Personal loans are the only loans in the creditbazaar that touch most lives. Based on usage, some of the mostsaleable products are:

• Bad credit loans enable bad creditholders to fix their finances and the improve the credit record forthe future
• Business loans enable aspiring orestablished entrepreneurs to give concrete shape to their newventures or new life to existing businesses
• Car loans help people buy and drivetheir desired vehicle ? new or used
• Cosmetic surgery loans help people toachieve the look they always wanted
• Debt consolidation loans enable peopleto consolidate their multiple debts or outstanding amounts into asingle manageable debt
• Education loans and career developmentloans help students and professionals attain the desired knowledgeand fulfil their career ambitions
• Holidayloans ensure that a tight financial situation does not stop peoplefrom taking a break or enjoying the holiday season
• Home improvement loans ensure maximumloan benefits like low APR, flexible repayment options and easy loanterms and conditions to homeowners
• Wedding loans ensure that endlesswedding expenses do not over-shadow the wedding plans of prospectivecouples

The above-mentioned range of personal loanproducts proves that these loans are ?any purpose loans?. Thebasic approval criteria to avail all personal loansremain same ? UK residency, above 18 years of age, credit history,employment status, DTI ratio and the value of the pledged collateral(if applicable).

Please note: The APR (AnnualPercentage Rate) varies according to the type and amount of loanrequired, desired payback option and period, past and current creditrecord and value of the pledged collateral.

have two sub-types. Secured personal loans? for homeowners and property owners, are obtainable by pledgingcollateral. Whereas, unsecured personal loans ? for all, i.e.,homeowners, property owners, tenants and students, are obtainablewithout pledging collateral.

Ability and willingness to pledge collateral isthe basic criteria for opting for a secured or unsecured loan deal.However, the loan seeker must also give importance to thepracticality or feasibility of getting into property relatedlegalities and risking his property for a small amount, along withAPR and other loan benefits.