If you see any loans that are secured, you should be wary of them.
A secured loan is when the debt is held against an asset (usually property) – think carefully before securing other debts against your home because your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
This will help you try and avoid a rejection for credit, which will be recorded on your credit report and lower your credit rating.
Our Eligibility Checker tool performs a soft search, which means there’ll be no record of the search on your credit report.
This is unsurprising: just as income generally rises with age, so do outgoing costs, such as mortgages and credit card debts.
However, it's also true that young families are particularly vulnerable to debt, which might account for why the 25-44 age band tends to require higher loan amounts.
Remember that the longer you take to pay it off, the more interest you will pay overall.We never take a fee from customers for this broking service.