Secured Loans are going to be very important this year as they are often used for debt consolidation, and many other reasons as it is a versatile type of finance but always remember to get quality expert advice.
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YOUR BANK MAY HAVE 100’s OF PRODUCTS AND PLANS………
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Term loans, short term bridging, Interest only
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Representative example
66% of our clients get these rates or less – (This is not a specific example of this product above)
£63,000 over 228 months at an APRC OF 6.1% and an annual interest rate of 5.39% (Fixed for five years – variable thereafter) would be £463.09 per month, total charge for credit is £42,584.52 which includes a £2,690 broker / processing fee. Total repayable £105,584.52.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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