Compare secured loans
When debt consolidation starts to look like an increasingly good idea or home improvements beckon, it may be time to consider a secured loan. If you're looking for some extra cash, perhaps to fund a holiday or to get your car through its MOT, you could consider an unsecured loan. If you're renting your home you could consider an unsecured tenant loan. But if you own your home and need more money than you're likely to be able to pay back in about five years, a quick low interest unsecured loan can provide access to larger amounts funds with the payments spread over a longer term and with a lower interest rate.
Are secured loans complicated?
A secured loan - even though it's secured on your home - isn't as complicated as a mortgage can be. It can be sorted out in a matter of weeks rather than months and the best secured loans can give you access to money that could help with home improvements and maybe increase the value of your home. You could use a low interest secured loan to settle outstanding more expensive unsecured loans, credit card debt, store card debt and overdrafts and possibly make a substantial saving each month. Use your secured loan to get lower bills today!
Will I be accepted for a cheap secured loan?
As the loan is secured against your property, you may be more likely to find a lender who will take you on even if you have late payments on your credit report*. It's important that you compare secured loans carefully though as different lenders have different products and different criteria for their cheapest secured loans. Even a 1% difference on the interest rate could make a difference that adds up to a substantial saving over the length of the loan, especially as your secured loan could spread payments over 20 years or more.
Bills that remain unpaid can result in default notices that appear on your credit report. Lenders want to ensure the products that have the best interest rates, such as the cheapest secured loan, are made available to creditworthy customers. If you use LowerMyBills to help you find a cheap secured loan now, your own money could go further and make it easier to ensure you don’t miss payments and fall into default.
Okay, I want to lower my bills by consolidating debts with a secured loan!
Compare secured loans now and make a start on those home improvements or consolidate existing debt. I want to lower my bills with the help of a low interest rate secured loan!
You could be only a few steps away from lower bills each and every month!
Experian® - the company behind LowerMyBills – also provides CreditExpert, which gives you access to your credit report and score enabling you to see what lenders see about you when they make a decision about which financial products or services are available to you.
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