Debt Consolidation Secured Loans

Missed Payments & Defaults.
CCJs & Debt Management Plans.
We have Over 600+ Great Reviews.
Hundreds of Satisfied Clients.
Debt Consolidation Specialists.
Your Data is Secure.
Schedule a Quick Call.

Speak to an Expert

I confirm that I have read and consent to my personal information being processed in accordance with The Money Hub's Privacy Policy. I also confirm that I have read The Money Hub’s E-Marketing to Customers and consent for The Money Hub to market to me by email. On receipt of this enquiry we will contact you to discuss your requirements.

Debt Consolidation Secured Loans

Why take out a debt consolidation secured loan?

You may have built up debt such as loans and credit cards and you are struggling to manage these and are feeling financially stretched. A debt consolidation secured loan could be an option to help you can gain control of your outgoings again and help you have a clear repayment plan in place.

When considering taking out a secured loan it is important that you are aware of all your options and you understand the pros and cons involved, so read on for more information.


What are the advantages of debt consolidating?

The main advantages of debt consolidation with a secured loan are:

  • Reduced Monthly Payments - Many debts, such as credit cards, can have a high interest rate of 18%+, so by consolidating these debts at a lower rate your monthly payments will reduce which will provide you with more disposable income each month.
  • Clear Repayment Plan - Although people take out credit cards as a short term debt they can easily become a long term debt which you may feel you are just simply not paying off. A secured loan will give you a clear repayment plan which you can work towards to clear the debt.
  • One Payment - Juggling many debts is stressful and it is easy to miss a payment which results in bad credit and potentially a charge from the creditor, so by having one payment to make each month everything becomes a lot more manageable.

Want to have a chat?

Speak to one of our experts...

Why Clients use the Money Hub

Hundreds of
5 Star Reviews

Specialist
Advisers

Hundreds of
Loans Arranged

Your Data
is Safe

THE ACTUAL RATE AVAILIABLE WILL DEPEND UPON YOUR CIRCUMSTANCES. PLEASE ASK FOR A PERSONALISED ILLUSTRATION.

LOANS MAY BE SECURED ON YOUR HOME. YOU WILL HAVE TO PAY EARLY REDEMPTION CHARGES THIS WILL VARY. A VARIABLE RATE LOAN MAY GO UP OR DOWN IN LINE WITH THE BANK OF ENGLAND BASE RATE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP, GO TO MONEY ADVICE SERVICE.

Loan FAQ's

How to arrange a debt consolidation secured loan?
These types of loans are offered by specialist lenders and to access these you would have to use a mortgage/loan broker, such as The Money Hub.
How long does a secured debt consolidation loan take to arrange?
From application to completion it typically takes around 4 weeks to complete.
Is a secured loan a good idea?
It all depends upon your circumstances. Do not rush this decision. Take your time and get advice from experience advisers who can clearly outline the pros and cons so you are fully informed.
Debt Consolidation Secured Loans
The Money Hub

Product Name: Loans

Product Description: Debt Consolidation Secured Loans

  • Rating
5

Kavita

Gary has been great from the start, very professional and friendly. this was my first commercial finance and he answered all of my questions no matter how small & explained everything very well, for me to understand the whole process. I would definitely recommend TMH & if needed use their services again.