Summary:
Personal loans are unsecured loans that are offered by a range of lenders, from high street banks and building societies to Internet lenders and even credit unions.
You can use personal loans for just about any purpose, and with a choice of lenders available it is usually possible to find some very competitive deals on a personal loan. However, one thing to bear in mind is that with an unsecured personal loan you will usually need to have good credit, as the unsecured nat...
Personal loans are unsecured loans that are offered by a range of lenders, from high street banks and building societies to Internet lenders and even credit unions.
You can use personal loans for just about any purpose, and with a choice of lenders available it is usually possible to find some very competitive deals on a personal loan. However, one thing to bear in mind is that with an unsecured personal loan you will usually need to have good credit, as the unsecured nature of these loans makes them higher risk loans for the lender.
The interest rates charged on personal loans can vary quite widely from one lender to another, so the first thing to remember is that it is well worth shopping around in order to get the best deal on your personal loan. When it comes to the amount that you can borrow most lenders offer up to