Welcome to Need a Loan Now
Why Choose us?...
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Access to over 200 lenders. |
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Free no-obligation quotations. |
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Excellent service and support from our expert customer service team |
Whatever your reasons for needing a loan, let us take the strain in finding the best options for you.
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Competitive and flexible loan rates from leading providers |
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Quick and fast decisions & no obligation quotes |
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We can help even if you have a bad credit history or low
credit score |
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We are registered with Data Protection to hold your information securely |
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Missed
payments, CCJ, defaults, arrears or turned down by other lenders, we
can look for loans for you even if you have bad credit problems. With
access to over 200 lenders we can find the best loan to suit your needs.
We only work on commission from our lenders and it won’t cost you anything.
Simply complete our short application form to help us find the best
cheap rate loan for you.
WARNING:
Think carefully before securing other debts against your home. Your
home may be repossessed if you do not keep up repayments on your mortgage
or any other loan secured on it.
SECURED
LOANS
In a secured homeowner loan the borrower provides
the lender with ‘security’ in the form of the borrower’s property, regardless
of whether it is mortgaged or owned outright. Secured,
or ‘homeowner’, loans are available in various amounts, usually ranging
from £3,000 to £50,000, and for many different reasons, including e.g.
debt consolidation. The amount borrowed is repaid monthly over a term
agreed at the beginning. Terms usually range between short term loan
from three years to long term twenty five years. Borrowers may be charged
a penalty if a loan is repaid earlier than agreed. Any conditions of
this type will be contained within lender’s individual policies and
should be checked carefully by borrowers when entering into an agreement.
Lenders charge interest on the amount borrowed, referred to as the Annual
Percentage Rate (A.P.R). The amount that can be borrowed, the term available
and the interest rate all depend on the equity held in a property, the
lender's opinion of the borrower’s ability to repay the loan and their
personal circumstances, e.g. any adverse credit.
UNSECURED LOANS
An unsecured loan does not require the borrower to use their property
as a guarantee or security for the loan. Typically, unsecured loans
offer a little more flexibility to the borrower.
Unsecured loans are suitable for borrowers not looking to secure the
loan against their property. They are, therefore, often the only option
for people who have no property to secure the loan against (i.e. Tenants.)
Generally, anyone over the age of 18 can apply for an unsecured loan
which normally range from between £500 to £25,000. However, lenders
will normally take into consideration the borrower’s age, employment
status and credit history when deciding whether to offer a loan. Unsecured
loans are often taken out for home improvements, weddings, car finance,
holidays or debt consolidation etc
Unsecured loans can be obtained even if a borrower has a poor history
(e.g. CCJ's, defaults or late payments.)
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