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Unsecured Loan

An unsecured loan is the name for a loan that does not use anything you own as security. Therefore you cannot lose your home directly if you don’t make the payments – but you can be taken to court and end up having to pay back the money. Your ‘credit rating‘ may also be affected if this happens – this means that most financial companies will refuse to lend you money.


 

Utility Bills

The bills for electricity, water, gas and telephone


 



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