With an unsecured loan the borrower is not at risk of losing their home, should they find themselves in a situation where meeting the repayments of the loan is difficult. Many of the lenders we work with accept unsecured loan applications from people with bad credit or less than perfect credit history. Generally speaking an unsecured loan is available to home owners, non-home owners and tenants, with loans of between £1,000 to £25,000.
One other type of unsecured loan and only really suited for short term use and for amounts of less than £1,000 is a payday loan. These are processed a lot faster and generally speaking the cash loan could be in your bank account within 1 hour! For further information please view the payday loan section of our website.