Finance Information Directory from Online Consumer Information Services

BOOKMARK THIS PAGE | HOME
OCIS Online Consumer Information Services
CONFUSED? - You WON'T BE with US!
Let . . . OCIS Financial Information HELP YOU . . . NOW!

OCIS - Online Information Directory, Loans Information, Mortgage Information, Retail Information and more!

Why Choose OCIS?Choose OCIS
Quality Information and resources! Comprehensive summary on all companies and institutions that OCIS deal with!
Simple navigation for ease of use! No pop ups!
In a hurry? You will find direct links from this portal to all of our web sites.
If it's information you are after, then click Finance Information Index for specific information as well as lots of useful FREE advice.

Loan Information - What is an Unsecured Loan?

 

Unsecured Loan

 

About Unsecured Loans

An unsecured loan is a loan that is not backed by collateral or assets used for security. If you fail to keep up with repayments, the loan provider will have to undertake legal proceedings to recover the money, your home will not be at risk or any other asset. There are some differences in the interest rates that are charged on the secured and unsecured loans. Secured loans generally have a lower rate of interest since they carry less risk to the lender than the unsecured type and the repayments can also be made over a longer period of time.

 

List of Major Secured Loan Providers

List of Major Unsecured Loan Providers

List of Major Debt Consolidation Loan Providers

OCIS provide general financial information, we urge you to consult an Independent Financial Adviser ( IFA )
before making any important decisions about your finances.