Secured Loans

What is a secured loan?
A secured loan is a loan that is secured against the value of something that you own, such as your house of car. Secured loans are typically used to borrow high amounts over a longer period of time.

As with any loan, your individual circumstances will determine how much you are able to borrow, and for how long. Most lenders will make their decision based on your income, credit score and the value of the item that you are putting forward to secure the loan against.

Is a secured loan right for me?
If you need to borrow a large amount of money, but think your credit history might affect your application, then certain kinds of secured borrowing could be an option for you. Applicants who have a bad credit rating may still have a good chance of being approved.

We understand that customers don’t always want to borrow thousands of pounds and that not everyone likes the idea of putting forward their personal property as security, or have the option to do so.

What’s the alternative?
If you don’t want to borrow large sums or take the risk of putting something like your home forward as security, then a short-term loan from Simple Fast Loans might be a more suitable alternative for you.

We have no hidden fees or charges, so you will only pay back the amount that you agree to upfront. You can also repay your loan at any time.

You can use our FREE loan calculator to work out how much you would like to borrow over a period of 18 to 36 months depending on if you choose our 18 month personal loan, or our 18 – 36 month Premier personal credit.