Direct Debt Advice

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Frequently Asked Questions

Unsecured Loans

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

By going direct to a lender it is likely there will be a small administration charge often not much more than £50. By going through a broker you may have to pay a slightly higher fee often related to the size of the loan advance. This fee is worth paying however if you are unable to go direct to a lender or the interest rate offered via a broker is less than you would pay were you to go direct to a lender.

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?