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The above is indicative only. If this looks good, you can apply online by clicking the Apply Online Now button below.

What is an unsecured loan?

An unsecured loan can be used for just about anything. Should you need a loan for, say, a holiday, and then all you need to do is go online and fill out a short form with your general information. If you’re between paydays and are faced with an emergency, such as your car breaking down, then a cheap unsecured loan is incredibly useful when time is of the essence.

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An unsecured loan is one where the borrower doesn’t need collateral to get a loan. A secured loan is one where the borrower uses collateral to secure the loan.

Any company that pays a loan upfront without any type of collateral is offering you an unsecured loan. Medical bills are another form of unsecured loan. Good examples for which unsecured loans are useful are medical bills and credit cards.