
We all have situations which require funding sometimes unexpectedly. Perhaps you have a wedding to finance, or a new baby on the way who needs not just attention and love, but also a lot of clothes, nappies and food? Or perhaps you just want to spoil yourself and your loved ones with a well deserved holiday to recharge your batteries.
You may not think it is possible, however, it could be with a personal secured loan from Harrington Brooks.
A Personal Secured Loan is just one of a number of options available to the average UK resident. Even if you currently have a bad credit rating, CCJs, rent or mortgage arrears, or other bad debt and have been refused a loan elsewhere, you may qualify for a personal secured loan via Harrington Brooks. The main criteria is that you are a homeowner as this will act as security should you default on any payments.
A personal secured loan is secured against an asset, which is usually your home. While it may take longer to complete the application than most other loan options, it could prove to be a more affordable option for many. The interest rate on this type of loan should be more favourable than other loan options, though it will depend on your credit rating and other factors.
- Your application for an unsecured loan has been declined
- You would prefer to repay your loan over a longer term
- You are self employed or have difficulty in proving your income
- You need a large sum of money
The most important thing to remember about personal secured loan is that you put up an asset, which is normally your home, as security. Should you default on this, you could face loosing this.
| Harrington Brooks trained consultants can help you find the best option available. All you need to do is call us today on . |