UK Unsecured Tenant Loans for Non-Homeowners

At Dragon Finance we arrange UK Unsecured Loans. An Unsecured Loan is a Personal Loan for someone who lives in rented property or lives with their parents. Homeowners CLICK HERE for a Secured Loan

Unsecured or Secured Loan?

A Tenant will not have a home to offer as security. Lenders class this as high risk so the interest rate will be higher than a Secured Loan. This shouldn't stop you applying for a Tenant Loan because keeping up regular payments on a loan would improve your Credit Rating if in the future you consider a Mortgage or other Loan.

Unsecured Loan is a Tenant Loan?

If you live in a Council Property or Housing Association Property you will have NO SECURITY! Your job or contract makes you unable to actually own property or have any security or equity for loan commitments. All enquiries will be dealt with on a case-by-case basis. Some Lenders will lend to Tenants with some Adverse Credit History and the Independent Financial Advisors Dragon Finance refer to will try to find an Unsecured Loan for you.

Will I be able to get an Unsecured Loan?

Your chances of obtaining a Tenant Loan or Unsecured Loan will be greatly enhanced if you can answer YES to most of the following:

You are currently in salaried employment
You have lived at your current address for over 12 months.
You have your own UK bank account
You have a credit/store card and keep up regular payments
You have a savings account to which you make regular payments
You have NO CCJ's, rent arrears or bankruptcy history

Unsecured Tenant Loan - The Benefit:

An easy and manageable route to generating extra cash.
You can use the cash for any purpose - for example, debt consolidation, home improvements, buying a car or going on holiday.
Using this for Debt Consolidation means that with one single payment each month, you have more control over YOUR monthly budget.
Repayment period can be anything from 3 - 25 years.
Protected payment plans can provide extra peace of mind.

The use of a Dragon Finance Unsecured Loan

Debt Consolidation, Home Improvements, Car Loan, Caravan Loan, Deposit for House, Business Purposes, Christmas Cash, Funeral, Holiday, Boat Loan, Motorbike Loan, Deposit for Other, Cosmetic Surgery, Wedding and Debt Management

What are my options?

Mainstream lenders only want high scores and Full Status Loans. If you are Non Status then you will require a Non Status Unsecured Loan. Some of these will offer you a non status loan but at a much inflated rate.
However, our panel of Independent brokers and lenders will aim to find competitive loan to suit your score, good or bad.

Apply Online Today: It's FREE and with NO OBLIGATION

UK Homeowner - SECURED LOAN APPLICATION FORM
UK Non-Homeowner - UNSECURED LOAN APPLICATION FORM
UK Mortgage - MORTGAGE APPLICATION FORM
UK Remortgage - REMORTGAGE APPLICATION FORM