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FAQs

Will I get a low cost unsecured loan with a bad credit history?
At Low Cost Unsecured Loans, we arrange loans for bad credit, mortgage arrears, CCJs, payment defaults and other problems. A bad credit history will not hamper your chance of obtaining a loan.

Over how long can I spread my repayment period?
It depends on the type of loan you are opting for, but unsecured loans are short-term loans. You cannot spread it over a very long period. This does not signify that you have to pay an exorbitant interest rate; the monthly payments will still be affordable for you.

Are there any circumstances under which I could be refused a low cost unsecured loan?
Low Cost Unsecured Loans tries to ensure that no borrower gets a negative response. However, it does not matter what your circumstances are, we try to find the unsecured loan as per your requirements. You may face refusal if the information provided by you is found to be false.

If I am a tenant and inflicted with bad credit, will I be able to acquire low cost unsecured loans?
We are associated with the top lenders in the UK and it does not matter to us that you are tenant and at the same time suffering from bad credit; we will arrange unsecured loans for you without any fuss.

Do I have to be a homeowner to get low cost unsecured loans?
No, there is no such pre-requisite. We arrange unsecured loans for homeowners, tenants and people in other circumstances. We work on every kind of application.

How smooth and fast are your services?
Our services are hassle-free. We are available round the clock via the internet and your application is matched with lenders who will offer you the appropriate low cost unsecured loan deal.

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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME
MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.