Secured Loans
A secured loan can be used for almost any purpose: to pay off expensive credit cards and reduce your monthly repayments; for home improvements; even for a new car, a wedding or a holiday.
Secured loans are secured on your property. This means that the lender is taking less of a risk in lending you the money. For this reason the rates may be lower than for unsecured loans. Also secured loans are available to people who may not be eligible for an unsecured loan- for example, those with bad credit or who can't prove their income or whose income comes from benefits or pensions. Larger secured loans are also available depending on how much equity you have in your property.
