Sep
5
Need £ 5000? There are several ways that you can borrow this money, each with its own advantages and disadvantages. Here is a brief summary of each option. Option 1 - The personal loan This is probably the method of choosing the most people. You can get a low rate - usually between 6% and 15% APR, depending on credit rating. You can choose to borrow money for over 6 months to 5 years. You do not have the money to secure your home and you can usually cashDays. Option 2 - The guaranteed loan This is very similar to a personal loan, but you save on your house. This means that if you can not afford to repay the loan, the loan company can sell your house, the money back, you owe them. In fact this has happened only rarely, but it does mean ...