UNSECURED LOANS

Between £250 - £15,000.

Unsecured loans are the most common type of loan as they do not use your home or any other asset you own as collateral.

There is a massive choice of unsecured loans available, from high street lenders to the smaller ones you probably don’t know exist, the bigger, more common lenders on the high street generally have the best APR rates, but there acceptance criteria is usually fairly strict and they usually only lend to people with a good clean credit history that they know will have no late or missed repayments.  If you have a pretty good credit history then a high street lender could be the best choice for you.

If your credit history is bad or adverse and suffers from CCJ’s and defaults then we can arrange an unsecured loan regardless of your circumstances. Many unsecured loans now have flexible repayments and some even have repayment holidays which can be beneficial. 

You can use an unsecured loan for anything you want!
A holiday, car, home improvements, or even to consolidate your existing debts.

We can arrange unsecured personal loans from £250 to £15,000. 
So why not fill in the online application form or call one of our friendly advisors today. We look forward to helping you!

Unsecured Loans - general information.

With an unsecured personal loan the amount you can borrow will ultimately depend on a number of factors, such as your employment situation, your income and any out goings you have each month, you will also have to be over 18.

The unsecured loan can be used for any purpose...
such as a new or used car, luxurious holiday, for education purposes, debt consolidation, home improvements or to fund a dream wedding.

The repayments can vary, however, most unsecured loans are generally over one to five years. If you take the loan over a longer period of time it will help to keep the repayments down. However, you will pay more interest overall if you spread it over a longer period of time.

Many people use credit cards to pay for large purchases such as electric goods, jewellery, or even holidays. It is usually more sensible to get a loan for these types of purchases as the interest rates shall come down significantly.

If you don’t really want to be in debt for a long period of time then an unsecured loan is a good option for you as you can take your loan over a shorter period of time and get it cleared of pretty quickly.

Also remember when you apply for an unsecured loan whether you want a fixed interest rate, most unsecured loans are fixed rates anyway but if the interest rate is fixed then it allows you to plan your budget for outgoings and bills each month.

Welcome Loans will consider an unsecured personal loan regardless your credit history. You must be responsible though and only apply if you can make sure of monthly repayments as defaulting can have a further negative effect on your credit score.

Apply today for a quick decision!