Consolidation loans are the most popular form of secured loan at Essential Loans. However Essential Loans secured loans may be used for any purpose and the firm also provides loans for holidays home improvements cars etc.

Essential Loans based in Bromsgrove Worcestershire offers a number of secured loan facilities - the size of the secured loan ranging from £5000 to £150000 and secured loan terms from 3 - 30 years.

Even if you have no equity in your home Essential Loans may be able to offer you a secured loan of up to 125 of your house value.

Your application with Essential Loans is confidential and if you become ill have an accident or are made redundant an optional payment protection insurance plan for your secured loan is available. This facility from Essential Loans will cover your secured loan repayments.

Essential Loans does not apply any fees - when arranging a loan - on advertised plans.

Meanwhile if you sell your house there are certain cases where the secured loan from Essential Loans can be transferred to your new property. Otherwise your secured loan can be settled from the proceeds of your sale.

Essential Loans also rewards borrowers for introducing business - refer a friend and youll receive £50 for you and £50 for your friend when their loan completes.

Think carefully before securing other debts on your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other debt secured on it.

Moneyextra.com recommends you take independent financial advice before acting on any article

2009-03-03 09:31:20 © Moneyextra.com