What is an unsecured loan?
An unsecured personal loan is a loan that does not require property as a form of security against it, such as a house. Instead, your credit history will be checked and the lender will decide if they are prepared to lend to you based on this.
How do I choose the best UK unsecured loan?
Our free online loan comparison tool searches the UK unsecured loans market and produces a shortlist of the unsecured personal loans that would be best for your personal circumstances. Before applying for a UK unsecured loan, remember to consider factors such as:
Interest rates – don’t just settle for the first rate you are offered; compare a variety of unsecured loans to find the best interest rate
Loan amount – the interest rate you are charged will depend on how much you want to borrow and over how long
Bad credit rating – if you have a poor credit score you may need to restrict your search for a loan to specialist lenders who may accept you if you have had previous County Court Judgments (CCJs) or payment arrears.
Comparing is a must when it comes to UK unsecured loans. Our loan calculator allows you to compare unsecured loan offers from leading UK lenders. When you have entered your criteria into the personal loans comparison service and arrived at your results table, you can apply for your unsecured personal loan online. Our service could help you save money by finding the most suitable UK unsecured loan to match your personal circumstances.