What is an unsecured loan?

An unsecured loan is a kind of personal loan for which the borrower does not have to put up any asset as a guarantee against the loan. The lender relies on the ability of the borrower to pay back the loan. This usually requires a very good credit history from the borrower. There are a number of companies in UK which provide this kind of Loan.

For more information please visit our unsecured loan section.