We know that it can take a long time to build up your savings and when you do, you may be reluctant to use these. This is where a secured loan can help. A secured loan is a loan secured by the funds in your savings. With a secured loan, you can borrow up to the amount in your account. The funds in your savings account will be frozen and as you pay back the amount borrowed, your funds become available.
This is a good option for members who need finance, but dont want to spend their savings. Members often find it easier to repay a loan than to rebuild savings.
Apply for a Secured Loan now!
|Type of Loan:||Amount of Loan:||Rate:||Repayment Terms:||Monthly Payment:||Total Cost of Loan:|
|Secured Loan||5000||5%||3 Years||149.85||5394.76|
*Figures correct as of 27/03/2017 Check out our Loan Calculator