UNSECURED LOANS
Unsecured loans are available for everyone
over 18 with a good credit rating , you do not unlike secured loans
need to secure your loan against your property , reposession is
therefore not an issue .
Typically , because they are of higher
risk to the lender they will be slightly more expensive to pay off
than secured loans
To compare loans like for like when getting
a quote ask the lender for the APR and compare
it with other lenders , this tells you how much it is going to cost
to repay the loan .
Unsecured loans include personal loans
, credit cards and bank account overdrafts .
Credit cards sometimes offer as much
as 6-12 months interest free credit so can be the cheapest way of
borrowing unsecured amounts , and agreed overdrafts can be low interest
, but make sure you have agreed with your bank manager , as they
have a habit of sticking on penalties for unauthorised overdrafts.
Where To Get An Unsecured Loan
You could use the search box at the top
of this page to find a unsecured lender , simply describe what
you need in the search box , example keyphrase might be "unsecured
loan"
|