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Secured Loans

Secured Loans > Our Loans > Secured Loans

You could get up to £100,000 when you choose a secured loan from Evolution Money.

Our secured loans can be used for just about anything: to pay for a house renovation, finance a new vehicle, or fulfil your financial objectives.

We offer a simple application process, flexible lending terms of up to 20 years and no-obligation quotes when you choose us as your secured loan provider. Use our handy secured loan calculator today to see how much ours could cost you in the UK.

Start the process today by filling in our simple online form or contact us directly by emailing info@evolutionmoney.co.uk or calling 0161 814 9158.

We offer various types of loans with many positive reviews from customers, which we hope will give you peace of mind when choosing Evolution Money.


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.
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What is a secured loan?

A secured loan is when you borrow from a lender and put an asset up as collateral – usually a home. The lender can then take possession of this asset if you fail to make your repayments.

Secured personal loans are usually large and ours range from £5,000 to £100,000. Lenders of secured loans are more likely to give out larger borrowing amounts because they have a lower risk and can recover any money that’s not repaid.

Ensure you’re confident you can make the repayments before you take out a loan because you could potentially lose your home if you don’t.

What are the advantages of a secured loan?

If you need money but have been refused in the past, here’s why a secured loan might be the best option for you:

  • You can borrow larger amounts than most unsecured loans.
  • Secured loan interest rates tend to be lower than unsecured ones.
  • Repayment times can be longer than on unsecured loans.
  • Secured loans can boost your credit score.
  • You can get a secured loan with a bad credit rating.

What are the disadvantages of a secured loan?

There are factors you should be aware of before taking out a secured loan. These include:

  • Borrowing too much can lead to financial struggles.
  • Longer repayment terms may mean you pay more in interest.
  • Failure to repay a loan could impact your credit score.
  • Your property could be repossessed.
  • Early repayment charges may be expensive.

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
Bigger personal items such as cars can be financed using a secured loan
Even if you have bad credit we could still help you with a loan
Debt consolidation simplifies your repayments by putting your debt in one convenient place

Why choose Evolution Money for a secured loan in the UK?

If you own a home, a secured loan from Evolution Money may be a suitable option. We can help you find affordable payment terms that suit your circumstances.

That’s because our approach is different to other lenders. Rather than focus solely on your credit history, we look at your full story. We know everyone’s situation is unique – including yours, regardless of whether you’ve had credit problems in the past or not. Here are some reasons you should apply for a secured loan online with us:

Apply for a secured loan today

Want to know the approximate cost and timescales of your loan?

Fill out our simple online form or call 0161 814 9158 to talk through your needs and get a no-obligation quote from our qualified mortgage advisors. Be sure to check out our help and advice page if you need any assistance during your secured loan application process.

Apply for my secured loan

FAQs about secured loans

Want to learn a little bit more about getting a secured personal loan with us online? Take a look at some of the most asked questions below.

Want to learn a little bit more about getting a secured personal loan with us online? Take a look at some of the most asked questions below.

How do secured loans differ from unsecured loans?

Secured loans work differently to unsecured loans. A secured loan is ‘secured’ against an asset, while an unsecured loan isn’t. This means that a less-than-perfect credit history needn’t be a barrier to you getting the money you need, as long as you can evidence you can now afford the loan.

If you would like to know more regarding secured loans vs. unsecured loans, we’ve created a page with all the facts you need to know.

What do I need to do to apply for a secured loan?

We’re committed to being clear and upfront about everything involved in getting a secured loan through us. That’s why we created a clear step-by-step guide to our loan process.

Are secured loans hard to get?

You still need to complete a thorough application and evidence affordability for a secured loan, however, because you’re putting collateral up for lenders, so their money is relatively safe – even if you have a bad credit history.

Am I eligible to apply for a secured loan?

To qualify for a secured loan with Evolution Money, you need to:

  • Own a property.
  • Be aged 21-70.
  • Be a UK resident.
  • Be able to afford the repayments from your normal income.

You must also be able to pay off the loan by your 70th birthday.

How much can I borrow?

Evolution Money can provide secured loans from £5,000 to £100,000.

How long is the repayment term?

Evolution Money offers bespoke secured loan repayment terms ranging from 3-20 years . And, because the secured loan can be repaid over a longer period, this means we could offer a low-cost monthly repayment amount.

Are there any fees to pay?

We are completely transparent about the fees involved in your loan. There is a Lending Fee and a Product Fee added to the total amount repayable by you over the duration of your loan term. The Product Fee varies, while the Lending Fee is £714.00.

For example, on a £6,000 loan, there would be a Product Fee of £600.00 and a Lending Fee of £714.00. All fees will be clearly broken down, so you can see exactly what you will be expected to repay.

Can I use a secured loan to build my credit score?

Yes. Secured loans can be a great way to build bad credit ratings back up, so long as repayments are consistently paid on time.

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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Our Address

Evolution Money,
9 Portland Street,
M1 3BE

Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

0161 814 9165

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Freephone 0800 144 8188

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