Category: Unsecured Loans

Unsecured Loans for Bad Credit Direct Lenders Only

August 16, 2019

Fill out a short form to discover unsecured loans for bad credit direct lenders only. No credit check involved and same day fast payout included. Remember that borrowing money that you can't afford to pay back can lead to further financial trouble. For further advice on this take a look at the website. We are a broker, here to help you find the best possible loan deal for your situation. Unsecured Loans for Bad Credit Direct Lenders Only Why use a broker like us? We take all the hard work out of finding a loan deal. You do not have to visit each of the lenders individually and fill out many different forms. To read more about PayDay loans UK follow the link provided. With us, you fill out one form and we do the rest for you. This is the easiest way possible to get a good deal on an unsecured loan. Let's run through what you need to know before you go and sign up for an unsecured loan and for payday loans very bad credit. Get a Quick Loan Quote Fast

What is an Unsecured Loan?

An unsecured loan will be credit issued over a set time frame payable back to the lender over that period. The loan is classed as unsecured as it is not tied to by contract to any possessions that you might have that have any value. For example, if you get a loan up against your car, should you fail to make the repayments you will lose your car. The unsecured loan is normally repayable at a fixed rate of interest just like the loans for very bad credit direct lender.

Why Get An Unsecured Loan with Us?

As stated, you fill out one form online instead of many forms with all the different lenders.
  • No obligation instant quote
  • Confidential and secure
  • No credit check (will not affect your credit score)
  • Cash can be in your account fast (sometimes in 10 minutes)
  • Fast and easy
Mr Lender offer good loans, we also list the best Mr Lender alternative for you. Safetynet credit is also a good lender in this situation. You will also see Everyday loans in your quote as an option.

How to Get an Unsecured Loans for Bad Credit Direct Lenders Only

You fill out our application form and we will find you the best unsecured loan for your financial situation. This is how you can get unsecured loans for bad credit direct lenders only:

Step 1: Go to our quick quote page, this is where you can start to fill out the application form. You will get an instant quotation.

Step 2: Enter how much you would like to borrow over what period. The longer the term the lower the monthly payments will be.

Step 3: State the purpose of the loan, to buy a car or to pay bills etc.

Step 4: Enter your contact details together with your living status eg own your home or renting your home.

Step 5: Enter your employment details and your monthly expenditure information.

Step 6: Submit the form to get an instant quote on unsecured loan lenders.

The form will take most people less than 5 minutes to complete.

Secured or Unsecured Finance?

A secured loan will take a bit longer to reach an outcome. This is because the security must be validated and proven to be yours etc, which of course take longer to achieve. However, without any added security of the secured loan, an unsecured loan usually has higher interest rates. This means you pay back more money to the lender when selecting an unsecured loan over a secured loan. The benefits are; faster turnaround time of the loan, no worries about losing the possession you have used to secure the loan should you miss payments. However, if the money is failed to be repaid on an unsecured loan it will probably mean a legal process will start.

Type of Unsecured Loans in the UK

In the UK there are 4 different types of unsecured loans on offer including:
  1. Long term unsecured loans
  2. Unsecured loan with no guarantor
  3. An unsecured personal loan
  4. A PayDay loan or short term loan
To get an unsecured loan in the UK you must be:
  • At least 18 years old
  • Have a credit history that meets the lenders requirements
  • Have a bank account in the UK
  • In most cases must be employed
If you think you are eligible to receive unsecured loans for bad credit direct lenders only go to our application form now. Get a Quick Loan Quote Fast