Secured Loans
What are secured loans?
Secured loans is a loan where you will be required to use your property as security against the loan, so the lender is able to balance the risk of lending to you. The amount that can be borrowed differs from lender to lender and your individual circumstances. The amount that can be borrowed, the term available and the Annual Percentage Rate will depend on:
- the value of your property
- your ability to repay the loan
- your personal circumstance