More than finance work with a number of highly specialist loan Brokers who have direct access to all the cheapest loan providers in the UK. We refer your details, and one of the Brokers will phone you personally to discuss exactly what you need and how best to achieve it, giving you a range of incredibly competitive loan quotations. It doesn't matter if you've got bad credit. Whatever your circumstances or reason for seeking a cheap loan, if you're looking for the best secured loan,or debt consolidation loan deal - you won't need to go anywhere else!

Secured Loan or Unsecured Loan?
It's extremely common to get a secured or unsecured loan, most people at some point in their life want to buy something they simply do not have the cash to cover. For example a new car, a lavish wedding, or an expensive holiday.

A loan simply enables you to live the life you work so hard for, before you can actually afford it!

These are some of the most popular reasons for getting a secured or unsecured loan:

Car Loans Holiday Loans Home Improvement Loan Career Change Loan Debt Consolidation Loan Bridging Loans Secured Loans

The differences?
A secured loan is a loan secured on your home - this provides the lender with some form of security, regardless of whether it is mortgaged or owned outright. You can borrow more with loans secured on property, normally up to £50,000 but potentially up to £100,000, and cheap secured loans interest rates are normally lower than with an unsecured loan because of the lower risk to the lender. With secured loans you can also pay over a longer period of time, anything between three years and thirty-five years. If you are able to repay your secured loan earlier than agreed, you may be charged a penalty so you should check each lender's individual policy with regards to this.

How Secured Loans and Unsecured Loans Work - in Detail
Before you enter a secured loan or unsecured loan agreement - make sure you know exactly what you're doing. Read this information first - we hope it will help you make the right decision!

The contract
When you enter into a cheap Secured or Unsecured loan agreement - you are signing a contract to make the repayments, as decreed, by the arranged date every month for the duration of the contract. Any deviation from this agreement may result in monetary penalties. For example, some lenders apply an early settlement charge (also known as a redemption penalty) if you repay the loan uk in full before the agreed end date. This can be up to 2 months interest. If you think you'll clear the uk loan before the end of the term then your best bet will be to arrange a loan (secured loan or unsecured loan) with no early settlement costs, however the APR may be slightly higher.

Flexibility
If you would like some flexibility in your uk loan agreement, make sure you arrange this before you sign on the dotted line. You may be able to arrange occasional over-payments and lump-sum payments, both of which allow you to clear the debt over a shorter time period than first agreed. If your uk secured loan is a truly flexible product then you may also be able to use the fund as a bank account, withdrawing funds from the account on a rolling basis, providing you stay within your credit limit. Lenders also offer repayment holidays, allowing you to defer your monthly cheap loan repayments either at the start of the loan (known as 'deferred repayment') or at an agreed point during the term.

Interest
You are charged interest on the amount you have borrowed with the loan - it is a percentage of the borrowed amount which accumulates over the period of the agreement. Interest rates on loans vary from 7% up to 20%.

The interest rate will be included in the APR. This stands for Annual Percentage Rate, and includes the administration cost of setting up the mortgage, any discount periods, how often interest is calculated and also calculates what the average rate of interest will be over the life of the loan. To comply with the consumer credit act all lenders must ensure that the borrower is informed of the APR.

Fixed or variable interest Loans
The APR can be a fixed or variable charge. A fixed APR has the benefit of added security since the rate will not change, a variable APR does not have this security but could reduce the cost of your total payments if interest rates go down.

Getting a Cheap Loan
All you have to do is fill out your details and loan requirements using the quick, easy uk loan request form. By filling in this easy form you will gain access to nationwide brokers and most of the cheapest loans deals currently available in the uk.

Before sending the form, follow these simple steps:
Decide how much you want to borrow with your loan
Decide over what period of time you would like to make the repayments on your loan
Decide if you are taking out a personal loan (not a secured loan on your home), or a secured loan (loan secured on your home)

Bad Credit Loans
Don't let a bad credit history stop you from getting a loan! If you have any of these problems you will still be able to get a secured loan or unsecured loan from a specialist loan provider:

Mortgage Defaults or Arrears
Adverse Credit and Finance
Poor Credit History
CCJ's
No Proof Of Income
(You may find that bad credit loans have higher interest rates and will lend you a lower total sum.)

Secured Loans and Debt Consolidation Loans
Debt Consolidation loans are a form of secured loan uk - they can reduce your monthly bills by up to 70% and are a brilliant way of clearing all your existing credit cards, loans and other debts into one single, manageable monthly payment. Allthough you can use a debt consolidation loan uk for whatever reason you want. It could just be to free up money for other things, like a new car, a dream holiday or that conservatory you've always wanted. Because of the nature of the uk loan, in most cases it will need to be a loan secured on your property (secured loan).

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