Your choice of borrowing as a Tenant.
When you apply for a loan or ask for a loan quotation, you will normally be asked about your residential status. Loan companies and banks use this information as part of the assessment they make about your personal circumstances, before deciding if they can offer you a loan and how much they are prepared to offer. Applicants who do not own all or part of their own home may, depending on other factors, be eligible only for tenant loans. A tenant loan (an unsecured loan) may carry certain restrictions in terms of loan amount and repaymemt periods, but they are available from several companies and we at WiderChoice can help you find a suitable unsecured consolidation loans or indeed any purpose loans deal.

There may be occasions when people in rented accomodation are eligible for loans other than tenant loans. For example young people who have yet to make their first property purchase, or people who are perhaps renting as a temporary measure between house purchases - a common situation today. As in all cases we would suggest you ask for a personalised quote before making any further decisions about which type of loan is best for you.