If you want to raise money for most purposes but do not want to offer your home as security then an unsecured loan could be solution.

For an unsecured loan amount and period you can borrow varies. Lenders offer loans even as small as £500 and can go up to £25,000. The repayment period can be anywhere between six months to ten years.

Unsecured loans are offered by banks, building societies and also by larger supermarkets chains.

Whatever you need it for there are a few things to consider before applying for an unsecured loan.

With an unsecured loan, lender has no claim on any particular asset. Unsecured lending is generally more risky than secured lending, which is reflected in relative rates of interest.

An unsecured loan is actually a loan where lender has no claim on a homeowner's property in case person fails to repay. The lender is solely relying on ability of borrower to meet their loan borrowing repayments.

The Treasury Department inspector general conducted a study to see if IRS employees could be manipulated into providing information that would compromise computer security. Treasury Department inspectors called IRS agents and managers posing as computer technicians. The inspectors told employees that they were trying to fix problems with computer network platform. They then asked employess to provide login and passwords for their administrative accounts. More than one-third of agents provided information and even allowed inspectors to change passwords.