Secured loans are often offered to people who'd struggle to secure a standard personal loan, for example, a self employed person who has only just started would probably be turned down for a personal loan as the lender has little or no security, that is different with a secured loan.

A similar case would be if you had CCJs or poor or bad credit history then you would also be considered, bear in mind though that interest rates differ depending upon your personal circumstances. All lenders specialise in different personal situations and not all will lend to self employed for example, always shop around & seek professional financial advice.

Please be sure to visit our list of lenders to help you decide.