Are you in need of a loan? Looking for the best finance deal you can? Then welcome to Start Loans, the best place to find out how to get quick low cost loans online. There are loads of reasons why people need to get extra personal finance. The key in getting a loan is to search from a wide range of loan companies and the deals they offer. And that's exactly what we do at Start Loans.
As an independent finance website, we can compare loans from a panel of lenders to get the right loan offer for your specific needs.
How can I apply for a loan online?
It's easy to do. Just complete our short and simple form which allows us to connect you with a lender to suit your personal circumstances. You will then be given a free loan quote, with no-obligation to accept it if you aren't happy with it.
I have a bad credit history, can I still get a loan?
The simple answer is yes! Many of the lenders we use are able to provide bad credit loans to those with a less than perfect credit rating. So don't worry if you have had a CCJ or missed bill payments in the past - you could still be eligible for a great deal loan.
What's the difference between a Secured Loan and an Unsecured Loan?
There are a few differences, each having advantages over the other. It depends on you personal circumstances as to which type of loan will work out to be the right one for you.
Secured Loans are also called Homeowner loans. You must be currently paying a mortgage to be eligible for this type of personal loan. The amount you borrow will be affected primarily by the equity held within your house, as you will be using your property as security against the loan. Lenders can offer lower interest rates, larger sums of money and longer repayment terms on secured loans, so if you are looking to borrow more than £20,000 over a period of 10-25 years, then a secured loan could be the one for you.
Unsecured Loans are for people who do not have a mortgage, so if you are a tenant or living at home, you can still apply for this kind of loan. Lenders consider unsecured loans slightly riskier from their point of view, because there is no asset protecting the loan. As a rule these generally carry higher interest rates, however there are still some great unsecured loans out there. They are a great way of borrowing smaller amounts of money ranging from £1000 up to £25,000, usually with a repayment period of 1-10 years.
I own my own home outright? Can I get a loan?
Yes you can. You can decide to apply for an unsecured loan, or you can look into taking out a new mortgage which will effectively be a secured loan. Again, these are useful when larger amounts of finance need to be raised or you want to repay the loan over a period of many years.
What can I use my loan for?
There are all kinds of reasons why people get a loan. It could be something simple such as buying a new car, paying for a holiday or consolidating all your current debts. It can also be used to pay for improvements to your home, to pay for your wedding day or cover expensive medical fees. In some cases you can use your loan to pay for tuition fees or helping you set up a new business. In the end the decision is ultimately yours.
So why choose Start Loans? Being independently run we can offer impartial advice, based on the information the lenders provide, so you can be guaranteed to get the right loan for you. So come on, get started with Start Loans.