Arctic Personal Loans - UK Personal Loans Online
UK Personal Loans Online - Reputable Secured and Unsecured Personal loans for Home Owners, Tenants and Students
UK Personal Loans Online
UK Personal Loans Online
Personal Loans
Secured or Homeowner Loans
Unsecured Loans
Tenant Loans
Car, Motorcycle, Boat Loans
Debt Consolidation Loans
Adverse Credit Loans
Self Employed Loans
Student Loans
Debt Help
Credit Cards
UK Credit Cards
Balance Transfers
Platinum Credit Cards
Gold Credit Cards
Visa Providers
Mastercard Providers
Terminology explained
Featured Merchants
Loan Articles by Expert Authors
Reciprocal Links Scheme
Useful Links
Contact Us
Sitemap

Unsecured Loans

An unsecured loan one where there is no asset secured on the loan. Many homeowners in the UK choose this type of loan because there is less risk involved – they are not in danger or losing their home because the loan is not secured on it. Unsecured personal loans are particularly suitable for tenants, renters or students as property collateral is not required by the lender. Of course, this makes the loan riskier for the lender and therefore you’ll find that the monthly repayments are higher than on a secured loan. The lender will base his decision on whether to lend money to a tenant based upon their employment status and or ability to repay the loan. Please ensure you get several uk unsecured loan quotes to ensure you get the best rate.