Your Personal Loans
Authority Finance provides customers access to a personal service from our experienced network of brokers, who offer loans tailor made just for you.
Unsecured Personal Loans
Our network of brokers will compare unsecured loans that may charge lower rate APRs. The lower the interest rate, the cheaper your loan and the less you will pay back overall.
- Poor credit? Bad Credit Considered!
- Compare Over 200 Loans
- Competitive Affordable Rates
- Loans from £500 - £100,000
Note: authorityfinance.co.uk (this site) does not offer loans or regulated financial advice to UK consumers and is for informational purposes only. We put you in touch with regulated loan brokers who will contact you to discuss your loan requirements.
Secured Homeowner Loans
Secured loans are in general, used by homeowners for large, long term borrowing as your property is used as security for repayments. Compare secured loan rates with the help of expert brokers.
- Compare low interest loans
- Simple Process
- No upfront fees, no obligation
- Loans from £500 - £1,000,000+
Top Loan Tips
In the UK today, there are many loan companies who may offer you credit or lend money, for example credit card companies, pawn brokers, or payday lenders.
But how do you know they can legally offer loans?
1. Beware of Upfront Fees
You should beware of loan companies requiring customers to pay an upfront loan application or approval fees. Carefully consider why these companies need you to provide your bank details and the full costs involved. Check the terms and conditions.
2. Avoid Loan Fee Fraud
Have you been asked to pay any upfront fees when applying for a loan?
A lender or call centre operator may call you or send you unsolicited SMS text messages completely out of the blue. Then they will ask you to make payments into a bank account or use a money transfer service like Western Union before any loan can be either approved or released. This may be a scam.
3. How to protect yourself from being scammed
First, check if you are dealing with a regulated firm. Check the Consumer Credit Register to see if a firm can legally offer loans and credit.
Personal Loans and Credit
Low rate loans are considered to be a great method to borrow amounts from £1,000 to £25,000. However, if you're in need of a much bigger amount of up to £100,000, then, in this instance, a secured loan or a home owner loan would be ideal for you. However, no matter how much you're going to borrow, it would be sensible if you're going to take some simple steps in ensuring that you're taking out the best as well as the appropriate loan for you.
As we all know, there are many methods in borrowing money; hence, you have to ask yourself whether getting affordable loans online would be the best alternative for you. So, before you take out a loan, please consider the following:
Is getting a loan the right option for you?
Whenever you're considering the ways on how to get the money that you need, it's essential to predetermine the amount of money that you need as well as how long are you going to pay for it.
For those who are in need of smaller amounts over shorter terms, it would be better if they're going to utilise a 0% credit card or a bank overdraft and those who are in need of much bigger amount could just consider in having an extension with their mortgage than getting another loan.
Won't you have difficulties in repaying?
Before signing up or applying for a certain loan, try to assess your situation whether you won't be having difficulties in keeping up your repayments. Because if so, you would be risked in getting penalty charges as well as to damage your credit history, which only means that to be eligible in getting the best deals in the near future would be gone too. There's also a possibility that you're going to lose your home, in the event that you've utilised it as a security.
Fortunately, low rate loans comparison can give you some idea about the monthly repayments that you're going to have as well as the total amount of your repayments. Apart from that, our lending partners could give you more information about the best loans rates which could make you ensure that your debts are still in your control.
How sure are you that you've getting the finest deal?
Well, whichever kind of loan you've selected to take, as what was mentioned earlier, to shop around for the best deals as well as the lowest rate of interest would still be the most ideal thing for you to do. Whether you've opted for a homeowner loan, secured loan, or just a personal loan, using our quote form to contact a regulated broker would make the task of choosing the best amongst hundreds of affordable loans from various lenders, a simple and transparent process for you.
Doing this would just take a few minutes of your time. You can do it by means of providing some information about you such as your name, your yearly incomes as well as how much would you want to borrow. So, check whether you're taking the best affordable loans.
Secured Loans - How do they work?
A borrower, particularly one who has a history of bad credit, should think carefully assessing their credit requirements and the ability to meet repayments. For uk secured loans, the criteria is somewhat different. It is usually expected that applicants be over eighteen years old, have a valid bank account and a property to secure the loan on.
Your existing property can help you to find a better loan amount and you may even use the money to renovate your home. The property's market value will determine how much money you can borrow as a loan.
There are advantages and disadvantages to any of those arrangements, obviously. It's wise for a borrower to look at all the alternative options when choosing a secured loan.
Only a few simple steps are required to get your application procedure completed. For what purposes can you use the money from the loan? How quickly can I get a loan? These and many more questions can be answered when you apply for affordable loans online, during which our lending partners will walk you through the process, discussing each and every purpose that you can use the loan for thoroughly.