Dave Beard

Expertly compared by Dave Beard

Products Updated February 19, 2021

Discover More Options

Compare Unsecured Loans – Use Our Calculator Below!

Use the comparison tables provided by Lending Expert to compare unsecured loans and find the best rates and terms for you. If you are looking to borrow £1,000 to £25,000, you can also filter the amount and time period and the results will update automatically. You just need to click on ‘check my eligibility’ to get started – you can get an instant decision and funds are usually available on the same day of applying.

The actual rate you're offered will depend on your personal circumstances – including your credit rating.

18 providers expertly compared:

Natwest Bank

Loan Amount
£7,500 - £19,950

Annual Percentage Rate (APR)
3.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.8/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.9%

Total repaid will be:

£50,805

With the Natwest if you're thinking about buying a new car, getting your your finances in order or making some new home improvements then a loan from the Natwest could be just what you need.

Representative Example

18 providers expertly compared:

Royal Bank of Scotland

Loan Amount
£1,000 - £50,000

Annual Percentage Rate (APR)
3.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.9%

Total repaid will be:

£50,805

To apply, you must be 18+ and a UK resident with a Royal Bank of Scotland current account (held for 3+ months). Borrowing money is a big decision. But with a personal loan from the RBS, it doesn't have to be a headache.

Representative Example

18 providers expertly compared:

Hastings Direct

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.8%

Loan Term
0 - 5 years

Loan Type
Unsecured Personal Loan

Status

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.8%

Total repaid will be:

£50,805

If you're looking to replace your car, planning on some new home improvements, or you simply wish to get your finances in order, a personal loan from Hastings Direct could be the funding solution you're looking for.

Representative Example

18 providers expertly compared:

Post Office

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.1%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.1%

Total repaid will be:

£50,805

Loans from the Post Office are provided by Bank of Ireland UK. Post Office Limited is a credit broker and not a lender. Terms from 1 year to 7 years, depending on the amount borrowed and funds could be transferred the following day with an instant lending decision in most cases.

Representative Example

18 providers expertly compared:

AA Loans

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
3.1%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

3.1%

Total repaid will be:

£50,805

The AA don't just keep cars on the road, they can help keep your finances running smoothly too. Whether it's a new purchase, a holiday in the sun or getting some help to manage your existing debt the AA is here to help with a personal loan.

Representative Example

18 providers expertly compared:

Leap

Loan Amount
£100 - £15,000

Annual Percentage Rate (APR)
4%

Loan Term
1 - 6 years

Loan Type
Peer-to-Peer Loan

Status
Homeowners & Tenants

Rated 4.8/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

4%

Total repaid will be:

£50,805

Leap's aim is to help streamline your debts with a low-interest peer-to-peer loan, so you’ll have more money to do more of what you love doing.

18 providers expertly compared:

Lending Works

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
7.9%

Loan Term
1 - 5 years

Loan Type
Peer-to-Peer Loans

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

7.9%

Total repaid will be:

£50,805

Lending Works is a peer to peer lender that connects people that want to invest their money with borrowers who want to get a better rate on their personal loan. Loans available from £1,000 to £25,000 over 1 -5 years.

18 providers expertly compared:

Zopa

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
9.9%

Loan Term
1 - 7 years

Loan Type
Peer to Peer Lender

Status
Homeowners & Tenants

Rated 5.0/ 5

Good Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

9.9%

Total repaid will be:

£50,805

Zopa directly match people looking for a personal loan with people looking to invest. It's their way of making money simple and fair. Since 2005 Zopa have approved a staggering £2.92 billion in loans.

Representative Example

18 providers expertly compared:

My Community Finance

Loan Amount
£1,500 - £25,000

Annual Percentage Rate (APR)
23.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.5/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

23.9%

Total repaid will be:

£50,805

My Community Finance have taken inspiration from the past to build a better financial future - where community matters. They’re a network of Credit Unions and ethical lenders. My Community Finance looks to give everyone access to fairly priced financial products.

