Whats the difference between a secured and unsecured loan?
A secured loan gives you fast access to the cash you need at highly competitive interest rates. Your home is used as security – hence the reason we’re able to offer such low interest rates. However it’s important to note that your home is at risk if you don’t keep up repayments. An Unsecured Loan is also a Loan for Homeowners but not initially secured on your home. Failure to repay the loan will cause the debt to be added to the house. This means profit you make on the sale of the house must be used to repay the debt. Non Homeowners Please CLICK HERE for our excellent Tenant Loans Credit checks explained – Status or Non Status If you’ve got a good credit history, you should have no problem getting credit and finance. But if you’ve had credit problems (in the recent or even distant past), you may find it harder to get a loan. If you have a clean repayment record with no defaults or previous credit problems, a credit check classes you as Status. However if there is some reason why you fa
