A Loans Website is a UK loans resource aimed at helping
borrowers understand secured and unsecured loan products
and then get quotes to find the cheapest rates and the best
low cost deals on offer from UK lenders and finance companies.
Secured homeowner loans or second charge mortgages as they
are sometimes known, are personal loans that are secured
by a second charge on a property with an existing mortgage.
With this type of loan, your home is at risk if you do not
keep up with your repayments.
Unsecured personal loans are repayable on a monthly basis
at a fixed rate of interest. They are not linked to any
underlying security, such as your home, hence the use of
the term unsecured. The upshot of this is that lenders will
have little option buy to sue you in the county courts to
recover their money in the event that you fail to repay
the loan.
Both types of loan are usually available for any purpose,
including home improvement, debt consolidation, new and
used car or motorcycle purchase, though some lenders may
impose restrictions. Some products are suitable for those
with a bad or impaired credit history.
If you are unsure of whether this type of product is the
best type of finance for you, read
the guide to get a clearer idea, otherwise use the
links in the upper right hand navigation panel to go straight
to the loanfinder quote form for either secured or unsecured
loan products.
Click the other links in the panel on the upper right hand
side of this page to understand the meaning of any relevant
terms using the jargon buster, or to find out more about the
companies that are working together to provide this service.
Use the links in the lower right hand panel of the page to
access other sites in this network.
