Secured loans can seem confusing and complicated. Borrowing money is a big decision! But educating yourself about secured loans can help you avoid the common pitfalls.

Let‘s start by comparing secured loans to two other ways of borrowing money...

Secured loans Vs remortgaging

Secured loans can be compared to a remortgage, however there are big differences that can make secured loans a better choice. Secured loans can be more flexible & more quickly available than remortgages. Also you can usually spend your money on almost anything with secured loans - home improvements, dream holiday, debt consolidation - whereas with a remortgage you can be more limited.

Secured loans Vs unsecured loans

If you have a bad credit history it can be easier to get a secured loan than an unsecured loan because you are using your house as security. Also, because of this, lenders might be prepared to lend you much more than some unsecured lenders.

You will be surprised at how quickly you can get your money with a secured loan. Usually you‘ll get a decision within an hour of applying (subject to demand and confirming your details). Also your money can be paid out in as little as ten days once we receive all the secured loan documents back from you.

Who‘s eligible for secured loans?

All homeowners can apply for secured loans, and we can help with:

- Self employed secured loans
- Bad credit secured loans
- CCJ secured loans