Loans guides

We have scrutinized loans to explain how to reclaim PPI charges, the difference between secured and unsecured loans, business loans and essential top tips you must read before you borrow.

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How to get a business loan

If you want to take your business to the next level but don’t have the funds to do so, you could consider getting a business loan.

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What is interest?

Borrowing costs money. A lender will usually charge a borrower a percentage of the money lent, rather than a flat fee. This is called interest. This guide covers the basics of how interest works, what it is and what it means for your finances.

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What is a bridging loan?

A bridging loan could help you buy a property while you wait for the sale of your existing home.

What is a credit record?

It is a record of your financial history, including details of when you have borrowed money and the repayments you have made. Here is what else it shows.

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How do business loans work?

If you need funds to help your business grow or expand, a business loan could offer the solution you need. Here is how they work and how to get the right loan for your business.

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6 easy ways to get finance for your business

If you want your business to grow and reach new heights you may need to borrow money. Here is a closer look at your different business finance options.

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How borrowing could boost your business

With the right type of borrowing you could pursue business opportunities that would otherwise pass you by, here's how.

How to apply for a loan

You can apply for a loan online, by phone, by post or in branch, depending on the lender. Here's how the loan application process works and what you need to do.

A beginner's guide to loans

Exactly what is a loan? What can you use it for and how do you get one? Find answers to all your questions about loans here.

4 ways to borrow a small amount of money

Sometimes borrowing a small amount can be trickier or more expensive than taking out a larger loan. Here are some of the cheapest ways to borrow if you only need a small sum.

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9 Top tips for the best deal on a personal loan

Yes, you can still apply for a loan when you retire, but there are several factors you should consider before you do.

Can you still get a loan if you're retiring?

Yes, you can still apply for a loan when you retire, but there are several factors you should consider before you do.

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How to borrow money with bad credit

You can get a personal loan with bad credit, but the rates will likely be high. It can be harder to get a loan with bad credit, and it may be worth trying to improve your score before you apply for a loan.

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How to get a guarantor loan

Asking a friend or family member to be a guarantor could help you get the loan you need. Here is how guarantor loans work and everything you need to know about them.

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How to manage your loan

Keeping a check on your landline tariff can help you save money and quickly resolve problems with your phone company. Here is how to manage your landline service.

How your credit record affects the loan you get

Your credit record has a big impact on the type of loan you can get and how much it will cost. Here is how your credit history affects your loan application and what you can do about it.

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Can you use a personal loan to start a business?

Not many lenders will offer you a personal loan to start a business. There are restrictions and risks, so always check the terms and conditions before you apply.

Peer to peer lending

Peer to peer lending is also known as P2P or crowdfunding. It matches savers wanting a high return with borrowers needing a low interest rate. Peer to peer is closer to investing than it is to saving.

Should you be a guarantor for a loan?

Being a guarantor means helping someone else get a loan. If they fail to meet the repayments, you'll have to pay them instead. It's a serious financial responsibility and one that should not be taken lightly. Before you agree to become a guarantor, you need to consider the risks.

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Should you consolidate your debts?

If you are struggling to keep up with your loan payments, consolidating your debts could help you take back control. Here is how it works and when you should do it.

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What are secured and unsecured loans?

Finding the best loan is not just about getting the cheapest rate, you need to pick between a secured and unsecured loan too. Here is how they work and how to choose the right one.

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What happens if you are unable to pay back your loan?

When you miss a payment on your loan, you'll be charged a fee. You may be issued with a County Court Judgement or have to declare yourself bankrupt if you continue to miss payments.

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What is a homeowner loan?

You could use your property to help you borrow money with a homeowner loan. Here is how they work and what you need to consider before getting one.

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What loans can you apply for when you're self employed?

Getting a loan when you're self-employed can be tricky. But there are still plenty of options. Here's what you need to know to get a loan when you're self-employed.

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Why you should avoid payday loans

Payday loans are a way to get cash fast, but they can be financially dangerous. Here are some alternatives to pay day loans, and what to do if you're struggling to repay a payday loan.

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Should you borrow against your home?

You could have thousands locked up in the value of your home. So if you need to borrow, is taking out a secured loan against your home sensible or something to avoid at all costs?

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What type of loan is right for you?

Picking the right type of loan could make your borrowing cheaper, easier to manage and lower risk. Here is how to choose the right type of loan for your needs.

Can you borrow money for someone else?

While it's possible to take out a loan on someone else's behalf, it carries a lot of risk. Make sure the person you are borrowing for can afford to repay you, or you could be saddled with an unwanted debt.