Thursday, July 19, 2007

Loans for personal use

Summary: unsecured personal loans are offered without the need for the borrower to put up any security as collateral. These loans are primarily short-term loans. Unsecured loans are given without the need for the borrower to put up any collateral as security. These loans are typically short term in nature; they come with a shorter repayment term and a smaller amount. The range for these loans lies between ₤500 and ₤25000. The interest rates are slightly elevated (compared to secured loans). These loans can be used for a number of purposes, like consolidating debts, funding holiday vacations, financing education etc. There are many places from where one can avail unsecured personal loans. Banks and private institutions are two such places. The private lenders and View the rest of this article


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