FAQs

Why should I take out a secured loan and not re-mortgage?
Secured Loans are flexible and you can control the amount of interest you repay. There are no set-up costs and minimum paperwork means loans go through faster. A secured loan doesn't even affect the first mortgage on your property.

What will happen after I apply?
We will immediately assess your individual requirements, and match them with the appropriate deal from our panel of lenders. We aim to secure in principle approval within 24 hours of your application. We will keep you informed of progress at all stages.

What will my monthly payments be?
Your monthly payment will depend on how much you borrow, your credit score and how long you intend to borrow the money for.

Can I cancel the loan application at anytime?
You are under no obligation. You can cancel the loan application at any time up to completion without any cost or penalty.

Is my loan application confidential?
Yes. Every application is treated in the strictest of confidence at Bad Credit Secured Loan. We will not contact your employer or bank without your permission. The only people who know about your application are potential lenders.