Personal loans Before you begin the application process, calculate the size of loan you need in order to effect the change you are looking to implement (whether for home improvements, a new car, debt consolidation) and the amount you can realistically afford to repay monthly. These are your parameters. At Free Price Compare, we search […]
Overview There are three main categories of loan: personal, secured and debt consolidation These can be sourced from banks and online lenders The single most important consideration when taking a loan is whether you will be able to afford repayments Also be aware that taking out a loan can affect your credit score By law […]
A secured loan is a loan secured against your personal assets (such as property or vehicle). This allows you to borrow a larger amount and at a lower APR than with a personal loan. However, your assets are at risk of being seized if you fail to keep up repayments, so it is vital you […]
Defining a secured loan A secured loan is a loan secured against your personal assets (house or car). This means that if for any reason you are unable to meet your loan repayments, these assets could be seized. Because of the assurance this offers your lender, secured loans tend to be offered at lower APR […]
Personal loans can provide some of the cheapest credit available for mid-range borrowing – between £1000 – £25000. Greater competition between lenders has seen advertised interest rates falling in recent years, which is obviously good news. However, many lenders have taken to concealing hidden costs within loans to offset the reduction in advertised APR. It […]
Property owners take out home improvement loans for a variety of reasons. For some, an expanding family dictates the need to extend; for others it’s a mini-investment opportunity to add value to their home. For some it is simply about creating the home they always wanted. Whatever the motivation, it pays to research the loan […]
