£20,000 Secured & Unsecured Personal Loans
If you are looking for a £20,000 personal loan you are going to want to make sure you shop around to get the best rate possible. Here at The Money Hub, we can do that for you. We have a large number of secured and unsecured lenders that can provide you with the £20,000 loan you are looking for.
Our clients trust us to ensure they are getting not only the best deal from our lender panel when it comes to their £20,000 loan, but also the best service we have to offer. A £20,000 loan can be used for a wide variety of reasons.
I need my £20,000 personal loan this week. Is this possible?
You will be happy to hear that, yes it is! We have a number of unsecured lenders that are able to get you the £20,000 loan within 24 hours. The ability to obtain a £20,000 loan on an unsecured basis is dependent on your previous credit history and/or your current financial situation.
What is the maximum age to get a £20,000 loan?
The minimum age to apply for any form of lending is 18 years old. We have unsecured £20,000 personal loans available with no maximum age limit and if you wish to look at secured loan options, the maximum age is 80 years old.
Do I have to have a good credit history to get a £20,000 personal loan?
The short answer is No. We work alongside a large panel of lenders who are able to provide you with a loan even if you have had bad credit in the past. We work with clients who have had previous missed payments on credit cards, loans and mortgages, as well as defaults and CCJs on other credit.
Will it affect my credit rating applying for a £20,000 loan?
When providing you with an initial quotation we only perform what is referred to as a soft credit check. This will not be visible to other lenders, nor will it have an adverse affect on your overall credit score.
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How we work
Just some of the UK Lenders we compare
UNSECURED LOAN REPRESENTATIVE EXAMPLE - 49.9% APRC (variable) Secured loans from 3.83% APRC.
SECURED LOAN REPRESENTATIVE EXAMPLE - Assumed borrowing of £30,000 over 240 months, with a 36 month fixed rate followed by a variable rate plus a brokers fee of £1,495 and a lender fee of £495 would result in a monthly repayment of £256.04, the APRC 8.2% for 36 months then a monthly repayment of £247.45 on variable rate, the total amount payable would be £59,817.24. The actual rate available will depend on your circumstances, please ask for a personalised illustration.
By taking out a secured loan you are borrowing money that is secured against your home. 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. Rates as of 16/01/2017.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP, GO TO MONEYADVICESERVICE.CO.UK.