Secured Loans - The Personal Finance Centre
01482 560800Email help@thepersonalfinancecentre.com

Secured Loans

Are you looking for a secured loan? The Personal Finance Centre staff are experts in all aspects of the secured loan market, with years of experience in finding the best solution for thousands of our customers.

We offer a range of secured loans to suit almost every need. We can provide you with a secured loan that has a flexible repayment plan and low interest rates. Use our loan calculator to check out loan amounts and to see what your payment plan might look like.

Secured loans can offer advantages over other types of loans where you may not fit the customer profile to meet the lending criteria. If you need a finance option with competitive rates and repayments, using your property as equity can give you access to lower rates than traditional loans.

A secured loan offers flexibility and can be used for almost any purpose:

  • Debt consolidation
  • Home improvements
  • Family holidays

Applying for a secured loan with The Personal Finance Centre is easy and we listen to our customers to try and make the process as smooth as possible.

What is a secured loan?

A secured loan or homeowner loan can be a great option if you are looking to borrow a larger sum (upwards of £10,000). Secured loans use your property as security against the loan amount you are looking to receive so it is important to have a realistic payment plan; we can help you with this. Keeping up payments is important as your property could be at risk should you fail to meet the terms of your agreement.

What if I have bad credit?

It can be even easier to get a secured loan over a traditional loan if you have previous credit issues. Having an adverse credit history does not mean you would be unable to apply for a secured loan. If you are concerned about you credit history please call one of our trained advisers on 0844 543 60 10 and they will be happy to talk through your options.

What do I need to apply?

• Main owner of property
• Permanent UK resident
• Employed or claiming a pension
• Able to afford monthly payments

If you feel like you are ready to apply for a secured loan you can use the form below for a no obligation quotation or alternatively you can call one of our friendly advisers for advice on 0844 543 60 10

Representative example: If you borrow £10,000 over 10 years at an annual interest rate of 6.62%, you would make 120 payments of £132.37 per month. The total amount repayable will be £15,884.15 (This includes a lender fee of £595 and a broker fee of £1000 which have been added to the loan). Total charge for credit will be £4289.15. Overall cost for comparison is 10.03% APRC (variable) representative. The Personal Finance Centre is a leading broker and not a lender.

Rates from 2.9% APR. We have a range of plans and rates allowing us to help customers with a range of credit problems.

Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the term of the debt and increasing the total amount you repay.

 

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