Unsecured Personal Loans
Hassle-free, Cheapest Personal Loans in the UK
Whether you are going for a vacation, renovate your house or have any other individual financial emergency, London Loan Bank offers you the cheapest personal loans with minimum documentation and quick approval. Now, you don't need to run anywhere in the UK to get an unsecured loan approved for you.
To avail your funds, you just need to apply for online individual loans, as per your requirements. Our team members are continuously fraught with incredible financial knowledge, exposure, and decades of experience. They will quickly review your application and credit your loan amount in the shortest period of time.
Lowest APR Rates and an Easy Repayment Option
When you apply for cheap personal loans with us, you don't have to worry about the Annual Percentage Rates (APRs). We are committed to offer you with immediate unsecured individual loans, available at the competitive interest rates. While applying for the desired loan option, you can always choose your tenure and repay the loan amount in easy monthly instalments without any hassle.
In order to check your individual loan repayment, please apply by entering your desired loan amount along with other details like your name, date of birth, phone number, email address and postcode, as provided in the form.
Unsecured Personal Loans for Bad Credit People
Today, unsecured personal loans have become the ultimate choice of numerous online borrowers. This is because they are freely available without furnishing any kind of security (in the form of a guarantor).
In fact, you can easily borrow these funds and better utilise them as per your needs. These funds are available in the form of your travelling expenses, debt consolidation, purchasing a car, property, etc.
We offer affordable an unsecured individual loans to borrowers even if they have failed to maintain a great credit history. These loans are designed to meet your financial requirements at any given point of time.
People who are struggling with bad credit history can avail unsecured individual loans under two conditions:
- If you have a guarantor
- If you do not have a guarantor
The best part about these loans is that you are not required to provide an asset (car or house) as collateral against the funds you apply for.
How to Choose Best Unsecured Loans?
In the recent past, lots of developments have taken place to help borrowers willing to receive fast personal loans and struggling with their bad credit history. Some of them are-
Here you need to provide a guarantor to approve your loan. A guarantor can be anyone including your family member or any of your close friends who could come forward and make the repayments of the funds you borrowed, if you are not able to do so. The risk involved here is far less as per the lender's point of view.
Here you do not need a guarantor to borrow your funds. When you apply for a loan, the lender immediately assesses it and provides a quote. The lender simply chooses a specific interest rate by looking at your credit history and then approves your funds.
How Instalment Loans Are Different than Other Types of Loans?
Instalment loans are different than other types of loans as they are settled over time in a number of instalments (or incremental payments). They are also known as individual instalment loans. They can last for a few months time and payments are spread out over the entire term.
After the loan amount is sanctioned, the funds are directly deposited into your bank's account. You are also given a specific time frame to repay your balance back to the lender along with the interest. However, your repayment terms can vary between a few months.
Top Reasons to Get Unsecured Personal Loans from us
- Bad credit history is welcome
- No hidden charges
- Minimum documentation
- Quick and guaranteed loans
- Available at the lowest APR
- 100 % customer satisfaction
- Flexible terms
- Easy monthly repayment
- Safe & secure
- Processed by a competent team of credit analysts
- From the leading loan provider in the UK
At London Loan Bank, our online loan services have the potential to turn small loan dreams into reality, as we provide the most viable lending solution that you are looking for.
Apply now to get a quote
You could borrow £3,000 over 24 months with 24 monthly repayments of £156.47. Total amount repayable will be £5,632.94. Representative 46.8% APR, Annual interest rate (fixed) 46.8%.Terms and conditions apply. Subject to change without notice. UK residents aged 18 to 79 years.