Bad Credit Secured Loans

Are you looking for a home improvement loan, debt consolidation loan, or a homeowner wanting to buy a second home? Then you can consider using your current assets to assist with securing finance to invest in further property.

However, if you have a bad credit rate or poor credit history then you may think that you are illegible, however here at The Mortgage Centres, we will consider every application that comes through, as having bad credit shouldn’t mean you can’t invest in new property.

What is a Secured Loan?

A Secured Loan allows you to use your current assets to secure funds to purchase further properties. So in simple terms, you use the funds that you have already invested in your current property (or properties) to secure further finance. These secured loans are not normally available to the general public on the loan market, as such lenders prefer to use the services of specialist loan companies such as The Mortgage Centres to process the application. However, some loan companies tend to turn applications away as soon as they see a slight hint of bad credit. Here at the Mortgage Centres, we have a team of professionals who deal with bad credit applications, so there is no case that we will not at least consider.

Why Use Us

The Mortgage Centre team understands that financial pressures and sometimes unavoidable circumstances can result in bad credit, and therefore make it difficult to be accepted for a secured loan. However, there are many ways in which loans can be granted, you just need the right guidance and advice. By using our service, you can utilise our wealth of experience, and personal contacts which we have gained over the past 20 years. Our team of brokers will speak to loan companies on your behalf, easing the pressure off you, knowing that you are in safe hands with your best interest in mind.

For more information on how The Mortgage Centres can help you apply and be accepted for a Secured Loan, no matter how bad your credit rate, call your local branchwith no hesitation and we will be happy to discuss how we can help.