An unsecured loan could be a good option if you’re looking to borrow money. Typically, unsecured loans are for people who have a fair to good credit score.
Perhaps you have been building up your credit score for a while but you’re not yet able to ask your bank for a loan.
One big advantage of unsecured personal loans is you don’t have to be a home owner to apply. If you do own your home, it will not be used to secure your loan.
Another advantage is that with an unsecured loan, payments are usually fixed so you know what you’ll be paying each month. Once you’re making repayments, this can help you build up your credit score even more.
You could borrow from £1000 to £5000, and with an unsecured loan from Bamboo the money could be in your bank account today.
Once you’ve decided how much you’d like to borrow, simply complete an online form with a few details including your bank account details, employer details and recent addresses. We’ll take a look and make a quick decision on the best unsecured loan for you.
Our decision will be based on a number of things, including your current credit score. You’ll see at a glance what your monthly repayments will be, the total length of the loan and the APR (Annual Percentage Rate of interest).
Why not see what we could offer you today? With Bamboo’s free quote service, there’s absolutely no impact on your credit score. It takes just five minutes and a few details to get your loan quote.
With a guarantor loan, you choose somebody to act as your guarantor, which means they vouch for you being able to make your loan repayments. If you’re unable to make your repayments for any reason, they agree to cover them.
This can be ideal if you don’t have a great credit score. However, if your credit score is fair to good, an unsecured loan may be a better choice for you.
Find out more about guarantor loans
The rate you are offered will depend on your personal circumstances. A guarantee may be required.
On an assumed loan amount of £2,600.00 over 36 months
Rate of interest 41% per annum (fixed)
Representative 49.7% APR
Total amount payable £4,557.89
35 monthly repayments of £126.61 and a final payment of £126.54