We are currently experiencing technical difficulties with our telephone system.
We apologise for any inconvenience and are working to resolve this as soon as possible.
Evolution Money
Customer Enquiries 0161 814 9158
This website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Continue

Evolution Money is here to help you get the money you need as soon as possible.

Secured £5,000 loans

Home > Our Loans > £5,000 Loan

We know from experience that people apply for loans for all sorts of reasons. It may be to pay off existing debts, install a new kitchen or a new boiler, buy a new car or even plan a dream wedding day. Whatever the reason, it’s always a good idea to set a realistic budget beforehand and only borrow what you can comfortably afford to repay.

Our team of secured loan consultants have helped thousands of customers to work out a repayment timeline that matches their personal situation and monthly outgoings. A £5,000 loan could help to take the stress out of managing repayments and worrying each month about your finances.

Loan decisions made by real people

Unlike many high street lenders and credit card providers, Evolution Money don’t only rely on computer-generated reports and credit scores when reviewing a £5,000 loan application. Our team of loan experts are here to listen to your personal financial needs, talk through loan options and get you the money you need.

We believe that a person’s current financial situation is far more important than past credit history, particularly among homeowners who are looking to secure a loan agreement against their house. Before you confirm your ideal loan agreement, we always take time to explain all expected costs up front so there are no hidden fees further down the line.

What are your repayment options on a £5,000 loan?

Evolution Money offer a range of flexible repayment plans on a £5,000 secured loan. Many people choose to spread the duration of their loan over a longer period, which does reduce the cost of each monthly repayment but it also means that they will pay more interest overall. It usually boils down to cost versus time, and whether you want to minimise the total cost of the loan or give yourself more time to pay back the money you owe.

For instance, a £5,000 loan paid back over 12 months will cost roughly £576 per month for somebody with a fair credit rating. If that same person chooses to pay back their loan over 48 months instead then they are only due to pay back £205 per month, but with a higher amount to pay back in total.

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 £5,000 loan through Evolution Money.

Or, give us a quick call on 0161 814 9158 to talk through your options and get a no obligation quote from an Evolution Money personal account manager today.

Apply for a secured £5,000 loan
Warning: Late payment can cause you serious money problems. For help, go to moneyadviceservice.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 90 out of 100, based on 112 reviews over the past year. 112 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoThe Finance & Leasing Association is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK.

Socialise

Feeling social? Check out our social pages!

Tweet us on Twitter
Like us on Facebook
Pin us on Pinterest
Add us on Google+

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 8 St John Street, Manchester, M3 4DU. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2018 Evolution Money | Privacy Policy | Cookies | Complaints Policy | Breaking Down Our Loans | Terms & Conditions
Apply Online
I want to borrow £


You will receive a call today to continue with your application.
Thank you for taking the time to fill in our online enquiry form. Unfortunately in this instance we won't be able to help as being a homeowner is one of our primary requirements.
Start Here
Please wait

Please wait

Don't leave just yet!

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

Back to Evolution