Compare personal loans
A personal loan could help lower your bills quite quickly if you have outstanding credit on credit or store cards, an overdraft, or other more expensive borrowing. A personal loan can be a secured loan or an unsecured loan. As a rough guide, you should consider a secured personal loan if you need to borrow so much money that it will take over 10 years to pay it back. Unsecured personal loans are great if you have a good credit history and will be able to afford monthly payments that result in your personal loan being paid back in anything from 12 months to 120 months.
Check out the personal loans comparison to see what the monthly payments on the amount you're thinking of raising might be. Remember you could save money by settling existing outstanding borrowing you have on credit or store cards, or other more expensive ways of buying things or raising money.
What can I use a personal loan for?
You can usually use a personal loan for anything at all. Popular reasons people get personal loan quotes include debt consolidation, home improvements, buying a car, getting married, or funding a great holiday - maybe even all of those! You may be asked during the course of your personal loan application what you will be using the money for, but what you put is not as likely to influence the outcome of your application as your overall credit score.
Bills that remain unpaid can result in default notices that appear on your credit report. Lenders want to ensure products, such as the lowest rate personal loan, are made available to creditworthy customers. If you use LowerMyBills to help you find a 0% balance transfer credit card now, your own money could go further and make it easier to ensure you don’t miss payments and fall into default.
How do I get a low interest personal loan?
If you have a good, clear credit report, you should have no trouble finding a good low interest personal loan that you'll be accepted for when you compare personal loans using LowerMyBills. However, it's a good idea to check your credit report before you apply for a personal loan. You can do this using CreditExpert. Late payments on your credit report can be amended or removedif they are inaccurate or out of date. If your credit report is up to date and shows a late payment history, a secured personal loan may be your only option.
Okay, I want to see if I could get lower bills with a low interest personal loan!
Compare personal loan rates and you may be only one step away from securing the money you need, when you need it - now!
You could be only a few steps away from lower bills each month thanks to a low rate personal loan!
Experian® - the company behind LowerMyBills – also provides CreditExpert, which gives you access to your credit report and score enabling you to see what lenders see about you when they make a decision about which financial products or services are available to you.
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