If you are looking for low cost unsecured personal loans, you will need to think about a number of factors before applying, because there are certain details that can affect your borrowing potential, in terms of the rates you are offered and the amount of money lenders are prepared to lend you.
The factors lenders take into account when offering low cost unsecured personal loans include:
Your credit status
- Whether you own your own home
- How much you want to borrow
- Over what term you want to pay the money back
- Your ability to make repayments
Our loan calculator allows you to compare low cost unsecured personal loans from all the leading UK lenders, comparing rates, repayments and any fees involved helping you find the best deal for your circumstances.