Secured Loan FAQs

• Is there a limit to how much I can borrow?

This will obviously depend upon your available income and the amount of collateral available within your property. Subject to these factors we can arrange a loan from a minimum of £10,000 to a maximum of £150,000

• Over how many months/years can I decide to repay my loan?

This is entirely up to you, the Repayment Guide may help you decide. Generally loans are available over three to twenty five years

• Do you offer payment protection incase I fall ill or have an accident?

Yes, we offer an excellent optional accident, sickness and redundancy package for total peace of mind. The Payment Protection section provides details of this valuable cover

• How do you use my personal information, will you respect my confidentiality?

Absolutely. Your loan application is treated in the strictest confidence. We will not contact your employers, bank or any other third party without your prior written permission.

• Can I choose what to spend the money on, are there any boundaries on how or what I spend the money on?

No, you can use the money for virtually any purpose. Perhaps you want to pay off all your higher rate credit leaving you with just one manageable monthly payment. Alternatively you may wish to carry out home improvements, purchase a car, caravan, boat, conservatory or perhaps take a holiday! The money is yours, spend it as you wish.

• Can I settle the loan early?

The balance outstanding will be calculated and a rebate given on the outstanding interest in accordance with the Consumer Credit Act 1974.

• What do I do if I want to move house?

Simply pay the outstanding loan balance from the proceeds of the sale or alternatively we may be able to transfer the loan to your new property.