assess exactly how much you need to borrow and keep it to a minimum as loans can end up being expensive. It is also important to work out exactly how much time you need to borrow the money for. Often, the shorter the period of time you borrow for the cheaper your loan will be.

Consider your loan carefully

Make sure that you read the terms and conditions of any loan which you are considering thoroughly. Unsecured loans are serious financial products and need to be considered carefully. If you default on an unsecured loan you will severely damage your credit rating and you may incur expensive penalty charges. It is often worth seeking expert financial advice before applying for a loan.

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