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Large Loans

Secured and Unsecured Loans

Looking for a personal loan but keep tripping over red tape and terminology? We’re here to help you every step of the way.

Pegasus Finance are experts in secured and unsecured personal loans offering flexible deals at competitive rates – meaning we can find you an affordable agreement whatever your circumstances.

Get the best deal

From choosing the best loan option for you to giving you a hand with the paperwork, we’re committed to getting you the best deal.

Working with a range of experienced and dedicated lenders helps us to get you a competitive rate on your personal loan – and transfer the money into your account as soon as possible. But before you apply, let’s take a look at the key differences between secured and unsecured loans – so you can decide which option is right for you.

Loan benefits

  • Loans for good and bad credit holders
  • Flexible repayment options
  • Repay over 2 to 20 years
  • Borrow between £5,000 and £100,000
  • Secured and unsecured personal loans available
  • Competitive personal loan rates for all

How do secured loans work?

Secured loans are offered to customers who want to secure their borrowing amount against an asset. Taken out against an asset you own – usually your home – secured personal loans mean that your property acts as security. If you’re unsure whether a secured loan is the best route for you to take, give us a call to talk through your options with one of our friendly and knowledgeable advisors.

Benefits of a secured loan:

  • You won’t need a good credit score to get approved, as the asset used as security gives lenders peace of mind that you aren’t a ‘high-risk’ applicant
  • Interest rates can be lower with secured loans, versus alternatives such as payday and guarantor loans
  • Repayment periods can be significantly longer, giving you ample time to pay off your debt – although your loan will gather more interest over a longer term

questions

Questions? CALL 0800 066 2882

Our experts are always ready to help

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Rates may vary depending on loan amount and individual circumstances. Subject to status.

How do unsecured loans work?

Unsecured loans are particularly suited to customers looking to finance a larger purchase – making them an ideal option for vehicle loans and home improvement finance deals. These sorts of loans aren’t taken out against your assets – meaning the lender will have no claim on your property, should you fail to make the repayments.

Benefits of an unsecured loan:

  • Loans like these tend to be more widely available, giving you greater choice when it comes to securing a competitive deal
  • With unsecured loans, lenders won’t need you to secure your loan against an asset, such as your home
  • This option typically means more flexibility with regards to the amount you’re able to borrow and the length of your repayment term

Remember that it’s important to consider your financial outgoings before you take on any form of loan, and to make sure you can keep up with the repayments. Finance calculators are an ideal way to get a quick quote and determine whether you’ll be able to afford your monthly payments.

What’s next?

Once we’ve talked you through your options and you’ve decided on the most suitable loan for you, we’ll complete all of the necessary paperwork and get the money into your bank account as soon as we can.

If you have any specific concerns or questions surrounding secured and unsecured loans, call the Pegasus Finance team on 0800 066 2882 to find out more – or if you’re ready to apply and want a quick quote before you take the leap, head over to our online personal loan calculator.

Unsecured loans for bad credit holders

Secured loans may be the more popular choice for people with poor credit, but that doesn’t mean applicants with a less than perfect credit history can’t find a loan without securing it against their assets. Unsecured loans for bad credit holders are an option when you apply with Pegasus Personal Finance – and our helpful team are fully equipped to advise on the best options available to you. With an understanding of your circumstances and a wealth of knowledge on the world of personal finance, our staff are experts when it comes to finding unsecured personal loans bad credit holders will love.

Find out more about personal loans for people with bad credit scores.

Unsecured debt consolidation loans

Customers looking to consolidate their existing debts through an unsecured personal loan can find affordable monthly repayments with us. From credit cards and overdrafts to outstanding finance, merging your debt can streamline the repayment process and alleviate some of the associated stress.

Our unsecured debt consolidation loans do exactly what they say on the tin – helping you to consolidate any existing debts into one single monthly repayment, without the lender having any claim to your financial assets if you struggle to keep up with your payments.

Find out more about consolidating your debts.

If you’ve decided which option best suits your circumstances, why not take the next step? Try our personal loan calculator today to see how much you could borrow, or fill in our online application form if you’re ready to get approved.

Calculate My Loan

Monthly Payment £0
Total Repayable £0
(7.9% APR illustration)
Apply Now
Rates may vary depending on loan amount and individual circumstances. Subject to status.