Whether it’s for a holiday, to buy some furniture, pay for a uni course or even get married, we’re here to make your dreams a reality funded with a personal loan.
Personal Loan types and features
There are a number of different loan types and features available to you, learn more below. We are here to help answer your questions when you’re ready.
Secured Loans
You provide collateral (such as the car or property) as security against the loan in case you can’t afford your repayments. Lenders typically offer lower rates for secured loans (vs an unsecured loan) because there is less of a risk for them
Unsecured Loans
No additional security (e.g. your car or property) is provided against the loan. Instead the lender will rely on your credit score when they decide whether or not to approve you for the loan. Interest rates can be higher than a secured loan and you might not be able to borrow as much.
Fixed Rate
Your interest rate and repayments will stay the same during the fixed term of your personal loan.
Variable Rate
As the name suggests, the interest rate can change over the life of the loan. This gives you flexibility, but can also leave you open to rate rises. These loans can offer more flexible features like unlimited additional repayments.