What is a secured personal loan?
What is a secured car loan?
A secured car loan is when your loan is secured to your car.
For example if you borrow $2,000 and use your car as an asset, although it may be worth a lot more than $2,000 you will not be allowed to sell your car until the loan is paid back.
Do I need to give you my car if I have a secured loan with you?
No! All you need to do is let us know how much your car is worth so as we can structure a loan against it.
You also need to let us know if you have any other loans secured against your car.
Am I eligible for a secured personal loan bad credit?
We assess all applications on a case by case basis and are much more lenient than some of the more traditional lenders.
So please apply and have a chat with our friendly customer service staff so we can work out a plan of action for you.
If you have had bad credit loans in the past, don’t let that stop you from applying for a loan with us.
We do however perform credit checks on our secured personal loans.