• Secured Loans for Bad Credit

Secured loans for bad credit

Get the best secured loans for bad credit available to you from our panel of leading UK lenders.

  • We could help if you have bad credit, arrears or CCJs
  • We’ll search for the best secured loan rates available to you
  • Getting a quote WILL NOT affect your credit profile
  • We are the secured loans for bad credit specialists

Secured Loans for Bad Credit


To apply by phone call 01656 837 228
We’re open Monday to Friday 9am – 8pm and Saturday 10am – 1pm.

What are secured loans for bad credit?

A secured loan for bad credit, like a mortgage is secured against your residential property and this security used is what makes it a (secured loan). Secured loans for bad credit offer advantages such as 51% of our customers receiving a low secured loan rate of between 4.6% APRC and 10.8% APRC variable.

Why choose a secured loan if you have bad credit or have been refused elsewhere?

Whether you have a bad credit score from having missed payments, existing arrears or a County Court Judgement (CCJs), we could provide you with a secured loan for bad credit.

As bad credit acceptance specialists, if you’ve been refused finance elsewhere, call our expert team who can show you the most suitable secured loan options available to you – at the best rates.

Consolidate with a secured loan to help improve your bad credit

If you have credit cards, store cards or unsecured loans with a combined outstanding balance of £10,000 or more then replacing these with a secured loan for bad credit could significantly reduce your monthly credit repayments – leaving you with more money each month and potentially reducing the amount of interest you would pay overall.

Depending on how much you wish to reduce your monthly outgoings by and subject to the interest rates and balances of your existing credit that you are consolidating, you may pay back more if you decided to extend the loan over too long a term so it’s import to get the balance right.

Avoid missing credit repayments that could leave you with a bad credit score

If you are struggling to afford your existing repayments or believe that you may soon – apply for a no-obligation loan quotation now to see how low your monthly repayments could be with a secured loan for bad credit.

Acting early to obtain your secured loan to consolidate expensive credit into a lower monthly repayment could help you to avoid potentially missing credit repayments and getting a bad credit score. As mentioned before, it’s important to get the repayment term right to ensure your repayments are affordable but not spread over too long a term so you pay less and not more interest over the term of the loan.

Acting before you miss repayments could also mean you could receive a lower loan interest rate – and therefore lower monthly repayments, helping you to protect your credit score.

Getting a secured loan quote will not affect your credit score

Whether you have bad credit or not, or unsure if you have and would just like to see what your monthly repayments could be with a secured loan for bad credit – apply online now for a free, no-obligation loan quote. We charge no up-front fees and getting a quote will not affect your credit score.

How can I see if I have bad credit?

There are numerous credit report facilities available including Experian CreditExpert or Equifax which can help you to understand the factors affecting your credit score and potential ways to help improve it.

If I have bad credit, can I get advice before apply for a secured loan?

If you’re considering a bad credit secured loan but would like to speak to someone first, the Money Advice Service provide free, impartial advice to help you with support over the phone and online.

How do I apply for a secured loan for bad credit?

You can apply online for a same day no-obligation secured loan quote in just 2 minutes or call to apply by phone.

Apply now

TYPICAL 9.5% APRC variable

Rates from as low as 4.6% APRC variable. Our highest rate is 39.9% APRC variable allowing us to help customers with severe credit problems. 51% or more of customers receive our typical rate of 9.5% APRC variable OR LOWER.

Secured Loan Representative Example: If you borrow £15,000 over 15 years at a rate of 9.5% APRC variable, you will pay 179 instalments of £152.35 per month and a final payment of £302.35. Total amount payable of £27,573. This includes the net loan, interest of £10,623, a broker fee of £1,500 and a lender fee of £450. The overall cost for comparison is 9.5% APRC variable.

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.

Loans subject to status and secured on residential property by way of second charge. Consolidating debts may increase the term and total amount payable. Minimum age 18 years. Improve Finance is a credit broker using a representative panel of lenders who specialise in second charge mortgages and receive a commission from the lender on completion of a loan. We charge a fee for our broking services of between 0% and 15% and will inform you of this fee before you decide whether to proceed with the loan.

Rates and fees correct as of 21.01.2018. Improve Finance is a trading style of Willows Finance Limited, Brocastle, Bridgend CF35 5AS. Company registered in England. Registration number 6678545. Authorised and regulated by the Financial Conduct Authority under number 670052, registered under the Data Protection Act No. Z1447660 and are a member of the Association of Finance Brokers.

This website uses cookies to help provide you with the best possible online experience. By using this site, you agree that we may store and access cookies on your device. To find out more about our use of cookies, please see our Privacy Policy.