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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.

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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  • Unsecured Loan

    An unsecured loan is a loan that is secured on nothing more than the promise of the borrower to repay it.  ... More

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