Representative APR Example
£350 borrowed for 30 days. Total amount payable by one repayment: £434.
Total interest payable by one repayment: £84. Representative APR 1223.6% (Variable)
Loan
£0
Period
0 Day(s)
Interest : £0
Repayment : £0

Fetch funds without placing collateral

14 November 2009

Gone are the days when there was a compulsion of placing any of your assets like automobile, home or other valuable documents as collateral against the loan amount. Now with the advent of unsecured people those who do not any security to place or do not want to out their precious asset at risk can avail the beneficial unsecured loans. These loans are especially designed for tenants and non-homeowners. These loans offer favorable financial support so that you will be able to accomplish your number of important financial needs on time. Therefore, Loans for People on benefits can be your best financial partner when you don’t have enough finance to meet with your needs.  

With these loans you can fetch funds in the range of £1000 to £25,000 for the reimbursement period of 1 to 10 years. The loan amount will be provided to you on the basis of your needs and repaying ability. The interest charged on these loans is relatively higher than other conventional loans, because of its collateral free nature.  However, by comparing online loan quotes well you will be able to get these loans at competitive prices, without any hassles.

Loans for People on benefits let you accomplish your number of financial needs like-

  1. Paying off debts
  2. Home renovation
  3. Education
  4. Wedding
  5. Arranging a holiday tour

Unsecured loans can be grabbed by both good and bad credit holders. Those stuck with poor credit record due to defaults like arrears, insolvency, late payments, CCJ, IVA and bankruptcy can freely apply for these loans without any restriction.   
By the financial aid entailed through these loans you an easily remove the burden of financial instability from your life and live tension free. These loans also get quickly sanctioned by the lender as no time wasted on the evaluation of a property.

Summary

Unsecured loans can be an effective financial tool for the people like tenants and non-homeowners who do not have any collateral to place as security against the loan. These collateral free loans offer sufficient financial help which enables you to fulfill your needs and desires effectively.

The operator of this website is not a lender and does not make credit decisions. The information you provide will be used in securing you a payday loan with one of our carefully selected panel of leading Payday Loan Lenders in UK. The personal, financial and employment information that we collect is stored electronically during the duration of the application and is removed from our system upon acceptance from the lender.

We expect you to repay your loan on the date agreed, so if you do not think you are in a position to make your repayment, please do not apply with us in the first place. It is not worth risking your credit rating for such a small amount.

PLEASE READ TERMS & CONDITIONS OF LENDERS OR BROKERS BEFORE PAYING ANY UPFRONT FEES.

Please note that payday loans are meant to be used for short term financial emergencies and are not designed to provide long term solutions

Warning: Failure to meet your repayments can have serious financial consequences. For help, go to moneyadviceservice.org.uk