Allscot Finance Limited is a secured loan broker who specialise in consolidation loans and debt consolidation. they have in excess of 50 years experience in the personal loan market and have a tradition of arranging low rate loans for their clients in order to reduce their monthly outgoings.
their low cost loans are usually arranged on a secured personal loan basis hotheyver mortgages and re-mortgages can always be considered as an alternative. they can provide various insurances such as mortgage protection or life assurance to give peace of mind for their clients.
Allscot Finance Limited is directly authorised and regulated by the Financial Services Authority. Licensed under the Consumer Credit Act 1974 to carry on the business of consumer credit, consumer brokerage, consumer hire, debt adjusting and debt counselling, debt collecting, credit reference agency with the right to canvass off trade premises and are voluntary subscribers to the Finance Industry Standard Association’s code of conduct.
Freshstartloans offer low cost loans for any purpose. Rates from 8.9% APR. Low equity loans up to 125% of your property value. Consolidation loans available.
AllscotFinance is not endorsed by or associated with the Good Finance Guide. All trademarks remain the property of their respective companies.
Available to anyone aged between 18 and 65 with a regular income
Abbey Loans
£1000 - £20000
6.9%
1 - 8yrs
2 mths int
Internet applications only.
Alliance & Leicester
£1000 - £20000
6.4%
1- 5yrs
2 mths int
Fixed rate loan with online decision.
British Gas Loans
£1,000 - £25,000
New rate! From 6.2%
1 - 7yrs
2 month's interest
Internet applications only
Cahoot
£1000- £20000
6.7% fixed rate, 5.8% flexible rate
1 - 5yrs
28 days int
Choice of fixed or flexible loans
Direct Line
£5000 - £25000
6.3%
1 - 5 yrs
1 mth int
Internet applications only
Goldfish Loans
£5,000 to £20,000
5.9%
1 to 5 years
none
No fees or hidden set-up costs
If.com loans - Intelligent Finance
£1,000 to £25,000
6.1%
1-4 years
nil
Easy application over the phone or online and a decision in minutes.Click here
Liverpool Victoria
£5000 - £25000
5.90%
1 - 7 yrs
Nil
Internet applications only
Lombard Direct
£5000 - £25000
6.10%
1 - 7 yrs
2 mths int
On line decision
Marbles
£5,000 to £25,000
6.9%
1 to 7 years
Nil
Ideas bigger than your pocket?
Marks and Spencer
£7500 - £25000
6.7% online rate
1 - 7 yrs
2 mths int
A different rate may be offered subject to status
Morgan Stanley
£5,000 - £9,999
6.5%
1 - 7 yrs
Nil
Online Decisions within 1 minute Online. 6.5% exclusively available online
Nationwide
£1000 - £20000
6.7%
1 - 7yrs
Nil
Rate is guaranteed, not typical depending on credit risk
Northern Rock Loans
£5000 - £25000
5.8%
1 - 10 yrs
None
No penalty for early repayment
Smile.co.uk
£5000 - £15000
6.00%
1 - 7 yrs
2 mnths int
Online decision available
Tesco
£2000 - £25000
6.5% online
1 - 10yrs
2 mths int
Rate includes a discount for internet applications.
Loans FAQ
Personal Loans have a variety of uses which is good because the needs of individuals can also vary widely.
This site takes a brief look at the types of personal loans available in the uk today and some possible uses for them.
We also provide you with the ability to click through to a personal loans comparison engine,
which will allow you to compare over 400 lenders in a couple of quick and easy clicks.
So, where do we start? Well let’s kick off by saying what types of loans are available.
These are Secured and Unsecured, and you can probably guess the difference between each from their names!
But maybe not! The idea of a secured loan is that you put up an asset/capital as security,
so that if you default on your payments, the lender can claim you asset to pay off your debt to them.
The asset that is usually used as security in this instance is your home,
which is why this type of personal loan is often referred to as a homeowner loan.
Benefits of this type of loan? Well they are often easier to arrange and you can generally borrow larger sums of money,
due to the lender having some form of security.
Right, with that one out of the way, let’s look at unsecured personal loans.
This is where names can be deceptive, because no this type of loan is not secured against your assets such as your home,
but being realistic it does not mean that a lender would not pursue you for their money,
should you be able to keep up the repayments of this type of loan.
The lender would be within their rights to pursue any debt through the civil procedures,
which could ultimately result in your home being at risk.
