There are lots of reasons why you might find a second mortgage an excellent option A second mortgage, often known as a homeowner mortgage or loan, is a loan that’s secured on your home. It can help you get access to a large amount of money without remortgaging. You...
Definitions that help make financial lingo easier to understand The jargon buster Every industry has its own jargon and financial services is no different. But, at Loan.co.uk we avoid it. We try very hard not to use jargon but sometimes there’s no alternative. So, to...
Early Repayment Charge, the hidden fee that could cost you thousands When you’re searching for loans, you need to look out for an early repayment penalty (ERC) as well as the APR. Many people just focus on comparing Annual Percentage Rates (APRs), but just because a...
Consolidate your debts into a single monthly repayment Debt consolidation usually involves taking a number of existing loans and credit card balances and combining them into one single, relatively large loan. Why would you want to consolidate your loans like this?...