Online secured loans.co.uk Anyone????

gbnut

Hi There am looking to take out a loan for £30000 for a new car but was wondering what this loan company broker was like??? Online secured loans.co.uk i have never hered of them. Has anyone else got experience of using them????

Anyone got suggestions on what loan to take Both husband and me have excellent credit history.

Susan

MORPH3US

Is there any reason you chose that site rather than a bank or the dealers finance company?

Rates from 6.4% APR to 70.0% APR for smaller loans.

I'm betting if you apply you'll end up nowhere near 6.4%

Enfieldian

£30,000 for a new car?

You are brave, it will lose most of that as soon as you drive it off the forecourt.

CHR15

If you are even considering unheard of loan brokers to borrow money from, it would appear you are living the dream (and in one).

Seriously, have you thought this through at all??

iolanthe07

If you need to borrow for a 30 grand car, then you can't really afford it.

davetrousers

A SECURED loan to buy a car?

You'd put your home at risk for that?

gbnut

I was only loooking at other options than taking car finance out!!!!! Who has £30000 in there bank!!!!! i was trying to get as low a apr as possible anyway have been accepted by nemo at 8.4 %

Yes to all your questions have thought through and yes can afford it !!!!! am not buying brand new car either!!!!!

CHR15

You are going to secure your HOUSE against a tin box which could be written off in an instant?? Madness!! utter madness!!

Good luck, you are going to need it, I hope you don't drag others down with you.

gbnut

You never hered of car insurance the only way i will loose house is if i dont pay the loan payments which i can afford!!!!

Anyway not getting into an arguement only asked a simple question if anyone had hered of them and i believe nemo is well known plus the car company are now offering 5.9 so we are going with them

CHR15

Please pop back with the inevitable Flat Rate against APR question once you get the documents through.

Good luck

leveller2911

Wow, I thought I was mad 2yrs ago buying a motorhome for £42k ..borrowed £25k (unsecured)and screwed Black horse down to 3%.(I was happy with that).. Glad to say I got over my midlife crisis and sold it this year.......