An unsecured loan means that you borrow up to £50,000 without putting down anything as collateral. Your eligibility for a loan is based on your income and credit rating, rather than the value of your home or car. So if you are unable to keep up with your repayments, you will not risk losing your home or vehicle through repossession, but it will have an impact on your credit score.
All Purpose Loans offers a simple way to compare unsecured loans, giving you a pre-approved loan quote from a number of competitive lenders across the entire market in the UK. An application takes just two minutes to complete and you will receive an instant decision on the screen. Get started below:
All Purpose Loans allows you to compare unsecured loans and get the best deal for you. There are hundreds of lenders in the UK and each offers very different terms and rates and being able to find them all in one place can help you save time and money, rather than going to each lender individually.
If you compare unsecured loans effectively, you could save a few hundred pounds and find the exact loan term and duration that you need.
Our loans engine will carry out a soft search against your credit file and this allows us to offer you a real-time quote from a number of different lenders. All you need to do is choose the best lender according to your requirements and there is no charge for this and your credit score will not be affected.
We work with the whole of market, which means that we work with all the unsecured lenders in the UK. This gives you access to the best rates and terms on the market, all in one place.
We have spent years partnering with the best unsecured loans companies and have matched thousands of customers to the right lenders so far. We are a broker which is regulated and authorised by the Financial Conduct Authority.
Our entire service is free to use and always will be. Your details are kept safely and securely through our secure server and we will not pass on your information to any other companies with your permission.
Yes, unsecured loans for bad credit are available, but the lender may charge a higher rate to manage the risk. Some of the unsecured lenders that we work with are willing to take a view on bad credit histories, provided that you have made a number of recent payments and are improving your financial situation.
If you do not have any collateral or want to use your home or car as security, you can look at applying for a guarantor loan, which means that you just need an extra person with a good credit rating to co-sign your loan agreement.
We offer unsecured loans from £500 to £50,000 and the amount you can borrow is based on your income, affordability and credit score. If you wish to borrow the maximum amount, this will need to be reflected in your credit rating, monthly income and expenses to ensure that you afford the monthly repayments without falling into financial difficulty.
When you compare unsecured lenders through our website, you can choose the one best suited to you. You will undergo some final checks which are completed on the same day of applying and successful customers can usually receive funds within 24 hours or less.