Loans Explained.

Unsecured Loans

An unsecured loan, or an unsecured personal loan, does not use your home or vehicle as collateral for the loan. An unsecured loan is best suited to people who do not own their own property, such as council or private tenants or people living with parents, although they are also available to homeowners. Even if you have a bad credit rating or poor credit history, you could still be approved for an unsecured loan with UCS Finance.

Unsecured loans may appear in many different forms depending on your unsecured loan requirements:

• Loans For Tenants
• Unsecured Tenant Loans
• Tenant Loans
• Bad Credit Loans
• Poor Credit Loans
• Adverse Credit Loans
• Unsecured Personal Loans
• Unsecured Car Loans

Secured Loans

A secured loan, or a home loan, is tied to your property, this enables lenders to offer a higher loan amount often at lower interest rates. However, you will need to be sure that you can re-pay the loan as your property may be at risk if you cannot repay the amount you borrow.

A secured loan may be a good way of reducing your outgoings by consolidating more expensive borrowing, such as credit cards or store cards. You may also be able to raise more money than if you take out an unsecured loan.

Vehicle Loans

If you own a car you may be able to secure the loan against it. This can be a good way of raising money quickly, as many of the criteria for lending you money can be relaxed. If you need emergency funds, or want a short term loan, a Vehicle Loan may be just what you need.

Mortgage

A 'mortgage' is a loan secured against your home. 'Secured' means that if you do not keep up the payments, the lender can sell your home to get its money back.

Remember: Your home may be repossessed if you do not keep up repayments on your mortgage.

LOW INTEREST RATE LOANS

For clients looking for the most competitive interest rates available, we have the facility to compare the loans available specifically to you from our panel of lenders, and to ensure that you choose the deal which is right for you. So whatever the reason for your loan you can be sure you made the right choice. Apply with us today for a fast decision.

Car Loan

We are confident that we can find you the most competitive deal available to enable you to drive away the car of your dreams.

Homeowner Loans

A secured loan can enable you to reduce your outgoings by consolidating more expensive borrowing, such as credit cards or store cards. You may also be able to borrow more money than if you were take out an unsecured loan.

Debt Credit

We are able to arrange loans for anybody with bad credit or who has experienced financial difficulties. We can even arrange loans for the self-employed and those who have difficulty in proving their income..

Unsecured Loans

Even applicants with a bad credit rating or poor credit history, can still be approved for an unsecured loan through UCS Finance.