The Rate Tart

Use TheRateTart comparison tables to find the right secured loan for you. We've got all the information you need to compare UK unsecured loans and apply online. Tell me more about unsecured loans.

Unsecured Loans offer the loan company no guarantee of repayment. Even if you are a home-owner the loan company has no automatic claim to your property if you fall into arrears. As this is a higher risk than secured lending, interest rates are also higher.

But don't be fooled into thinking that lenders will write off unsecured loans easily. If you fail to make your repayments you will almost certainly be taken to court and are likely to end up damaging your credit rating.

If you do get into trouble the best approach is to inform your lender early and agree mutually acceptable repayment terms. As a rule of thumb expect unsecured loans to be available for amounts between £500 and £25,000. Repayment periods can extend from 6 months to 10 years.

If you need more information to decide which loan is the best for you, then check out TheRateTart Guide to Loans.

Tell me less about unsecured loans