Personal Loans

There is a large variety of personal loans available for UK residents in today's loans market. Whether you're a homeowner or tenant, and whatever your credit status, we can find a personal loans quote to match your request.

With so many lenders offering a huge number of different personal loans, where do you start?

You could try your high street bank? But they tend to offer only a fixed number of personal loans, and don't cater for anyone who has a slightly blemished credit record.

So what does the internet have to offer?

Brokers like us have access to the same leading lenders and major banks, but we also look after the personal loans needs of people with bad credit, and use smaller lenders who can offer lower rates due to lower overheads.

Different Types Of Personal Loans

Primarily there are two main types of loan available; Secured personal loans, and unsecured personal loans. Varients of these exist, but you can either secure your loan on an object (usually your home) hence the name secured personal loan; or you can opt for not having your loan secured on anything.

What are the differences?

It is fairly straight forward. With a secured personal loan you can borrow more, normally enjoy lower APR rates, and you can afford to have a more tarnished credit history without refusal from lenders.

Unsecured personal loans on the other hand present more risk to a lender. To account for this, the borrowing limits are lower, APR usually higher to make up for the extra 'risk' and you need to have a good clear credit history with a majority of the lenders.

So how can we help?

We can help you choose the best suited personal loans should you be undecided, and we will find the lowest loans quote available to you from our leading panel or personal loans lenders. Apply here for a free no obligation personal loans quote.