Representative Example

18 providers expertly compared:

Lendable

Loan Amount
£1,000 - £25,000

Annual Percentage Rate (APR)
27.9%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.3/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

27.9%

Total repaid will be:

£50,805

Lenable offer fast loans at fair rates. See your rate before you apply - it won’t affect your credit score. Lendable offer a paperless application with instant quotes. You can manage your loan online, top up, repay early without a settlement fee.

Representative Example

18 providers expertly compared:

Oplo

Loan Amount
£2,000 - £15,000

Annual Percentage Rate (APR)
18.2%

Loan Term
2 - 6 years

Loan Type
Poor Credit Lender

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

18.2%

Total repaid will be:

£50,805

Oplo Personal Loans offer unsecured personal loans from £2,000 to £15,000. Whether you’re looking to buy a new car, a new kitchen or thinking of any type of major purchase they can help secure the funding you need.

Representative Example

18 providers expertly compared:

CarFinance247

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £250,000

Annual Percentage Rate (APR)
24.9%

Loan Term
1 - 7 years

Loan Type
Vehicle Finance Broker

Status
Homeowners & Tenants

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

24.9%

Total repaid will be:

£50,805

Finance for cars, motorbikes, vans and motorhomes. We make the process hassle-free & provide the customers with a helping hand throughout. Our aim is to get the best possible finance deal, whilst providing an efficient service of the highest quality.

Representative Example

18 providers expertly compared:

Trust Two

Loan Amount
£500 - £10,000

Annual Percentage Rate (APR)
43.8%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status
Homeowners & Tenants

Rated 5.0/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

43.8%

Total repaid will be:

£50,805

With Trust Two you could borrow up to £10,000, in your own name, by asking a relative or friend to guarantee that you'll repay it. Apply online and, once you and your Guarantor are approved, on average you'll have the money within 3 days.

Check My Eligibility
Application Criteria?

Application criteria for this product is:

  • Min age: 21
  • Max Age: 70
  • Homeowners & Non Homeowners Accepted:

Representative Example

18 providers expertly compared:

Koyo

Why?

This provider is our Expert’s Choice in its category as it won tops marks for the following.

  • TRUST
  • VALUE
  • EXPERTISE & KNOWLEDGE
  • CUSTOMER SERVICE

Learn more about how we review and assess the providers here on Lending Expert.

Loan Amount
£1,000 - £7,500

Annual Percentage Rate (APR)
27%

Loan Term
1 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.4/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

27%

Total repaid will be:

£50,805

Koyo offers one-day loan approval and they normally give a decision after 1 full working day. Once approved, Koyo says the money could be in your account within 1 working day.

Representative Example

18 providers expertly compared:

Everyday Loans

Loan Amount
£1,000 - £15,000

Annual Percentage Rate (APR)
93.6%

Loan Term
2 - 5 years

Loan Type
Unsecured Personal Loan

Status
Homeowners & Tenants

Rated 4.3/ 5

Poor Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

93.6%

Total repaid will be:

£50,805

With everyday loans, you're more than just your credit score. Here at everyday we look at your credit future, not just your credit history. As such even if you have bad credit now or you've had a poor credit score in the past, we may be able to help.

Representative Example

18 providers expertly compared:

Uk Credit

Loan Amount
£5,000 - £20,000

Annual Percentage Rate (APR)
19.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status
Homeowners & Tenants

Rated 5.0/ 5

Poor Credit

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

19.9%

Total repaid will be:

£50,805

Trusted, simple guarantor loans from £5,000 to £20,000. With the help of a friend or relative to guarantee your loan UK Credit could get you the cash you need.

Representative Example

18 providers expertly compared:

George Banco

Loan Amount
£1,000 - £15,000

Annual Percentage Rate (APR)
36.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status

Rated 4.2/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

36.9%

Total repaid will be:

£50,805

With George Banco all you need is a friend or family member who knows and trusts you, who can support the loan if for any reason you are unable to make a your payments. Get an instant online quote with no ill effect on your credit score.

