Who might want to borrow a Step One Finance secured loan?
Those looking for secured loans are often people who want access to larger loan amounts than those offered by unsecured loan providers. They may also want to repay the loan over a longer period of time.
You can usually spend the money borrowed through a secured loan provider on anything, but costly home improvements, debt consolidation, business asset purchasing and large unexpected expenses are other popular reasons to look for a secured loan. If you do use the cash to consolidate existing debt, however, it is important to realise that you may end up repaying more in total as the term of the loan could be extended far beyond your initial deals.