Welcome to the Free Debt Advice website

With millions of people heavily in debt and an economy that isn’t looking like taking a turn for the better anytime soon, the debt relief industry is growing as companies rush to offer their services to increasingly desperate debtors. All of the debt relief options available to people have attributes that prove beneficial depending upon the individual circumstances of the debtor. But how do they know which to choose.

That is where we come in. Why not get in touch to learn more.

Debt

Secured Loan Interest Rates

Interest rates are one of the more important aspects of dealing with UK banks and other lenders… depending upon the type of account or loan that you're dealing with, the interest can either make you money or cost you money.

A variety of different factors can determine the loan interest rates you pay, when applying for a UK secured loan for any purpose. See advantages of unsecure loans.

Unlike chequeing or savings accounts where you want the interest rate to be as high as possible, the loan interest rates associated with loans mean that you'll be paying an additional amount added on to the money that you borrow.

Loan interest rates can depend upon several factors, including your credit rating, national and local interest rates, the type of loan that you're applying for, the amount of the loan, and even the collateral that you use to secure the loan. Generally interest rates are more flexible when securing your loan against a UK commercial or residential property.

Some types of loans have special repayment options that allow you to make payments primarily toward interest if you so choose, and others allow you to refinance your original loan in an attempt to reduce your interest rate and your monthly payment.

Always check your interest rates before applying or accepting a UK loan for any purpose. DBS finance can offer some of the most competitive interest rates based on your lending criteria.

 

Please Read Here

We do not provide tax, legal or accounting advice.

This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice.

It is advised you should consult your own tax, legal and accounting advisors before engaging in any transaction.

Contact Simon Ling

Burnham House, 93 High St, Burnham, Slough SL1 7JZ sl@simonling.co.uk

 

Quick Facts

Loans between £5,000 and £200,000. Current Max LTV 85%.

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

IMPORTANT NOTE: Rates Subject to status. Loans secured on property. Written quotations upon request. Typical rate between 5.59% and 14.3% APR dependent on status. See Interest Rates