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Evolution Money
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Award-winning loans for homeowners

Evolution Money: Bad Credit Loans

Secured Loans > Our Loans

Here at Evolution Money we offer a range of flexible, tailored secured loans to suit a variety of needs and circumstances. We provide , enabling you to borrow an affordable amount you need and pay it back over terms that suits you.

Secured homeowner loans from Evolution Money

At Evolution Money, we specialise in providing secured loans of up to £50,000 that are tailored to the needs of homeowners with a mortgage. We offer affordable loans that are perfect for any purpose – whether it’s home improvementsdebt consolidation or planning a special occasion, Evolution can help to find the right secured loan for you.

What’s more, we do things differently. Our criteria for homeowner loans is never based solely on credit checks, or the amount of equity you have in your home. We know how frustrating this process can sometimes be.

Instead, we focus on you. We take the time to understand your personal circumstances and discuss your current financial situation before coming to an informed decision that is always in your best interest.

Read on to find out more about our loans, their benefits, the costs involved and how to apply with Evolution Money. You can also click the button below to get started with a free, no-obligation quote or pick up the phone and call us on 0161 814 9158.

Get a no-obligation quote

What is a secured loan?

A secured loan requires you to put up an asset as security for the lender. When you apply for finance with Evolution Money, your loan will be secured against your property.

What are the advantages of a secured loan?

There are a number of benefits to taking out a secured loan. For example:

  • Lower interest rates: These can be cheaper than those attached to unsecured loans, which makes the regular repayments more affordable.
  • Higher loan amounts: Putting up your home as security means there is a reduced risk for lenders. This in turn means they’re more likely to offer access to larger amounts.
  • Apply with bad credit: You can take out a secured loan with bad credit because the collateral you put up will mean lenders may consider more than just your credit score when reviewing your application.

What are the risks of a secured loan?

As with any form of finance, it’s important that you weigh up all the pros and cons before applying. If you make all your repayments in full and on time, a secured loan can be a great option. However, if you consistently miss your payments then you could risk your home being repossessed. If you are having problems with meeting your repayment schedule, it’s vital that you speak to your lender as soon as possible.

Can I apply for a secured  loan with bad credit?

We’re a bad credit provider, which means that even if your credit score is less than ideal, the door to securing a loan is not closed to you. We take several factors into account and we want to say “yes” to as many applications as we can.

So, if you’re worried about your credit history, or you’ve been declined for finance elsewhere, our loans for bad credit could give you access to the funds you need – with terms to suit you.

Apply for a secured loan with Evolution Money

Whether you need a loan for a business investment, car, holiday or something else, Evolution Money is here to help. We’re a provider of secured personal loans from £5,000 to £50,000 and the application process is quick and simple.

Got concerns about your financial history? We provide loans for bad credit, so rest assured it won’t be the only factor we take into consideration when reviewing your application. Hit the button below to get started with a free, no-obligation quote or pick up the phone and call us on 0161 814 9158.

Get a no-obligation quote

Questions you may have…

We understand that applying for a loan can feel like a daunting and complicated process. There’s so much to think about – how much you can borrow, the length of the repayment terms and the interest, to name just a few.

Here at Evolution Money, we want to make your life as simple as possible, which is why we’ve put together this list of frequently asked questions about our loans and how they work.

How much can I borrow?

You can apply to borrow between £5,000 and £50,000, depending on your eligibility, through Evolution Money.

How long will it take for me to receive my loan?

We understand that time is often of the essence, which is why we work quickly to make sure you receive your secured loan. In the past, we have been able to transfer funds to customers within a few days of their application being approved, but this will depend on how quickly we receive all your documentation, among other factors.

How long do I have to repay the loan?

We can be flexible with our terms. You can choose to repay your loan over anything between , depending on your circumstances and what works for you. It’s important to know that shorter repayment terms generally mean you will pay back a smaller total amount, but rest assured we will talk everything through and find a solution that suits your needs.

In the meantime, head to our simple online loan form to get an initial idea of how your repayments might work from one of our advisers.

Are there any fees I need to know about?

As your secured loan provider, you can rely on us to be completely transparent about the fees involved with our products. As well as the interest attached to your loan, there is a Lending Fee of between £299.00 and £699.00, depending on the loan amount, and a Product Fee, which is 10% of the loan amount. You can head to our easy-to-follow table to see a detailed breakdown of our loans.

How do I know if I’m eligible for a loan with Evolution Money?

To apply for your secured loan from Evolution Money, you must:

  • Be aged between 18 and 70 years old
  • Have a mortgage
  • Live in the UK
  • Be able to afford the repayments from your regular income

How do I apply for a loan with Evolution Money?

Applying for a secured loan with Evolution Money is easy. All you have to do is head to our online form and fill out some basic details. You’ll then talk to an adviser, and you’ll have your no-obligation quote. Alternatively, you can give us a call on 0161 814 9158 and we’ll be more than happy to speak to you.

Get a no-obligation quote

What documents do I need to apply?

When applying for a loan, any company will require you to provide a certain amount of documentation and here at Evolution Money we’re no different. To speed up the process, it will help if you have the following to hand:

  • Proof of address (utility bills, for example)
  • Proof of income ( or tax returns)
  • Proof of identity (a driving licence or passport)
  • Bank statements for up to the last three months
  • Your mortgage account number and home insurance documentation

What if I’ve been declined for a loan elsewhere?

If you have been turned down for finance in the past, there’s no need to worry. We specialise in bad credit loans, which means we’ll look at your entire financial situation and not just your credit history. We want to say “yes” to as many applications as possible, and rest assured we’ll do all we can to find you a secured loan on repayment terms that suit your needs.

Why should I choose Evolution Money for a secured loan?

There are a wide range of reasons to rely on us. Here are just a few of them:

Evolution Money: Your secured loan

We want to help you secure the finance that you need. To get started, just fill out our simple form to apply online or give us a call us on 0161 814 9158 and a member of our team will be happy to speak to you.

Get a no-obligation quote
Warning: Late payment can cause you serious money problems. For help, go to moneyhelper.org.uk

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 96 out of 100, based on 178 reviews over the past year. 178 user reviews. Read our reviews

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FLA logoWe are a member of the FLA (Finance and Leasing Association) and subscribe to its lending code.

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Our Address

Evolution Money,
9 Portland Street,
Manchester,
M1 3BE


Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

Complaints:
0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 9 Portland Street, Manchester, M1 3BE. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.


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Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

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