Consumers may think that having a fat cat or a dumpy-looking dog may appear cute, however, the financial implications involved in having such a pet might not be so attractive.

Such is the assertion of Sainsburys Finance, where in a recently released piece of research it was revealed that a significant number of UK cats and dogs are overweight. In the firms survey, some 43 per cent of these animals were reported to be heavier than is healthy. However, it appears that it is dogs that are most likely to be piling on the pounds, with just a quarter (26 per cent) of canines reported to be obese, with 21 per cent said to be slightly overweight.

Meanwhile, 20 per cent of cats are revealed to have a bit more fat than is good for them. About the same proportion (19 per cent) of felines are obese.

As such, it was suggested that overweight pets could be more likely to require medical treatment. Indeed, seeking a vet could prove to be an expensive experience as the financial services firm points out that its own pet insurance product provides cover for bills up to 7,500 pounds.

However, for those whose animal is in need of medical attention but lack insurance, applying for cheap loans might be of assistance.

Overall, the most common medical conditions revealed to be influenced by pets being overweight were shown to include type two diabetes, osteoarthritis and kidney problems. It was also reported that heart disease and respiratory disorders can be caused as a result of an animal being too heavy.

Commenting on the report, Neal Devine, Sainsburys pet insurance manager, said: "We are seeing a worrying percentage of cats and dogs being taken to the vet who are overweight. People often think they are being kind to their pet by giving it treats, but being overweight can influence and worsen many medical conditions in pets, such as osteoarthritis and respiratory disorders, conditions that can be very uncomfortable for the animal."

He went on to report that the medications and veterinary costs involved in managing long-term health conditions "can add up to a lot of money over the course of the animals lifetime". Mr Devine went on to report that every animal owner that by taking the time to ensure they have a sufficient level of pet insurance for their furry friend they should be able to "avoid getting hit hard in the pocket". However, for those who may have financial concerns that they cannot afford such premiums, he stated that obtaining quality pet insurance need not be expensive and that by shopping around consumers should be able to secure a good deal at a competitive price.

The Sainsburys manager went on to report that as each animal owner has a "duty of care" to their pets, those who are deemed to have not taken reasonable care to make sure their furry friend does not become overweight could find their insurance policy becomes invalid.

Indeed, such consumers could find that they have to dip into funds from their own pockets and purses to meet the cost of medical treatment for their pets. And if their four-legged friends requires particularly expensive medication this could have an impact upon their ability to manage other financial commitments in areas such as personal loan repayments, credit cards and household bills.

Whether on the search for a thoroughbred terrier or a pedigree Persian, those looking for an effective way to buy a pet could find that a personal loan proves to be of assistance. By taking out such a loans borrowers may not only discover they can purchase their dream animal quickly, but are also afforded enough disposable income with which to take out a comprehensive pet insurance policy. A loan could also help those looking to purchase luxury goods and services after a recent study carried out by Fairinvestment showed that men spend a greater proportion of their income on such items than women.