Unsecured Loans

Unsecured loans, as then name suggests, are loans provided without any form of security. Naturally, as you would expect, your credit rating has to be reasonably good to allow you access to these loans and furthermore, the value of the loans are limited to between £15,000 or £25,000 as a maximum with special approval.

At debtfreeplease we utilise our Independent Consultant with access to a vast database of unsecured loans, to search the market to find the best and cheapest unsecured loan for you. Our consultant provides a free consultation process and finds the best deal for you. You will then be guided to complete the relevant application forms for the unsecured loan and once the loan is approved, this can be used to consolidate your debts. The advantage is that you end up having one provider instead of dealing with several credit card companies and loan providers separately.

Please note that it is likely that your loan period will increase however with unsecured loans the loan period is much shorter than those compared to secured loans. Research shows that the average person has around £4,000 of unsecured debt.