Secured loans tend to come with lower rates of interest. This is due to the fact that the borrower nominates an asset such as a home or vehicle in order to borrow a sum of money. This means if you do fail to keep on top of the payments for your secured loan the lender can claim possession of your nominated asset.
Should you wish
to speak to an advisor about your secured loans or homeowner
loan application please phone 01895 633940.
Submit your secured loans
application online to 1st Commercial
Loans using the below form: