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Joint Loans for Bad Credit

Secured Loans > Our Loans > Joint Loan

Joint Couple Loans

If you’re finding it difficult to apply for a loan by yourself, consider taking out a joint loan with your spouse or partner

Find out how a joint couple loan can improve your borrowing options today and take advantage of our simple application process, wide range of borrowing options, better rates, and flexible lending terms of up to 20 years.

Apply today and see how you could benefit from a joint loan.

What our happy customers say:

How much do you want to borrow? £5,000 to £100,000
For how long? 3 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?

Joint loans for couples offer more ease, more affordability

Joint loans for couples may offer more options than applying for a loan individually. When there is more than one borrower, there can be more income and more collateral to take into account. This not only allows you to qualify for a larger loan but could offer better deals on credit too.

Joint loans could provide you with a helping hand when it comes to a large purchase or debt consolidation. Particularly if you’ve had credit problems in the past. We make sure we do an affordability check on your joint application.

One important aspect of a joint couple loan is the shared payment responsibility. However, the loan will need to be paid off even if the relationship between the two borrowers ends. Each person is responsible for the loan regardless of what happens personally between them.

Use our joint loans calculator to see how much you could qualify for.

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...

What can I use a joint loan for?

You can use a joint loan for almost any purpose, like debt consolidation or if you are looking to improve the value of your property through home improvements. From fitting a dream kitchen to installing a new conservatory, a joint loan is an option for homeowners who want to access their loan sooner rather than later and pay it off in their own time.

Is a joint loan your best option?

Before committing to a joint loan, it’s important to consider all available loan options, including individual loans.

If one person meets all necessary criteria by themselves then a joint loan might not be necessary.

You can apply for an individual loan an them establish a payment agreement with the other person involved (but you will be solely liable). However, it may be that you require a larger amount that you cannot apply for on your own therefore you may need to apply for a joint loan with another person. A joint mortgage will need a joint application

Before you apply for a joint loan

If you do decide to apply for a joint loan make sure that all people involved will be able to pay the full amount and understand their obligations. This is the best way to avoid any complications down the line, particularly if one of the parties decides they want to end their role in the arrangement.

We advise all our customers to remember that they remain 100% responsible for repaying the loan under the agreed terms, regardless of what happens personally between them. That’s why it’s important to clarify each person’s duty to make payments, details of ownership and instructions in the event of an accident or death.

This information can help any future complications before they happen.

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 Joint Couple 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 Joint Couple Loan

Representative 28.96% APRC (Variable) - For a typical loan of £20,950 over 85 months with a variable interest rate of 23.00% per annum, your monthly repayments would be £537.44. Including a Product Fee of £2,095.00 (10% of the loan amount) and a Lending Fee of £714.00, the total amount repayable is £45,682.15. Annual Interest Rates ranging from 11.7% to 46.5% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.

Think carefully before securing debts against your home your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
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Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

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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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