Unlike a secured loan, an unsecured loan isn’t borrowed against an asset.
Because there is a higher perceived risk from the lender, unsecured loans usually have higher rates than secured loans. That said, if you don’t have a property to offer as security then an unsecured loan may be the best option for you.
You can use your loan for anything you like, whether that’s consolidating existing debt, making improvements to your home, or treating yourself to a new car or second property.
Unsecured loans allow you to borrow sums of up to £25,000 – our average successful application is for £##,000
Unlike with a secured loan, you won’t have to use your home as security for an unsecured loan
We need some details to make sure you’re eligible
Our team will help you make sense of the market and find the best lender for you
You will receive a decision from a lender in as little as 24 hours, with the funds shortly behind
How much you can borrow depends on a few different factors:
The security must be of higher value than the money you’re borrowing, so the more valuable your house, the more you may borrow
Your employment status, income, and capacity to repay your loan will be considered when applying