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Unsecured loans
Unsecured loans do not require the borrower to use their assets as collateral for the loan. For this reason, lenders tend to attach greater risk to borrowers after an unsecured loan and so tougher measures are used to screen applications and higher rates are charged.
Providers of unsecured loans vary enormously and range from high street banks and building societies to more specialist lenders. It is not uncommon to find specialist lenders more lenient in their criteria and so it is easier to find more competitive loans with these companies, especially those that specialise in certain types of borrowers such as the self-employed or those with a poor credit rating.
myfinances.co.uk is here to help by putting you in contact with the type of lender most suited to your particular financial situation. We will compare unsecured loans from a variety of lenders to bring you the best unsecured loan available.
Click below to get an unsecured loans quote and fill in a short form to get the exact loan that is right for you.
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Loans news, features and guides
Brits set to retire with £66bn of debt
Over one in three over 55s are heading into retirement with a combined debt of £66 billion, according to a study.
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FSA fines Liverpool Victoria for missold PPI
The Financial Services Authority has fined Liverpool Victoria Banking Services (LVBS) £840,000 plus compensation for its sales practices relating to payment protection insurance (PPI).
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Libor reforms announced
40% of parents bail out adult children's debt
Britons lending their friends £510m a year
Online loans mean more people rejected
Two years of unsecured loans without the bank
North-south debt divide
Expensive personal loans cost Brits £285m
The more you borrow the less you pay
BoE: Britons' borrowing increases in November
Britons paying off their debts
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