Personal or "unsecured" loans are not secured on any property and are underwritten on your individual circumstances and budget. Today, personal loans are available from £1000 to £25,000 and are regulated by the Consumer Credit Act. The biggest difference between personal loans and home loans is the amount you are allowed to borrow. With a home loan, providing to have enough equity in your property some lenders will lend up to £250,000. The requirements of a personal loan vary from that of a secured loan and if you are approved via our online system you can usually have your money with 48hrs, however this will depend on whether the lender requires proof of your income or not.
None the less, personal loans are a great way to borrow money whatever you need the cash for. It could be that you want to go on holiday, buy a new car, pay for your wedding, make some home improvements, consolidate your debts or just go shopping! Whatever your reasons we can help you find the right personal loan for you.
Using our range of personal loan providers we can usually find a loan that meets your exact individual circumstances, regardless of whether you have had previous credit difficulties, and with well known lenders like Halifax, Lloyds Black Horse, Citi Financial and Welcome Finance on our panel, we are sure we can find a suitable loan for you.
Just like with home loans, personal loan lenders will want to perform a credit check on you to assess your credit history. When you apply for a personal loan via our website you will be required to confirm that you are happy for a credit search to be performed prior to applying for a personal loan, and by allowing us to do so it means we can get the most accurate quote for you.
By submitting this form you agree to be contacted by Rate Hunter Ltd, with regards to a personal loan.