Loans Explained

FINDING THE RIGHT LOAN

We understand that deciding which loan is best for you isn’t easy, so at Portfield Financial Services provide information and support to help you make that choice.
We provide both secured and unsecured loans to meet all circumstances with a variety of interest rates and terms. To help you make your choice, and bearing in mind that you will have already thought about your monthly outgoings you may wish to take a few minutes trying our loan calculator.

SECURED LOANS

A secured loan is a loan that is secured on your property, and is sometimes called a 2nd charge. 
At Portfield Financial Services you can borrow any amount from £1,000 to £500,000 and can take the secured loan over 3 to 25 years.
We can assist if you have mortgage arrears, County Court Judgements or no proof of income (employed or self employed), and also if you have no equity in your property by lending up to 125% of your property value.
The interest rates on secured loans tend to be lower than unsecured, the loan calculator allows you to compare rates to see how much you could save on your monthly outgoings.

At Portfield Financial Services we endeavour to process an application as quickly and efficiently as possible.  On average a secured loan application usually takes 10-14 days to complete from receipt of completed application form.

UNSECURED LOANS

Portfield Financial Services unsecured loans are available from £1,000 to £15,000 and can be taken over 3 to 10 years. All applications are handled quickly and can often take only 3 - 4 days to complete. Unsecured loans are only available to clients with no adverse credit history or mortgage arrears.