Getting a secured loan – checklist
When you apply for a secured loan, you should ensure that you go through the checklist of everything that's required and have any paperwork at hand. This will make the application process much faster and more efficient.
The documentation required when applying for a secured loan will vary according to individual lender requirements and what the loan is going to be used for.
Generally speaking the sort of evidence that will be asked for will be a combination of the following:
- Proof of identity, including proof of name, verified photograph and proof of address. This could be a driving licence or passport
- Utility bills, such as gas bill, electric bill, mobile phone bill
- Bank statements usually from the last 3 months
- Payslips or accounts reference usually from the last 3 months
You should go through this checklist before applying for a secure loan, to help ensure the application process isn’t slowed down while you find any of the documents required.
Applying for a loan
Applying for a secured loan from Brilliant Loans is quick and easy. You can borrow from £5,000 to £100,000 for almost any purpose, including:
- Funding a new car
- Debt consolidation
- Adverse credit secured loans
- Home improvements
Even if you've a poor credit history, you'll be considered for a secured loan from Brilliant Loans. We can offer clients:
- No upfront fees
- Low commission charges
- High LTV loans
- Interest only and fixed rate loans.
If your bank has turned you down for a loan, you can still be accepted by Brilliant Loans.
