Secured Loans | Personal Secured | Loan Application
Secured Loans
A secured loan is a loan in which the borrower pledges some asset (e.g. a car) as collateral for the loan. The loan is thus secured against the collateral in the event that the borrower defaults, the lender takes possession of the asset used as collateral and may sell it to regain the amount originally lent to the borrower.
As the loan is secured, the lender is relieved of most of the financial risks involved; he may thus offer attractive terms for the borrower on interest rates and repayment period.
Why choose a secured loan?
No Age Limit. Unlimited Arrears. Prime to Subprime. 100% LTV - Prime. Interest Only Option. Semi Commercial Properties. Payment Protection Options. 100% Self Cert / Self Employed. Unlimited Adverse up to 80% LTV. State Pension and Benefits Accepted. Clients Borrow 100% of The Market Value. Right to Buy - Doesn't Affect Pre-Emption.