answersLogoWhite

0

The easiest way to get a secured loan is for a person to go to their bank and request one. This requires a lot of interviews, documentation for justification of the loan and often a bank representative will want to interview the person first.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

Which businesses offer the best secured loans?

A secured loan is usually when an amount of money is loaned to a person and it requires some type of collateral. A mortgage company, as well as major banks and financial institutions offer secured loans.


Where can one get a secured loan?

Most banks will offer secured loans as part of a savings or CD plan. Car/title loans and payday loans are effectively secured loans with the vehicle and the check draft serving as the security.


Where can one find rates for secured loans?

One can find rates and reviews for secured loans in bank websites. Also, one can find rates and reviews from peers who might have needed secured loans.


Where can one find secured loans in the UK?

Sources for secured loans in the UK are varied and not hard to find. Nemo Personal FInance, Prestige Finance, and Shawbrook Bank are the top three institutions for secured loans. Many other smaller personal finance companies offer secured loans as well.


Are secured loans not credit cards looked at any differently than unsecured loans when applying for a mortgage?

Because secured loans are loans that are secured on your property, they are looked at totally differently when applying for a mortgage, in most cases the mortgage lender will probably want you to repay the secured loan before approving your mortgage


How do secured home improvement loans differ from other loans?

Home secured loans have a higher maximum term than other loans. Lower interest rates, flexibility, lower payments and more lender options are benefits of a secured home improvement loan.


What happens for non payment on secured personal loans?

Personal loans


Can people get secured loans if they have bad credit?

Yes, it is possible to obtain secured loans with bad history at www.loan-for-bad-creditx.com.


Where can I get secured loans in the UK?

There are many different financial institutions where one can get a secured loan in the UK. HSBC, Barclays, Lloyds and Nationwide will all potentially offer secured loans.


Where can one find secured commercial loans?

One can find secured commercial loans on websites like The Military Loans, Inc, Secure Loans Comparison, Canstar, International Commercial Loan or the Bank of America.


Which companies offer the best rates on fast secured loans?

The Loan companies that offer the best Interest rates on secured loans are Nemo Loans who offer between 5.7% - 6.7% on there loans. The second choice would be Prestige Loans where they offer a 6.75% on loans.


Can you provide examples of both secured and unsecured loans?

Secured loans are backed by collateral, such as a house or car. Examples include mortgages and auto loans. Unsecured loans do not require collateral and are based on creditworthiness, like credit cards and personal loans.