Fast. Free. No impact on credit score.
£10,000 - £20,000 loans
Fast. Free. No impact on credit score.This won’t affect your credit score
Whether you’re looking to carry out home renovations, start a new project or consolidate existing debts, a loan of £10,000-£20,000 could help you get started. The kind of loan deal you are offered will vary depending on your personal circumstances.
The type of loan you take out will also affect interest rates, and the overall amount you need to repay. Regardless of which type of loan you’re looking for, there are risks you should be aware of before taking one out.
Secured and unsecured loans offer two different ways of accessing the cash you need. Secured loans are only available to those who own their own home. Loans of this type usually provide better interest rates and allow potential borrowers to borrow larger amounts.
Unsecured loans are more easily accessed by customers with a strong credit rating or those who are looking to borrow smaller amounts. Typically, lenders see these borrowers as a low risk, so don’t need to offer the security of an asset to support their loan application.
It’s important to understand exactly how much you’ll have to pay back and when, so you can plan ahead and keep on top of repayments. Not being able to make your repayments on time could have serious repercussion and you could even risk losing your assets
Our loan calculator can provide you with an estimate before you apply, so you can determine whether or not you can afford to borrow your desired amount.
For example, if you borrow 15k at an interest rate of 4.9% over five years, you would pay back £281.65 a month. The final number will also depend on your personal circumstances.
To start your online application, you’ll need to provide the following:
To help your application along, you may also need to discuss your current debts, financial situation and what you plan to use your loan for. This will help us to identify a suitable loan product for you.
Recent bank statements, mortgage statements or payslips are useful ways of providing all the information necessary for making the process as smooth as possible. A member of our team will get in touch should we require more information.
Click apply for a loan to start your journey
Fill out our online form for your personalised rates
Get the loan that best suits your circumstances
With over 50 years of experience, we source personal loan plans for individuals seeking to borrow £10-20k. Applying for a loan is quick and easy; all you have to do is provide some details regarding your personal and financial circumstances. Our team is more than happy to discuss your financial situation to help you manage your money more effectively.
Once you know how much you need to borrow, you’ll need to consider if you want a secured or unsecured loan.
Secured loans are usually set against your property. Should you not follow the terms of your loan agreement, the lender can take ownership of the property.
An unsecured loan, on the other hand, is exactly how it sounds. It is a personal loan that isn’t based on or protected by an asset. However, as the lender doesn’t offer any collateral, they will take your credit report into consideration to see if you are a trusted borrower.
There are both positives and negatives to both unsecured and secured loans, depending on your current situation. We’re happy to talk you through each process, so you can feel confident in making your decision.
You can use personal secured loans for any purpose, but your lender might want to know what your intentions are. People tend to apply with a specific, large project in mind, such as:
Borrow to raise the funds for the materials you need to redecorate, or build an extension.
Car purchase loans can be cheaper than dealership finance plans, with rates available to suit your requirements.
Save on fees and hassle by clearing other existing debts, in favour of a single monthly repayment, with a debt consolidation loan.
Give your start-up a boost or grow your customer base. Business loans can help give you the edge over your competitors.
These loans generally come as unsecured loans, so pose less risk to your assets - however, the interest rate can often be higher than other loan types.
We are a broker, not a bank - we receive a commission from the lender once the loan application has been completed. We may charge a broker fee of up to 12.5% of the loan amount borrowed, capped at £3,995. We do not charge broker fees on unsecured loans.