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    other reason for the growing popularity of unsecured credit is its ‘no collateral’ attribute. We all know that in the world of credit, presence of collateral en
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    However, payment cards have two major drawbacks that have remained unnoticed for years – very high interest rates and restricted amount, leading to multiple cards and multiple high interest card debts. Research shows that people are slowly but surely becoming aware of the above-stated limitations of payment cards. Another reason for the growing popularity of unsecured credit is its ‘no collateral’ attribute. We all know that in the world of credit, presence of collateral en

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    p>However, payment cards have two major drawbacks that have remained unnoticed for years – very high interest rates and restricted amount, leading to multiple cards and multiple high interest card debts. Research shows that people are slowly but surely becoming aware of the above-stated limitations of payment cards. Another reason for the growing popularity of unsecured credit is its ‘no collateral’ attribute. We all know that in the world of credit, presence of collateral en
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    ards and multiple high interest card debts. Research shows that people are slowly but surely becoming aware of the above-stated limitations of payment cards. Another reason for the growing popularity of unsecured credit is its ‘no collateral’ attribute. We all know that in the world of credit, presence of collateral en
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    other reason for the growing popularity of unsecured credit is its ‘no collateral’ attribute. We all know that in the world of credit, presence of collateral ensures quick attention and maximum loan benefits like high credit range, low APR, flexible repayment methods and negotiable loan clauses. However, pledging collateral is neither always required nor it is possible for all.Hence unsecured loans are the best alternative for people who are unwilling to get into property related legalities and risk their property for a small amount (homeowners and property owners), and the only alternative for people who do not own any valuable asset to pledge (tenants and students).

    As unsecured credit is obtainable without pledging collateral, any UK resident over 18 years of age – tenants, homeown

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