These payday loans bad credit are available in both secured and unsecured form. The simplest way to qualify for the loan amount is through secured loans. In this you have to place some property or valuable item as collateral. These loans are mostly come at a low rate of interest because lender gets an assurance in the form of collateral which he can sell if the borrower defaults to repay.
With secured loans, you can borrow amount ranged from £5000 to £75000, for the specified period of 5 to 25 years. As far as rate of interest is concern, it is quite nominal because the loan amount is secured. We have initiated our services through the online mode so you can reach us with a click of the mouse.
If you are a tenant, or someone who do not want to risk their assets, then we also offer you unsecured bad credit loans In case of unsecured bad credit loans you need not to offer any collateral. But you have to pay little higher rate of interest as compare to secured loans in order to compensate against the risk involved in offering bad credit loans. With these loans you can easily fetch the amount in the range £1000 to £25000, with a repayment term of 1 to 10 years.
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