Loans

At Caboodle your finance needs are our priority

• No obligation enquiry
• Experienced advisers to guide you through the process step-by-step
• Straight forward telephone and postal service
• No upfront fees. Any fees payable are only due on completion and can be added to your loan

Some of the most common reasons for choosing a secured loan are…

• High street banks and other lenders have restricted who they will lend to and how much they will lend on an unsecured basis meaning that some people either cannot access the finance they want or are not able to raise the amount they require.
• Secured Loan lenders will consider customers who have an adverse credit history, are self employed, have been declined finance already or who are in receipt of benefit income.
• Borrowers who are on good mortgage rates or have significant early repayment charges for switching do not wish to lose the arrangement they have with their existing mortgage lender.
• Personal circumstances have changed since the original mortgage was taken out and therefore borrowers either cannot move to a new mortgage product or do not wish to sacrifice the deal they have to raise the additional funds they need.
• The main loan purpose being for consolidation of existing credit, which is not always acceptable to mortgage lenders.
• Mortgage lenders have restricted their risk appetite and are therefore lending at lower levels than in previous years which is also restricting the options for a number of people who are looking to raise capital.
• Wanting the new finance over a different length of time to the remaining term of their existing mortgage.