Direct Debt Advice

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Frequently Asked Questions

Unsecured Loans

Do I need to have an unsecured loan protected?

Most lenders will look to sell their protection policy along side their loan. This protection is for accident, sickness and unemployment cover. The cost of the cover can however be significant. If you feel you want this type of cover it is usually cheaper to get a stand alone policy.

What is an Unsecured Personal Loan?

Who are Unsecured Personal Loans designed for?

Who can apply for Unsecured Personal Loans?

Why would I want to use an unsecured loan to solve a debt problem?

What happens if I want to pay off my unsecured loan early?

What fees are likely to be involved with an unsecured loan?

How quickly can I get money into my account?

Do I need to have an unsecured loan protected?

What affect does taking a personal loan have on my credit rating?