10-Sep

Secured Loans – v – Unsecured Loans

What’s the difference?

Let’s talk about unsecured loans first – this is when there’s no need for you to provide any security or collateral for a loan. Normally the amount you can borrow is less and the interest rate charged is higher than a secured loan rate.

With a secured loan however, you can typically borrow more and at a better finance rate as you’ve provided security over the loan, like a car or property.

A great example is a car loan where we finance you into a vehicle and take security over it until the loan is repaid.

So if you need finance at a great rate, the Loansmart loan application can be completed in under five minutes, so whatever you need, we’re here to help.

 

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Secured Loans – v – Unsecured Loans
Secured Loans – v – Unsecured Loans

Online Loans from Loansmart

– making finance easy with our friendly, fast and efficient loans

* Finance for anything, big-ticket items to engagement rings for example
* Flexible terms
* Great rates
* 3 to 5-minute application

Moving you forward with ‘great’ online loans – Apply Today!

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Frequently Asked Questions

Of course with any loan application, you may have some questions.

On our FAQ’s page, you can get answers for our online loans to the following:

  • What happens once I have completed the Application?
  • What if I have a poor credit rating or defaults?
  • Who will see my application?
  • What do I need to send to you?
  • How do I get my information to you?
  • How do I get my information to you?
  • You have approved my loan, what happens now?
  • What happens once I have signed everything?
  • I can’t find the answer to my query?