Secured Loans

A secured loan, is any loan that requires the borrower to provide the lender with some form of security. Usually the security will be the borrower's property. Loans secured against property that is already mortgaged are known as second charges.

Why should you consider a Secured Loan?

If you need to raise money, (for instance to consolidate debt) there are various options open to you. Very often, people re-mortgage. However, in certain circumstances, such as if you do not have sufficient equity in your property, or if you will incur redemption penalties if you re-mortgage, a secured loan may be the answer.

Secured Loans aren't just for debt consolidation though. They are usually available for any purpose, and so can be used to raise money for other things. Perhaps you'd like to carry out those long over due home improvements, purchase your dream car, or go on that once in a lifetime holiday.

We arrange secured loans through a range of lenders. Their rates start at just 6.9% APR (with a typical rate of 12.9%).

To receive free advice from our experienced debt consultants, call us today on freephone 0800 093 2245.