Loans fall into two different categories, as detailed below:
Secured Loans
This loan can be used for any purpose. The amount borrowed is secured against your property and is usually repaid over a shorter period than the life of any existing mortgage. These payday loans generally have a very competitive rate of interest, depending upon your circumstances, as the lender has the security of your property if it is not repaid. You must remember that your property may be at risk if you do not keep up the repayments to a secured loan.
PaydayOk deals with many different secured lenders who offer competitive rates tailored to meet your requirements.
Unsecured Loans
This loan can also be used for any purpose. To obtain an unsecured loan, you have to have a good credit history. Unsecured loans usually have a slightly higher interest rate, as there is more risk to the lender if the loan is not repaid.
OnLine Application Form - apply now
You are under no obligation by submitting this form, as all loan quotes are FREE. Please remember that lenders are not obliged to give you a loan and in certain cases, people may be refused. PaydayOk is here to help you and if you are refused a personal loan, our advisors are able to give you information that may help you resolve your financial position.
