It is a common myth that an unsecured loan is different to a personal loan or a tenant loan. Lending companies use different terminology to portray their products.
Where an unsecured personal loan is concerned you do not need to provide security such as a vehicle or your home in order to receive the loan however in some cases, dependant on your personal circumstances, you may need to provide a guarantor in order to secure the loan advance.
The decision from a lender is generally based around your credit rating, this is usually done by seeking information from one of the credit reference agencies and is know as a credit search. Each lender we use on our panel will generally lend money regardless of an individuals credit history, whether it be good or in need of improvement.
theMoneylender helps to provide unsecured or personal loans for clients regardless of their credit history through its comprehensive lender panel. Our service is free and available to anyone regardless of their residential status and credit history. As long as you are 18 or over you can apply for an any purpose loan of between £250.00 and £25,000.00.
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