Tenant Loan Section

A personal finance section with information about tenant loans, as well as providing a form for applying for a Tenant Loan.

Are you a UK resident wanting a personal loan but aren't a homeowner? Do you still live at home and are after finance? Have you found applying for a tenant loan difficult, because have a problem credit? Or have your previous applications been turned down?
If you are after a Tenant Loan, then The Grabber is here to help.

Topics covered on this page are:

What is a Tenant Loan | Repayments | APR | Repayment Difficulties | Tenant Loan Jargon Buster -  term index

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Tenant Loan Application Form

The Grabber can help you apply for a tenant loan online, saving you hours surfing the internet or pounding the pavement to find the finance you're after. Spend two minutes completing our tenant loan application form and you'll get a very competitive quote, whatever your credit history and personal circumstance.
The loan can be used for what ever you want, we can even help if you have a problem credit rating and have previously been turned down when applying for a tenant loan. This service from the Grabber is free to use and visitors are under no obligation to accept the tenant loan offered.
Don't wait, fill in a form and Grab that Tenant Loan.

What is a Tenant Loan

A tenant loan, or "unsecured loan" is personal finance which is borrowed and then repaid over a set term. The tenant loan isn't secured upon a home, making it suitable for people who do not own a property, such as those living at home, council tenants or private property renters.
The tenant loans term, is the period of time over which the loan is taken out and then repaid. Many loans come established with set term periods, with higher monthly repayments for shorter terms and lower repayments for longer terms.

Tenant Loans Repayments

The repayments on a tenant loan are calculated using several different criteria and factors.
Along with the amount lent the lenders charge interest on the loan, this is shown as the loans APR. With the capital and the APR, lenders also charge administration fees and arrangement charges.
Taking in all the fees, charges and with the credit rating of the borrower, the lender calculates the overall cost of the tenant loan then divides this by the loans term. This is then presented to you, the borrower, as a monthly repayment amount.

Tenant Loans and APR

The APR charged on a tenant loan varies with each individual lender. The APR is the total cost of the tenant loan for the year, so the higher the APR the higher the repayments, the lower the APR, the smaller the repayments.
Showing the APR is a legal requirement and all lenders must make it clear what it is for their financial products. This makes your searching for a tenant loan easier, as it is a clear indicator for you to compare one lender to another.

Tenant Loan Repayment Difficulties

If you're having repayment difficulties always contact the lender immediately to explain. Having difficulties with repayments is nothing to be ashamed of, there may have been changes to personal circumstances that were not expected. These changes may have affected your ability to pay, they may even be temporary like a redundancy.
Debt can quickly mount up and become daunting. This debt is easier to control and manage if early action is taken and advice sought out. Do not panic or ignore the problem and together with the lender an agreement could be reached that takes account of any currant budgetary conditions and still makes repayments on any outstanding arrears.
Contacting the lender and agreeing to a plan to pay off debt may assist with your credit rating.

Apply Online - Don't delay, fill in a form and Grab that Deal!

Homeowner Loan | Tenant Loan

Terms Index

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