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NO PAYMENTS for the first 5 months on many loans!
You can borrow up to £100,000.
Spread your payments out and make them more affordable. Repayment periods from 3-30 years.
Arrears, CCJ's or bad credit? No problem - All Accepted.
Borrow up to 100% of your home's value.
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Taking out a secured loan is not something that should be done on the spur of the moment.  Secured loans should be carefully considered, and the decision should be deliberated upon for some time before applying for the loan.

Secured loans are basically loans which use your property as collateral.  In other words, your property is like a form of security for the lender in case you don’t pay for the loan.  In the event that you neglect to pay for your loan, the lender gets to have your property. 

Sounds rather scary…and it can be if you have a secured loan and you find yourself suddenly unable to pay.  Well, with secured loans through Picture Loans, this type of situation isn’t quite as scary.

Picture Loans has a solution for customers—one that many lenders do not offer.  It is called the Picture Payment Protector.  This special offering from Picture Loans can give customers peace of mind—it can ease their fears about what could happen if they suddenly were to become unable to pay for their secured loan.

Unlike some lenders, Picture Loans understands that—like it or not—bad things sometimes do happen. People do end up being let go from work due to failure of the business.  People do get into auto accidents, causing them to miss work for weeks or months at a time.  People do get diagnosed with serious conditions (such as cancer, for example), that cause them to have to stop working for several weeks or months.  These things can happen to absolutely anyone.

So, Picture Loans developed the Picture Payment Protector for this very type of situation.  We don’t want you to have to worry about your home being repossessed when you can’t pay your loan due to misfortune beyond your control!

Here’s how it works.  Pay a single extra premium payment and that will cover the first five years of your secured loan.  You can even spread out the cost of that extra premium payment over the span of several loan payments.  Of course, there are a few more details (aren’t there always more details?); however, this plan can definitely give any person peace of mind about their secured loan from Picture Loans.

Now, speaking of that secured loan from Picture Loans…the Picture Payment Protector isn’t the only reason why you should get a loan through Picture.  Competitive interest rates—typically around 8.4% APR—is another compelling reason.  Also, Picture takes a longer viewpoint of your finances; therefore, you can even get a loan of more than what your home is worth…up to 100% of your home’s value (less, of course, the balance of your current mortgage).

Normally, unsecured loans are offered for amounts of £25,000 or less.  By getting a loan through Picture Loans, you can borrow much more than this.  Plus, you can borrow it quickly—Picture can get things moving on your loan and completed with in a matter of days, rather than it taking several weeks for completion.