LOANS
With so many financial products available today it can get very confusing deciding what the right loan for you is. Here is a brief explanation of the loans we arrange.
Unsecured loans from £250 to £15,000
An unsecured loan is a loan that does not require your home or anything you own as collateral. You can use an unsecured loan or unsecured ‘personal’ loan as they are sometimes called for any purpose you want. Generally unsecured loans have fixed interest repayment rates and the usual repayment term is between one to seven years. Welcome Loans UK can arrange unsecured loans for applicants with a good, bad or adverse credit history.
Tenant loans from £250 to £15,000
A tenant loan is a loan specifically designed for someone who does not own their own property. A tenant loan can be used for any purpose. Most tenant loans have fixed interest rates which allows monthly repayment budgeting. Welcome Loans UK can arrange tenant loans for council tenants, private landlord renters, and tenants through housing associations. All applications are welcome regardless credit history.
Bad credit loans from £250 to £10,000
A bad credit loan or sub-prime loan is for people who have been refused credit by banks and high street lenders. Typically they are refused a loan because of a bad credit history. This could consist of county court judgements and defaults on their credit agreements. The APR will be higher on a bad credit loan due to the applicant’s previous credit problems. A bad credit loan can be used for any purpose. Welcome Loans UK can arrange loans for people with bad and adverse credit history.
Unsecured car loans from £250 to £15,000
An unsecured car loan is a brilliant way of financing a vehicle. As the loan is unsecured it means the loan is not secured against the car itself. An unsecured car loan is usually taken over a period of one to seven years. Welcome Loans UK arranges car loans for customers with a good or bad credit history.
Small loans up to £800
A small loan is a loan that is ideal for sudden emergencies as a lot of the time the money can be transferred into the applicants account on the day of application. The typical repayment terms of a small loan are £20 for every £100 that is borrowed. Asmall loan can be used for any purpose and they are available to people with a good or adverse credit history. Welcome Loans UK will arrange a small loan no matter what your previous credit history is like.
Debt consolidation loans from £1,000 and £10,000
A debt consolidation loan is a loan that consolidates all your debts into one affordable monthly payment. This type of loan is perfect if you have multiple loans and credit card agreements as the debt consolidation loan pays off all of these. The amount offered and APR will depend on the applicant’s credit history, monthly wage and monthly outgoings. A debt consolidation loan is available to anyone with a good or bad credit history.
Apply today for a quick decision!
