Loan is secured against your house or any other asset
Defaulting on repayments could place your assets at an increased risk
Failing continually to carry on with with your payment routine will effect on your credit history
Instead, phone COMPLIMENTARY on 0800 694 5566 Open round the clock.
Home owner prices, from 2.9percent
What’s a loan that is secured?
A secured loan is a variety of loan guaranteed in full by a certain asset which you have, such as for example your house or automobile. Regardless of the asset, using down a guaranteed loan frequently means it is possible to borrow more income as a more reliable borrower with lower risk attached than you would otherwise have been able to as potential lenders see you.
Great things about picking a secured loan
By having a loan that is secured you’ll usually discover that payment periods are much much longer, rates of interest are lower and credit quantities are greater.