Low cost loans – our speciality

At Brilliant Loans, we specialise in providing low cost secured loans. To ensure that you know everything you need to when applying for a loan, we have put together this guide to explain any fees you may come across.

Broker Fee:
This is the charge made by the broker to cover the cost of processing the loan for you. This could include administration service, valuation reports, mortgage and other reference costs.

The fee charged can be a maximum of 12.5% of the total loan amount.

Product commissions:
This is the commission paid to the broker by the company lending you the money. The amount paid is usually based on a percentage of the total amount borrowed.

Arrangement Fee:
The arrangement fee covers some of the cost incurred by the lender for the some or all of the following:

• Property valuations.
• Surveyor reports.
• Legal costs.
• Administration and overheads.
• Land registration costs.
• Credit searches.

Any fees are kept to a minimum when you apply for a low cost secured loan from Brilliant Loans.

Keep payments down with a low rate secured loan

Our low rate secured loans are designed to benefit our customers. When you apply for a loan, you can be sure you are getting a great interest rate, on amounts from £5,000 to £100,000.

What you spend the money on is entirely up to you. You could get a low rate secured loan to fund:

• Home improvements.
• A car purchase.
• Debt consolidation.
• Wedding expenses.

At Brilliant Loans, we offer low cost secured loans, combining low fees and interest rates, for almost any purpose.