Refused a Secured Loan?
For whatever you need a secured loan, we can help. We've a excellent relationship with most lenders, so we're sure we'll find the best deal for you.
Why take a Secured Loan ?
1. You have been refused an unsecured loan.
2. You need to borrow a large amount, typically unsecured lenders will not lend more than £15,000.
3. To repay your loan over a longer term.
1. You have been refused an unsecured loan.
2. You need to borrow a large amount, typically unsecured lenders will not lend more than £15,000.
3. To repay your loan over a longer term.
How much will it cost me ?
Every person is an individual, that´s why we tailor our loans to suit your personal circumstances. We will need to take further details to give you an individual quotation.
How long will it take ?
We can usually pay out on secured loans within 4 weeks following receipt of fully completed application. Each application is processed individually.
Typical example: Customer has 1 CCJ of £1,000 and 4 defaults totalling £3,500. Customer wants to borrow £10,000. A brokers of £500 and application fee of £250 is added to the loan. Total borrowing is £11,000 to be repaid over 10 yrs. Variable rate of 12.30% (fixed margin of 7.5% over LIBOR, currently 4.80%)
Monthly payment £156.10, total repayable £18,732
Current initial interest rates, range from 8.90% to 17.7%. The average overall cost for comparison is 15.10% APR variable.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration. Early repayment charges may apply and will vary depending on the loan you choose.
Example based on secured loan completions between 01/03/06-26/06/06