Secured Loan: Yes or No?
Secured loans are regarded in some financial circles as a last resort. However, while this may be true if the potential borrower is opting to secure their loan on their property because they have run out of other options, there are other scenarios where secured loans actually make a lot...Read More
Can I Get an Unsecured Loan with Bad Credit?
If you have experienced financial difficulties at some point in the past, you may be wondering if you will ever be able to get unsecured loans at a competitive rate of interest. If you have ever defaulted on a loan or mortgage, or even have been a little late in...Read More
Considering a Secured Loan?
Though an unsecured loan is likely to be cheaper if you have a high credit score, the secured element of homeowner loans does make providers more open to lending to those with a chequered credit history. Taking out secured loans is not an easy fix and should never be entered...Read More
Personal loans are not secured against an asset, so they are generally only available to those with a decent credit score. It is important to be aware of the fact that personal loans are exactly the same product as unsecured loans. Terms used by lenders can vary. If you are...Read More
Taking Out a Homeowner Loan
Homeowner loans (or secured loans) are a way of raising a substantial amount of money by using the equity in your property as collateral. Loans of this type are mainly aimed at those would-be borrowers who are unable to take out a personal loan because they have a low credit...Read More
Personal Unsecured Loans
Personal loans and unsecured loans are one and the same product, but the name used does vary from provider to provider. Unsecured loans take their name from the fact that you don’t need to offer any form of security in order to get one. Instead, the lender will look at...Read More
Borrowing for Non-Essential Purchases
Most of us will take out personal loans at some point during our adult life, and there are plenty of decent justifications for doing so. For example, if you need to buy a new car, are covering the costs of your own wedding or are planning some home improvements, you...Read More
Thinking About Secured Loans?
Secured loans, often referred to as homeowner loans, are a way of borrowing a substantial sum by offering your property to secure the loan. If you opt to borrow via a personal loan, the amount you are able to raise is likely to be capped at around the twenty-five-thousand-pound mark....Read More
It’s a fact that most of us will need to use credit at one point or another during our lives. This could be to buy a car, pay for higher education or get on the property ladder. Luckily, there is a range of borrowing options for those aged eighteen or...Read More
Trying to Improve Your Credit Score?
Your credit score may affect how much you are able to borrow and at what rate. If you credit rating is low or non-existent, there are some easy steps you can take to fix it. In an ideal situation, you should avoid anything that could negatively impact on your credit...Read More