What Exactly Is an Unsecured Loan?
An unsecured loan (which is often referred to a personal loan) is a form of borrowing that could be a good fit for you if you are planning a big-ticket purchase such as a new car or a loft extension, to give just two common examples. If you opt to...Read More
Personal Loan or Credit Card?
If you are looking to borrow a sum of money over a short time frame, a credit card could be cheaper than a personal loan, but this will depend on a number of factors. If you only hope to borrow a relatively modest amount of cash - say a thousand...Read More
Your Credit Rating and Why It’s So Important
Getting to grips with the significance of your credit rating when applying for unsecured or secured loans can be vital. Even if your score is low at present, there are a number of ways you can boost it, meaning that you are more likely to get credit at a decent...Read More
Your Borrowing Options
There are a whole plethora of reasons why you may have decided to borrow some cash, but working out which is the best way to do so can be confusing. That’s why you should thoroughly explore the market before signing on the dotted line. Overdrafts are often useful as a...Read More
Thinking About Taking Out a Loan?
Many of us will take out at least one loan in our lifetime - perhaps to fund the purchase of a new car, to pay for some improvements to our property or to consolidate debt. A loan can be a good option if you are planning to borrow over the...Read More
Types of Borrowing
A loan offers a cash sum which is fixed at an agreed level and repaid via a monthly direct debit. By contrast, a credit card provides you with an agreed limit to your spending which you can pay off more flexibly, though by opting to do so you may incur...Read More
Understanding Secured and Unsecured (Personal) Loans
When you take out a loan, it will be either on a secured or unsecured basis, and it’s important to be very clear about the difference between the two. Secured lenders require you to offer a form of security (normally a property) to guarantee the amount they lend you. So...Read More
Taking Out Unsecured Loans
When you take out an unsecured loan, you will not be asked to offer any form of security or collateral by your provider. This means that if for some reason you miss a repayment or default on the loan entirely, your property should be safe from repossession. However, in order...Read More
Unsecured and Secured Borrowing
If you are planning a big-ticket purchase or want consolidate your debt but don’t have a savings pot large enough to cover your needs, you may be thinking about taking out a loan. If you are a homeowner with equity in your property, you will have more options than if...Read More