Representative Example

18 providers expertly compared:

Buddy Loans

Loan Amount
£999 - £10,000

Annual Percentage Rate (APR)
49.9%

Loan Term
1 - 5 years

Loan Type
Guarantor Loan

Status

Rated 4.2/ 5

All credit types

Your monthly payment will be:

£169.35

Interest on this loan will be:

£18,805

Annual Percentage Rate (APR):

49.9%

Total repaid will be:

£50,805

At Buddy Loans their goal is to pay out your money on the same day of the application and they will still consider your application if you can afford it, even if you have CCJs or DEFAULTS. Buddy Loans can be used for any purpose such as debt consolidation, car purchase or home improvements.

Representative Example

Read our customer and visitor reviews for this product:

Rating: 4.5 / 5 with 2 votes

Good comparison

by Mandy Thomson

Good comparison service and lenders to choose from. Easy application form.

Plently of loans to choose from

by SL

These facility by Feasible.co.uk provided many solutions and gave me choice of several lenders as part of the search. Vey fast and no issues using them. Quick to phone me back also.

Should I Apply for an Unsecured Loan?

An unsecured loan means that you borrow up to £25,000 without putting down anything as collateral. Your eligibility for a loan is based on your income and credit rating, rather than the value of your home or car. 

So for the borrower, it is pretty low risk and therefore if you are unable to keep up with your repayments, you will not risk losing your home or vehicle through repossession, but it will have an impact on your credit score.

Lending Expert offers a simple way to compare unsecured loans, using our table provided to see loan amounts, rates and terms from a number of competitive lenders across the UK. An application takes less than 5 minutes to complete and you will usually get an instant decision on the screen. 

 

Key Features from Our Unsecured Lenders

  • Borrow £1,000 to £25,000
  • Repaid over 1 to 5 years
  • Rates from 3.8% APR
  • Not secured against your house or car
  • Same day funding
  • Direct lenders
  • Bad credit considered
  • No guarantor required

 

What Are The Types of Unsecured Loans? 

  •     Payday loans
  •     Personal loans
  •     Home improvement loans
  •     Debt consolidation loans
  •     Business loans

 

What is The Criteria for Unsecured Loans in the UK? 

  •     18 or over
  •     UK resident
  •     Employed and able to cover monthly repayments
  •     Valid UK bank account, email address and contact number
  •     Good or average credit score
  •     No recent defaults, CCJs, IVAs or bankruptcy

 

Why Compare Unsecured Loans with Lending Expert?

Lending Expert allows you to compare unsecured loans and get the best deal for you. There are hundreds of lenders in the UK and each offers very different terms and rates and being able to find them all in one place can help you save time and money, rather than going to each lender individually.

If you compare unsecured loans effectively, you could save a few hundred pounds and find the exact loan term and duration that you need.

Our entire service is free to use and always will be. Your details are kept safely and securely and we will not pass on your information to any other companies with your permission.

We have spent years partnering with the best unsecured loans companies and have matched thousands of customers to the right lenders so far. We are a broker which is regulated and authorised by the Financial Conduct Authority.

 

How Much Can I Borrow with Unsecured Loans?

We offer unsecured loans from £1,000 to £25,000 and the amount you can borrow is based on your income, affordability and credit score. If you wish to borrow the maximum amount, this will need to be reflected in your credit rating, monthly income and expenses to ensure that you afford the monthly repayments without falling into financial difficulty.

 

What Information Do I Need To Apply for an Unsecured Loan?

When you apply for an unsecured loan, it is actually one of the most straightforward loan applications. Since there are no assets or collateral involved, you simply apply with basic information such as your name, age, contact details, address, monthly income, expenses and loan requirements. 

Your eligibility is mostly based on your income and credit score – so our partner lenders will run some basic checks behind the scenes to be able to give you a provisional quote.

 

Can I Get Unsecured Loans for Bad Credit?

Yes, unsecured loans for bad credit are available, but the lender may charge a higher rate to manage the risk. Some of the unsecured lenders that we work with are willing to take a view on bad credit histories, provided that you have made a number of recent payments and are improving your financial situation.

