Should I ask for a secured or unsecured loan?    

Secured loans are only available to homeowners. Normally, unsecured loans are only available for sums up to £15,000 but may go up to £25,000. Depending on your credit rating, a lender may only agree to provide a loan if you provide security.

Basically, the smaller the loan and the shorter the repayment, the more suited your requirement will be to an unsecured loan. However, you will need to discuss the matter with the Loans Consultant from ClickLoans.

Secured loans always take longer to organise as a legal charge has to be registered against your home and the legal work is more complicated than an unsecured loan.

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