Representative 277.5% APR
Representative Example: Borrow £700 and pay £111.27 per month for 12 months at an interest rate of 140% per annum (fixed).
The total charge for credit is £635.24 The total amount repayable is £1335.24. Representative 277.5% APR (variable). Your APR rate will be based on your circumstances.
Rates from 45.3% APR to 1575% APR – we provide a no obligation quote, your APR will be based on your personal circumstances. You can choose a repayment period from 3-18 months when make your application.
Advantages of Unsecured Loans
Unsecured loans are loans that are offered to people without the need for collateral. What this means is that you don’t need to put the loan against your house or car or any other asset. This is great for those that do not have these assets or do not wish to have any risk of losing them. You will have to, however, be able to prove that you meet the requirements for either credit or income.
Unsecured loans are easier to obtain than secured loans because you don’t need to supply collateral. While lenders can seize the collateral if you default on a secured loan, a lender can’t take any of your property if you default on an unsecured business loan unless you obtain a court order. Finally, if you file for bankruptcy, the court may discharge unsecured loans, but it won’t typically discharge secured ones. What this means is that you can get the finance you are looking for without the usual hassle involved of going into a bank or filling for a mortgage. Anyone with any kind of credit history can apply for an unsecured loan, making them a hugely popular form of finance in the modern world.
How to Apply for an Unsecured Personal Loan
It couldn’t be easier to get the cash you want, it really is an easy process. All you need to do is fill out our online application form with your details and a layout of what sort of finance you are after. The application should take you no more than two minutes to complete and will not ask for more personal details than is absolutely necessary for the plan. Once you have completed the form it will go over to our expert team to be reviewed. Our team will take all your criteria into account and use them to find the most suitable plan to meet your needs. They will put you in touch with the lender that fits your required finance.
They will put you in touch with the lender that fits your required finance. What this means is that you can get the cash you need with minimal effort. All in all, you can get cash straight into your account an hour or even less.