What are personal loans?
Personal loans are used for non-business purposes. Personal loans are of two kinds, secured personal loans and unsecured personal loans.

Who can apply for a personal loan?
Personal loans are available to all residents of the UK, whether tenants or homeowners.

What types of loans are available at Cheap Loans UK?
Cheap personal loans UK, cheap debt consolidation loans UK, cheap home loans UK, cheap home improvement loans UK, cheap car loans, cheap secured loans UK and cheap payday loans are available with Cheap Loans UK.

Is payment protection recommended?
Cheap Loans UK recommends payment protection as it is helpful in case the borrower is not able to make repayments on account of changes in personal circumstances. The borrower is safe since the loan will be paid.

What does APR stand for?
APR or Annual Percentage Rate includes the rate of interest and other charges payable on secured or unsecured loans for the purpose of better comparison.

Can I apply if I have a bad credit history or CCJ against me?
Yes, you can apply.

What are debt consolidation loans?
If you have taken two or more loans simultaneously, we can combine them into a single loan, thus making your repayment terms easier and getting you out of the hassle of making small, fragmented payments. This is what is meant by a debt consolidation loan.