If you do not have any collateral or want to use your home or car as security, you can look at applying for a guarantor loan, which means that you just need an extra person with a good credit rating to co-sign your loan agreement.

 

How Soon Can I Receive Funds?

When you compare unsecured lenders through our website, you can choose the one best suited to you. You will undergo some final checks which are completed on the same day of applying and successful customers can usually receive funds within 24 hours or less.

 

How To Apply for Unsecured Loans Online with Lending Expert

Our process is simple. Compare rates and loan amounts using the comparison table provided and simply click on ‘check eligibility’ with the unsecured lender that meets your requirements.

You will be taken to their website and asked to complete some basic information. Working with unsecured loans direct lenders, they are able to run some instant checks and provide you with a free quotation on the screen. 

If you wish to proceed, the lender will carry out some additional checks which could include a quick phone call to you to confirm some details. If everything is on track, your loan can be approved and funds can be sent to you on the same day of applying. 

There are no fees for applying and checking your eligibility will not impact your credit score. Lending Expert is proud to offer a free, clear and transparent service, helping you get approved for affordable loans and save you money where we can!

FAQ

Yes, we proudly work with 23 unsecured lenders in the UK and they are direct lenders, meaning that they will process your application from start to finish, deposit funds into your account and collect repayments, with no other middlemen, brokers or fees included.

No, it is completely free to apply. The only fees you will pay will be the monthly interest accrued on your loan and any late fees for missed repayment.

Low rate unsecured loans are available from just 3.8% APR and these are usually available for borrowers with the strongest credit scores, stable incomes and low outstanding debt across other products they owe. This makes the individual a low-risk to lend to, so they can usually get a loan offer at a low APR.

No, you will not need a guarantor for an unsecured loan, it simply involves you applying directly with the lender. If you have bad credit, you may consider using our guarantor loan option to help you boost your chances of approval.

Repayments are typically made in equal monthly instalments over the 1 to 5 years of the loan term. This may vary between lenders and also based on whether you borrow at a fixed or variable rate. Always check the terms of your agreement.

An unsecured loans means that your loan is not secured against anything valuable like a car or home to be eligible. Your eligibility is based on things like credit score, income and record of paying other forms of credit on time. But if you cannot repay your loan, the lender does not and cannot repossess anything you owe.

With secured loans, your loan is secured against something valuable that you own like a property, vehicle, jewellery or even art. The amount you can borrow is based on the value of the asset and you risk losing this if you cannot meet repayments on time.

If you fall behind on repayments, you will incur late fees and it will negatively impact your credit score. Being unsecured, the lender cannot repossess anything you own.

Related Links

Unsecured Loans

Apply for unsecured loans with repayment terms from 1 - 25 years. Solutions for all credit types from our panel of direct lenders and brokers.

Secured Loans

Compare secured loan with our approved secured loan brokers at Lending Expert. Get expert advice and a quick quote online.

Guarantor Loans

Apply and get the loan you need with the help of a guarantor. Compare the cheapest guarantor lenders on Lending Expert.

Business Loans

Get the business you need from our finance brokers and direct lenders online. Check your eligibility with Lending Expert.

Payday Loans

Compare from our direct lenders and brokers. Apply online today.

Homeowner Loans

Loans for UK homeowners. Get expert advice from Lending Experts' brokers.

Car Finance

Get finance deals from our expert panel of brokers and direct lenders.

Bridging Loans

Apply online and get short term bridging finance with our expert loan brokers.

Bad Credit Loans

If you have credit issues then we can still help. Lending Expert will check your eligibility and you can apply direct online today.

Logbook Loans

Compare and apply with UK logbook lenders online here at Lending Expert.

Debt Consolidation Loans

Consolidate debts with an unsecured debt consolidation loan from Lending Expert.

No Guarantor Loans

Get a bad credit loan with no guarantor required today. Check your eligibility and apply online today with Lending Expert.