Personal Loans Without Security

By: Shain Johnson

Unsecured personal loans are a good option for those who do not have any asset to give as collateral and are seeking financial assistance. The reason for the loan may be versatile like clearing erstwhile debts, planning an exquisite holiday, bearing the expenses incurred on studies and many more.

Let us deal with the features of these loans. No collateral is required in order to attain these loans which truly vindicate the unsecured feature. The personal nature ensures that you are not supposed to provide reasons for obtaining the loans. The money is all yours to be used the way you plan.



Unsecured personal loans monthly repayment amount depends on the interest and tenure you choose. The amount of ?10000 is available for the tenure of 7-10 years. The minimum amount is ?1000 and the maximum is ?25000. The interest rate is negotiable on the basis of your income and repaying capabilities. Having a good credit certainly helps in getting a better bargain. Online unsecured personal loans range from ?5000-?25000 for the period of 5years 15 years.

The lender lends money on the basis of your reputation though some formal eligibility criteria must be fulfilled. You must be aged above 18 years and be a permanent resident of UK. A regular employment with a decent salary certainly eases the whole ordeal of attaining these loans. Unsecured personal loans can be availed from the banks and other financial institutions too. These loans are available to the bad and good credit scorers. Online loans are faster and high in interest. It is recommend that you search a little bit to get the best offer in the market.

Personal Loans
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 
 • 

» More on Personal Loans