Secured Loans

Secured Loan With CCJs? Possible?

CCJs Yes, just becuase you're not a saint doesn't mean you can't borrow money at reasonable rates.

All it does mean is that the lender will want to reduce the risk, and this is done by securing the loan on your assets, usually your home. You may find that the loans APR is slightly higher than normal, but this is not always the case.

The remaining equity in your home, after your mortgage, is used to calculate how much you can borrow & at what interest rate. Everybody's situation is different & every lenders criteria is different so shop around to find the best deal and the one that suits your situation best.

Secured loans can also be suitable for people with poor credit rating or if you've recently become self employed, not just for those with CCJs. Either way check out our lenders page to find the loan that suits you best.

Typically secured loans are suitable for the following situation...

  • The value of your home has increased since purchase
  • You want to borrow more than you could via a personal loan
  • You want payments spread over a longer period of time
  • You have a mortgage
  • You have an adverse or poor credit rating

Welcome Finance are a celebrated brand in the adverse credit market, and are specialists in providing loans for people with poor credit rating. They provide secured loans suitable for any purpose from £1,500 to £50,000, whether it's for home improvement, that dream holiday, or consolidating your debts. Welcome offer flexible repayment terms over 2 to 15 years, and will arrange the most suitable payment plan with you.