Unsecured loans are generally speaking harder to obtain and come at a much higher interest rate than secured loans, by virtue of the fact that they are unsecured.
Lenders often prefer to grant loans to individuals with property, as it offers more security for them.

Despite this, it is most definitely possible to apply for and obtain a loan without your own house, and thousands of people complete this process every year.
Unsecured loans are what you need to be looking at if you do not own your own home.

We have so much great information available from all the best financial service providers.
You can choose a loan which you think is a great offer and compare it against the other leading companies, learn more about the company and loan provider before you sing up for your loan!

Choose from companies such as Liverpool Victoria, Nemo, Alliance and Leicester and many more, as well as all loan types, from secure, homeowner, tenant as well as payday!

But first - learn more about unsecured loans!

	Liverpool Victoria Offers customers a typical fixed APR of 6.7% , loans are available from £9,000 to £25,000 with repayment schemes from 1 - 7 years as well as excellent charity donations!		Alliance & Leicester Discover the great unsecured loans Alliance and Leicester have available for you! This is an extremely well established company which has great deals for their customers!
	Provident Personal Credit loans Provident Personal Credit offer unsecured short-term loans to customers, ranging from £50 - £500, plus door-to-door service. At a fixed 177% APR, it's a bargain!		Secure loans Get the best offers on secure loans! Find out if a secure loan is a better option for you! Get the best tips and advice on choosing your loan today! Find your perfect loan!

An unsecured loan could be the right choice for you, but there are a few things to bear in mind when considering one.

• Because an unsecured loan doesn’t require you to own a property, there is no security - or collateral as it is called - on the loan. This means the lender is at a greater risk, as there is no guarantee you will be able to make repayments or have anything of value should you stop making repayments. For this reason interest rates are usually quite a bit higher than those on secured loans.
• Lending institutions can be banks, building societies or specialized loan providers.
• Most unsecured loans are smaller than secured, so repayment terms will typically be lower - often between 5 and 10 years.
• Criteria for applications for an unsecured loan are generally more stringent than for a secured loan, again, because there is no collateral involved in the deal.
• Because of this, however, applications submitted when customers are eligible and meet the criteria required, are usually extremely quickly submitted, processed and secured. The whole process takes between 24 to 48 hours.
• In most cases, loan providers like to see a good credit rating and/or history, though sometimes this can be swayed. Some accept applications from customers with poor credit rating, self-employed or who cannot prove their income.

Shop around and find the best loan and provider for you - there’s one to suit everyone!
All loan providers have different criteria for assessment, so have a look at some of our featured offers.