Types of UK Loans Online
Getting a cheap, low interest
rate loan in the UK means you are suddenly surrounded
by jargon. Use this guide to untangle the terms and steer
your way to a really good, low rate loan.
As with any of our finance products,
if you think you have a bad credit problem,
tick the "adverse credit" button on the enquiry
form and we'll find you a list of lenders that can help.
A look at our
adverse credit page may be of assistance, there's a
button below for those who need consideration of a poor
credit rating.
Unsecured, or Personal loans
Personal loans
are those advanced to a customer, or known client, by banks
and other lenders who are reasonably sure they can be repaid.
And in any case unsecured
facilities, that is loans that do not require the borrower
to pledge property against the promise of repayment, are
usually for smaller amounts and carry higher interest rates
than secured loans. Check out our personal
loans by simply clicking on this button . . .
Secured loans
Secured loans
require a borrower to pledge real property, insurance policies,
fixed deposits, or other assets of a fixed and known value
against the amount to be loaned.
In the UK secured loans are usually
made on the basis of "bricks and mortar"
and can often require collateral (secured assets) of a much
higher value than the amount borrowed. That having been
said, we've done our best to collect a list of lenders to
give you the best possible deal . . . just click on this
button . . .
Car loans
Being far the most common form of
credit, and a loan with a ready made security
(the vehicle) makes a car loan about the
easiest form of loan to set up.
With all sorts of interested parties,
from car clubs to car makers, vieing for your attention,
there are some great deals to be had, so
click on the button and compare . . .
Business loans
If you are self employed
and own the business it can be tough getting
the loans you require to lead your private life, let alone
expand the business and enhance cashflow
a little.
We've got a list of lenders who can
deal with the average problems of small business
people, the difficulty in establishing income figures,and
the lack of employment verification. Just click on the button
and compare the rates we can find for you . . .
Home Loans
Home equity loans
are advanced against the increased value of your property.
Even if you have an existing mortgage we
can usually arrange a second charge over the new value of
your property.
If you need cash for something , then
it may be worth looking into the present value of your home
as against what it still owes and then click on this button
to compare our lenders' offerings . . .
Student Loans
There is a number of student
support schemes, loan allocations and grant
aid schemes run by the government to help young people get
through their education.
They are about as easy to get as catching
a handful of smoke, especially if you fall just outside
the criteria for what is considered a "normal"
student loan.
We have put together a number of lenders
who understand student requirements and who can make a loan
to fit your needs . . . just click on the button to enquire
. . .
Adverse credit and Debt Consolidation
We have lenders who specialise in
adverse credit lending. To access them, simply click "yes"
to the question "Do you have an adverse credit rating" when
filling in the online form.
Debt consolidation loans
are a means for those who own their own home to bring their
old loans repayments under control
Old loans at high interest
rates from the past can often be tidied up in a
parcel at today's much lower rates, and if you have excess
value in your home which can secure a consolidation loan,
why not? Click on the button to compare the offerings .
. .
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