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Secured Loans |
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Secured Loans
What is a secured loan... a secured loan is a loan secured by collateral. A first or second lien is usually filed on the collateral by the lender. Lenders almost always require an appraisal by a national appraisal firm acceptable to the lender for fixed asset loan.
If you are a Home Owner. (Sorry, This is not for Tenant loans)
You are in full time employment or self-employed for at least 1 year. Minimum Advance £2,000 - Maximum Advance £250,000
If you can produce items like payslip's, accounts if self-employed, proof of address, ID, etc. and have a good credit history, we can get you a very competitive interest rate for your secured loan.
The secured loans rates will normally be cheaper than going with the unsecured loans option.
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Since low rate secured loans can be secured on property, most lenders will approve your cheap secured loan even if you have a bad credit history which make online secured loans very attractive to people who would otherwise not qualify for a UK secured loan from their local bank. A bad credit secured loan is great if you want to raise a large amount; are having problems getting an unsecured loan; or have a poor credit history – you may be able to get a cheap secured loan UK even when you have been turned down for an secured loans.
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