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Case Study

Mr and Mrs Madden had the following financial commitments:

  • £5000 - bank loan
  • £5700 - joint credit loan
  • £7800 - car finance
  • £500 - store cards

Total monthly repayments - £914

Mr and Mrs Madden found their monthly repayments difficult to manage and wanted to borrow some additional money for home improvements. They contacted 1st Rate Solutions and we arranged a secured loan of £25,000* at 10.9% over 120 months for them.

New monthly repayment - £336.33

The loan saved Mr and Mrs Madden £577.67 per month allowing them extra income to improve their quality of life and the money needed for their home improvements.

Take advantage of our additional borrowing facilities today and allow us to source the best interest rate available for you on a secured loan from £5,000 - £250,000.

Even if your circumstances regarding employment status or credit history have altered since taking your mortgage you may not be as restricted in your borrowing as you think.

* Total amount repayable = £40.359.60 at 10.9% APR typical variable

Please note
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or loan secured on it.