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Below you will see information on Unsecured Loans.



Despite its name, Unsecured Loans (also known as a personal loan) are in fact a safer loan for the borrower than a Secured loan. This is because the borrower does not need to put up a significant asset such as their home to secure the loan. Generally whether or not your loan is approved is decided by your credit rating. There are a number of companies that will loan you money even if you have a poor credit rating though generally you will find that the APR will be higher if you have a poor credit history.

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