Secured Loans (14.5% APR typical variable)
Debt Consolidate offer secured loans so that you can utilise any equity available in your home. A secured loan is often known as a homeowner loan, and is where the borrower provides the lender with a form of security against the loan, which is usually their property.
Debt Consolidate can provide a range of secured loan terms, including:
- A loan from £3,000 to £100,000.
- Long repayment periods.
- Low interest rates.
- Quick application process.
- Proof of income or employment is not always required.
- Secured loans starting from just 14.5% APR Variable.
Why a Secured Loan?
There are many reasons that you may want to take advantage of s secured loan, such as to consolidate all your existing high-interest debt, which may include credit cards, store cards, unsecured loans and overdrafts. Your secured loan will replace these with just one convenient monthly repayment.
If you have been turned down for an unsecured loan or need to borrow a large amount (typically unsecured lenders will not lend more than £15,000), then a secured loan is for you.
Do not worry if you have adverse credit, county court judgments (CCJ's) or mortgage arrears. You may still qualify for a secured loan.
Free Secured Loan Advice from Debt Consolidate
For more information on your options, please contact our freephone number on 0808 131 9105.
LOANS MAY BE SECURED ON YOUR HOME. THINK CAREFULLY BEFORE SECURING DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
DebtConsolidate.co.uk is a trading name of Ask Finance Ltd, which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.