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5 Year Loans

Secured Loans > Our Loans > 5 Year Loan

What Are 5 Year Loans?

A 5 year secured loan through Evolution Money could help provide much-needed financial security.

We can help put together a 5 year repayment plan that works for you.

We’re here to walk you through all your options and help decide on the loan terms which best suit your personal situation. Our team of loan experts take pride in providing absolute clarity and will be able to offer plain and simple terms up front.

What our happy customers say:

How much do you want to borrow? £5,000 to £100,000
For how long? 1 to 20 years.
Loan Purpose
What is your loan for? Your answer won't affect our decision but is helpful to know.
Is this a joint application?

Apply For A Secured 5 Year Loan

A 5 year loan is the perfect option if you want to cover the cost of something now, but you could choose to spread your repayments over a longer period of time.

This loan could make all the difference to your personal circumstances if you have been refused a loan from other lenders. At Evolution Money, we want to help you.

Instead of just looking at computer-generated reports, we look at your personal and financial circumstances – not just your credit history.

To find out more, contact Evolution Money to receive a no-obligation quote.

If you're looking to obtain credit, our secured loans can be used for a range of purposes

Carry out home improvements; a great way to invest back into your property
A wedding loan could turn your plans into a reality
Bigger personal items such as cars can be financed using a secured loan
Take your family on that much needed holiday
Even if you have bad credit we could still help you with a loan

Questions you may have...

Why choose a 5 year loan?

This length of loan is great for people that need to cover the cost of something now, but also want to spread their repayments over a longer period of time.

Many of our customers who take out 5 year loans have decided to invest in home improvements to increase the value of their property, or make important renovations. It might be a new kitchen, garden or boiler; either way, with Evolution Money you could get the money you need and pay it back at a rate that suits you.

While the total amount repayable is higher with a 5 year loan compared to a 12 month loan, the cost of each instalment actually works out cheaper. That means there’s less money coming out of your account each month, leaving you with a bigger portion of your pay packet.

A 5 year loan may also be an option if you are looking to consolidate any existing debts. By consolidating debts into a single monthly payment, you can reduce your overall monthly repayment while giving yourself a longer term to pay the total back over. This could make the task of managing your outgoings easier, particularly if you owe money to multiple lenders. Before taking out a loan to consolidate your debts you need to consider that the total repayable may be more and the term could be extended. Also, by converting your unsecured debt in to a consolidated secured loan, you are securing that debt against your property. So, it’s important to note if you don’t keep up with your repayments, your home may be at risk.

Do I need a good credit score to apply for a 5 year loan?

Even if you don’t have a perfect credit history, our qualified loan advisors may still be able to help you get the money you need.

We base our lending decisions on your current financial situation rather than solely your credit history. Many people who have been refused credit elsewhere are still able to access the money they need through Evolution Money.

Want to know the approximate cost and timescales of your loan? Take a look at our handy loan calculator to see what your repayments might be on a 5 Year Loan through Evolution Money.

Or, give us a quick call on 0161 814 9158 to talk through your loan needs and get a no obligation quote from our qualified loan advisors at Evolution Money.

Apply for my 5 Year Loan

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

Members of the The Finance & Leasing Association

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,
M1 3BE

Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

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!

Award Winning

Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

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