Secured Personal Loans
If you are a homeowner you can secure your personal loan against your property. This will provide you with the following benefits:
- Lower rates of interest
- Increased chance of acceptance by lenders
- Can borrow more money
- Longer loan terms
If you have had credit problems in the past such as ccjs you are likely to find it easier to get a secured personal loan rather than an unsecured loan as lenders perceive they are taking less risk with a secured loan. Similarly if you are self employed or have difficulty proving your income a secured personal loan can often eliminate these problems. Free secured personal loan quotation
You can use the proceeds of your loan for any purpose. Some of the main uses are:
- Home Improvements
- Debt Consolidation
- Car
- Holiday
But you are not limited to these options, our personal loans are for any purpose you can think of.
Bear in mind that with a secured personal loan your home is at risk should you get into difficulties making repayments. So you should always think carefully before taking out this type of loan. In reality the problems you will have with an unsecured loan can be just as difficult if you fail to make repayments. The best thing to do is always to make sure you are comfortable with the repayment schedule before you take out any type of loan. If you would like any help or advice complete our simple enquiry form or give us a call on the number above.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. Loans subject to status. Loans may be secured on your home. Calls may be recorded. Rates 7.9% APR to 19.6% APR Variable The overall cost for comparison is 11.9% APR Typical/Variable.
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