The
Loan Company Homeowner Loan
The Loan Company Secured Loans
Why
exactly are 'secured loans' so popular with homeowners?
As a homeowner, your property is probably worth more than
you paid for it. A secured loan allows you to turn some of
the 'locked-in' value into some cash that you can use.
Because
this loan from The Loan Company is secured by a mortgage on
the extra value tied up in the property, you can also have
the advantages of a competitive interest rate and the chance
to arrange your loan over a longer period. So, you can borrow
a substantial amount of cash, while keeping monthly payments
low.
How
much can I borrow from The Loan Company?
This will obviously depend upon your available income and
the amont of collateral available within your property. Subject
to these factors, The Loan Company can arrange a loan from
a minimum of £3,000 to a maximum of £500,000.
Over
what period of time can I spread my loan?
This is entirely up to you - The Loan Company Repayment Guide
can help you decide, Loans are available over three to twenty
five years.
Are
there any restrictions on how I spend the money?
No, you can use the money for virtually any purpose. Perhaps
you want to pay off all your higher rate credit, leaving you
with just one manageable monthly payment. Alternatively you
may wish to carry out home improvements, purchase a car, caravan
or boat. The money is yours; spend it as you wish.
Is
my The Loan Company loan application confidential?
Absolutely. Your loan application is treated in the strictest
confidence. The Loan Company will not contact your employers,
bank or any other third party without your prior written permission.
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