Find The Best Secured Home Loan For You

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Secured Loans

Finding the best secured loan for you circumstances can be tricky. It may be for a holiday, car purchase, wedding, doing up your home or even debt consolidation. Well do not fear the Credit Jungle Score Crew are here!

Do you want to borrow money over a short period or up to 25 years?

Do you have a large deposit or do you need to fund most of purchase price?

At Credit Jungle we understand your dilemma, CeeJay and his friends are able to help!

Your Credit Jungle Rating will be used to provide you with details of the best secured loan available to you.

Complete your secured loan application NOW and let CeeJay help you to find the best secured loan package for you.

What is a secured loan?

A loan secured by the asset they are used to obtain. Secured loans are method of arranging financing by offering an item for collateral. Common examples of secured loans are car and home loans, or mortgages.

What are the advantages of a secured loan?

1. A lower interest rate!

Because the loan is tied to a physical item (commonly your house), the prospective lender can be reasonably confident they won’t suffer a total loss should you default on the loan. If you were to stop making payments on your car loan, for example, the lender would offer you warnings and a chance to remedy the situation. Then, if you fail to do so, the bank will repossess your car and sell it to cover as much of the remaining loan as possible.

2. Easy approval

With a secured loan, the lender is able to repossess your home or car as necessary and thus is more willing to offer you the money.

If you’ve had difficulty obtaining personal loans or credit cards, it is likely you’ll have far less trouble gaining approval for a loan secured against your home or car. While your previous lending history and credit rating do affect the interest rate on your loan, there are almost always lenders willing to lend money secured with collateral.

3. Borrow more

You can borrow up to £250,000 with a secured loan

4. Longer repayment time

Secured loans are usually set up over terms between 3 and 25 years. Unsecured or personal loans are typically 1 to 10 years. As repayments are made over a longer period the monthly payment is lower but the overall interest charges will increase significantly