Are you looking for a long term loan of above 25,000 $ for a repayment period of say 5 to 30 years?? If so you should opt for our secured loans. Secured loans are an easy substitute of remortgage loans for people who have good credit history. They offer more facilities than the remortgage loans wherein you can raise your property value up to 25% as compared to re-mortgage that are of 27%. Also repayments in secured loans are more easy and flexible since you can extend the repayment period upto 30 years.

Secured Loan Features

  • A secured loan shall go up to 95% Loan to property value ( LTV) compared to the normal 85% for mortgage loans.
  • A secure loan shall not affect your existing mortgage loan.
  • You get an extended repayment period with Secured loans making it flexible and easy for you to take the loan.
  • No hidden fees. No set up charges, no bad surprises.

We believe in total transparency, hence there are no hidden fees or nasty surprises waiting for you after your loan is passed. You will have a fixed repayment amount for the rest of your loan term. Most of the time home improvement is expensive; however our quick and easy loans are competitive enough to offer you the best option available in market.

Quick Facts

  • You are taking the secured loan against your property/home. If you fail to repay, the property can be reposed or seized.
  • In case you are taking the secured loan to repay your existing mortgage, you should be aware that you are extending your repayment period and increasing the total amount of debt.
  • There are fees attached to secured loans which are added to the loan value and included in the monthly repayment.

Eligibility Criteria

To be eligible to avail personal loan you should fall in the below mentioned criteria.

  • An active Bank account
  • One should be above 18 years of age to be eligible for personal loan
  • Permanent residency of UK is a must
  • Permanent monthly income in form of salary, savings or pension
  • No hidden fees or extra fees involved
  • Support from helpline number available in case of query
  • Good Credit history

APR

We know that fine print can be painful, but we believe it''s important you have all the facts!

allcreditsource.com is a division of allcreditsource.com Ltd., Canada''s largest lease-to-own furniture, electronics, appliances, and computer retailer. allcreditsource.com offers a variety of financial services, including loans and prepaid cards. allcreditsource.com Ltd. is listed on the TSX under the symbol ''EH''. For more information.

24 hour approval (between Monday - Saturday) based on a completed application and customer verification including a credit check. Payments are due on scheduled income deposits. Loans are based on a 9-36 month term and loan amounts range from $500-$5,000. Ask for details.

allcreditsource.com offers short term personal loans and is not a credit repair service. allcreditsource.com Services may help improve your credit score by building a credit history provided your payments are made in full and on-time.

Some restrictions and limitations may apply. Ask for details.

Payment includes loan protection insurance fees, but excludes applicable provincial taxes and prepaid card fees.

Amount does not include cost of insurance.

If you take out a $500 loan for a 2 week period and renew it 13 times over a 9 month period.

If you only pay the monthly minimum amount ($10 or 3% of balance, whichever is larger) with an annual interest rate of 19%. Source: Financial Consumer Agency of Canada (www.fcac-acfc.gc.ca)

If you take out a loan on a 5 year term with an annual interest rate of 8%. Source: TD Canada Trust Loan Payment Calculator (www.tdcanadatrust.com)

Effective April 2nd, 2014, allcreditsource.com and allcreditsource.com locations no longer support reloading of funds onto the Prepaid MasterCard via cash or debit. Reloading funds to your Prepaid MasterCard can still be done through online banking. For further inquiries, please email epic@allcreditsource.com

Credit Score Impact

While having a loan and honouring its obligations can help build credit, too many loans may be seen by potential creditors as an increased risk, and failure to meet repayment obligations will result in a negative report to the credit bureaus, which would reduce your credit score. Please borrow responsibly.

Renewals

Loans from allcreditsource.com Services do not automatically renew. Customers have the option to request an increase to their loan after paying down a percentage of their current loan amount and maintaining good payment history. Such a request would be subject to the company''s standard underwriting rules.

Financial Implications

allcreditsource.com Services offers personal loans from $500 to $5,000 with terms from 9 to 36 months. The APR is 39.78%, and there are no additional fees for the loan. allcreditsource.com Services does not charge a late fee, but payments returned NSF (non-sufficient funds) will be assessed a $50 fee in addition to fees charged by the customer''s financial institution.

Collections Practices

allcreditsource.com Services contacts customers in arrears as soon as possible. allcreditsource.com contacts customers in arrears through various means including, but not limited to telephone, email, postal mail, and SMS. allcreditsource.com Services may work with third parties to assist in collections activities.