Secured loans are ideal for those that have bad or no credit. A secured loan is a loan that is secured against one of your valuable assets; typically, the asset that those applying for a secured loan use is their home.

By offering security, you are lowering the risk that lenders take by approving you for a loan, especially if you have bad or no credit. The amount of money you will be able to borrow and your interest rate depends greatly upon the value of the asset that is securing the loan. You can also spread the loan repayments out over a more extended period of time, making the loan more affordable. There are many different kinds of secured loans, and it helps to have a company such as Totally Money help you to figure out which secured loan is best suited to your needs.

Totally Money is a popular financial comparison site that provides you with a comprehensive tool that will help you to save time and hassle. This website has the most up-to-date information and news regarding lenders based in the United Kingdom, so it’s a great resource to use to find out everything you need to know about obtaining a secured loan in the UK. After you fill out a short, simple form requesting information about one of the many loan comparisons available on the site, Totally Money will perform its own research among the UK lending market and pass the information and comparisons on to you. This process helps to ensure that you get the best and least-expensive loan possible for your particular financial background. That’s not all, though. This company will also connect you with an independent specialist for a separate, parallel quote so that you’re sure to have all of your bases covered. This way, you’re armed with all of the necessary information and can make your decisions wisely.

Totally Money is able to provide you with comparisons between Black Horse Loans and all other UK lenders. Black Horse Loans specialize in affordable unsecured loans that are geared towards those with no or bad credit. Black Horse Loan’s products are geared towards those who have had issues with their credit in the past. While other loan companies can be stringent regarding a history of defaults, Black Horse Loan has a more flexible attitude. The best way for you to keep your loan rate low is by applying for a secured Black Horse Loan. This is especially true if you have bad credit. However, if you don’t want to risk losing your home or whatever personal asset you secure the loan against, you may want to consider a Black Horse unsecured or personal loan. With Black Horse unsecured loans, your repayments will not change for the duration of the loan. If you’re thinking about applying for a loan through Black Horse Loans, go to Totally Money and get a free comparison today.