Unsecured loans or personal loans as they are also known are available for both tenants and homeowners with amounts available up to £25,000.
Unsecured loans can be used for just about any purpose.
What differentiates between an unsecured loan and a secured loan is that no security is required against the loan. Personal loans also tend to offer fixed interest rates. That means you’ll know exactly how much you have to repay each month regardless of any changes to interest rates in the wider market.
As there are no restrictions on whether or not you own your own home, unsecured loans are available to both tenants and homeowners.
Unsecured loan rates vary dramatically and depend very much on your current credit rating. Careful attention must be taken when applying for an unsecured loan, at the rate of interest you are being offered. A lender will show a “typical APR” which means that this is the quoted interest rate they have to offer to at least two thirds of all applicants. Dependant on your credit rating you may be offered a much higher rate of interest.
To discuss whether or not an unsecured loan would be best for you please contact us.
Conditions apply. Please note that repaying debt over an extended period may increase the total amount of debt to be repaid. Transferring debts to a financial management plan will affect your ability to obtain credit in the short term. Your ability to obtain credit may also be affected in the medium to long term. Dissolve Debt Ltd are fee charging financial management consultants licensed under the Consumer Credit Act 1974, Number: 563918
© 2002 - 2010 Dissolve Debt Limited
Dissolve Debt, Garden Place, 6 Victoria Street, Altrincham, Cheshire, WA14 1ET UK.
Privacy Policy | Terms and Conditions | Complaints Procedure | Careers | Referrals | About | Contact