Secured loan (or homeowner loan)
If you own your own home, you may have a bit more choice when it comes to getting a suitable loan deal - in the shape of a secured loan.
Secured loans (sometimes called homeowner loans) are basically loans that are secured against your property. This means that if you fall behind with your agreed payments, your home could be sold in order to repay what you owe.
If you're confident that you can afford the repayments, however, a secured loan could give your finances a boost. Whether you want to make home improvements or update the family car, a secured loan could help - if you find the right deal.
Ocean Finance could help you find the right secured loan for your circumstances. Apply here.
Debt consolidation loan
A debt consolidation loan could be ideal if you're looking to make several debts easier to keep on top of. Taking out a debt consolidation loan means you'll be effectively combining your debts into a single one, which you'll then repay with single monthly payments.
What's more, you'll have some flexibility when it keeps to how quickly you pay the loan. If you agree to a longer repayment period, each monthly payment you'll make will be smaller, which could help you take some pressure off your finances (though this could cost you more overall in interest).
However, this type of loan won't be suitable if you're having problems with your debts. If this is the case, there are other approaches that could help you.
If you're interested in taking out a secured debt consolidation loan, apply here to talk to one of our advisors. They can tell you about the pros and cons in more detail and help you find the right consolidation loan for you.
It doesn't have to be hard for you to find the right personal loan. Let Ocean Finance make your life easier - with a fast, friendly, flexible service that could help you get the loan you need.
- Quick & simple application
- Instant decision in most cases
- New car to home improvements, we could help
- Borrow from £1,000 to £15,000
Bad credit loan
Have you had financial problems in the past? Have you missed payments, had a CCJ, recently entered a professional debt solution or been bankrupt? All of these things can have an impact on your credit rating, which could make getting a loan difficult as a result.
However, a bad credit loan could let you borrow some extra cash whatever shape your credit record is in. Bear in mind that the interest you'd be charged is likely to be higher than if your credit rating was good - and with this in mind, you should be sure you can afford all your payments before borrowing.
Why choose Ocean Finance?
We're committed to helping our customers find the best loan deal - searching our panel of lenders to find the loan that matches your needs.
We do all the hard work, so you don't have to. Just contact us, tell us what type of loan you're looking for and we'll deal with the rest.
Call us on 0800 195 2910 or click here for a free call-back.
The overall cost for comparison is 15.7% APR (typical).
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