Secured loans FAQs

Secured loans

Q. How long will it take to process a secured loan?

Applications can be completed fairly quickly if you can provide all the information efficiently and accurately. After you’ve made your secured loan application, you’ll normally receive a quotation that needs to be validated and confirmed by your lender.

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Q. I have taken out a secured loan, but I’m moving – will this be a problem?

Not necessarily. There are a few options. The first option is to see if you have enough money from the house sale to repay the debt in total. The second option is to transfer the loan to the next house you’re moving to.

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FAQs: Pick a category below you may need help with

All loans

Baffled by all loan types? In this section we go over the key things you need to consider before you take out a loan.

Bad credit

If you're unsure why you've got bad credit, we can help. Here we explain its causes and how you can improve your score.

Secured loans

Get to grips with how secured loans work and what you need to bear in mind when taking out this type of loan.

Baffle-free guides to borrowing

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