Oct 22, 2019

Unsecured Loan

There are many different types of loans that you can choose from. Many of the most popular options are known as secure loans and they are often loans that you obtain from a traditional lender like a bank. However, not all loans are quite like this. One of the more popular loan options are unsecured loans. These are a different type of loan that does not require any type of collateral to obtain. An unsecured loan is the easiest loan for you to be approved for and does not require you to have great credit. If you are looking for an alternative type of loan, unsecured loans can be the way to go.

Here is everything that you need to know about unsecured loans:

Apply Within Minutes

Applying for a traditional loan can be very time consuming and require you to fill out a lot of documents. The application process for secured loans can sometimes take weeks to complete. This is not the case when it comes to unsecured loans. These are loans that are specifically designed to be easy for you to apply for. You will only need to provide the most basic information when you are applying for an unsecured loan. You will be required to verify employment, because this is one of the deciding factors when you are looking to be approved for a loan of this type. You can even complete the entire loan application process online, which will only make things easier for you.

Look Into Your Options

Do not just assume that secured loans are the only option available when you are in need of a loan fast. You have the ability to obtain a loan that is designed to be simpler and be the easy solution to al of your money needs.

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Representative example: £400 borrowed for 90 days. Total amount repayable is £561.92 in 3 monthly instalments of £187.31. Interest charged is £161.92, interest rate 161.9% p.a. (variable). Representative 305.9% APR. A short term high cost loan should not be used as a long term solution. We are a broker not a lender. We don't charge fees. We don't sell your personal information.

Warning: Late repayments can cause you serious money problems. For help, go to moneyhelper.org.uk

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