Frequently Asked Questions

How much can I borrow?
The amount one can borrow depends on various factors like income, repayment ability and credit score. Apply with us to find how much you can qualify for.

Over what time period can I spread my loan repayments?
Loans can be taken over a range of periods between 6 months and 10 years. It all depends how much you borrow and how much you can afford to pay each month.

Can the unsecured loan be used for any purpose?
Obviously, you can use the money for whatever you like; buying a car, a holiday, paying off existing debts or home improvements.

How confidential is my application?
All applications are dealt with in strictest confidence. All your application details are collected through online secure server of Unsecured Loans UK. Your details will remain entirely confidential and will not be forwarded to anyone without your prior permission.

What are the qualification requirements for unsecured loans?
For unsecured loans, you need to be in current employment, be above 18 years of age and have a current checking account.

What if I want to settle the loan early?
Different lenders have different policy on early repayments. The lenders who accept early repayment will calculate the outstanding balance and a rebate is given on the outstanding interest in accordance with the Consumer Credit Act 1974.

Once I sign the paperwork, am I committed?
No, signing paperwork doesn’t mean that you are bound by it. If you change your mind afterwards you can cancel it at any time at no cost.

I have bankruptcy in my credit condition, am I eligible for unsecured personal loans?
Y es, you are eligible to apply for unsecured personal loans no matter what sort of bad credit you have.