What is an unsecured loan?

13 January 2009
An unsecured loan is a loan that isn’t secured against something valuable (like a house or flat). So, from the lender’s perspective, it’s riskier than a secured loan. That means they’ll probably charge more interest than they would for a secured loan, and they’re more likely to restrict the maximum loan amount.... read more »

Secured loans & the base rate cuts

19 January 2009
Why aren`t secured loans coming down in price? As the Bank of England cuts its base rate again and again, many would-be borrowers are asking why lenders aren`t passing these cuts on to borrowers in the form of cheaper - and more readily available - secured loans.... read more »

Can I get a loan if I own a home?

17 April 2009
If you`re looking for a loan, owning a home can make a big difference. Why? When you ask a lender about getting a loan, they obviously want to be sure you`re going to pay it back!... read more »

Can I get a loan if I`m in debt?

21 July 2009
We all know that finding a loan has become more difficult recently. Lenders have become more cautious about their lending as a way of protecting themselves against the economic downturn.... read more »

Secured loans for debt consolidation

17 February 2009
In today`s credit markets, secured loans can be a particularly effective way of consolidating debts. It`s true that loans of all kinds have become harder to access in the last 18 months, but most lenders are still prepared to offer loans to people who can offer equity (see below) in their home as collateral, as long as they can afford the repayments.... read more »