Evolution Money

Evolution Money works as a credit broker for its parent company, Evolution Lending Limited. They offer secured loans between £5,000 and £50,000, repaid over one to twenty years. To be eligible for a loan with Evolution Money, you would need to be a homeowner - if you have a joint mortgage, you’re also able to make a joint loan application.

Evolution Money assess each application individually - you’ll need to complete an online form, and then speak to one of their advisers, where you’ll be given an instant quote. There is no obligation to take out a loan at this stage, even if you are approved, but it should be noted that you will be credit checked.

Secured loans often come with lower interest rates - Evolution Money have a Representative APRC of 24.18% (variable), but these types of loans do come with the risk of losing your assets should you default on the loan.

Last Updated: December 2021

Why Apply Through My Financial Broker?

• Bad Credit Scores Considered: A poor credit score is often caused by something outside of your control. Difficult life events, like taking extended sick leave or losing your job, can mean you fall behind on your finances and credit commitments, which will lower your credit score. More traditional lenders may penalise you for such circumstances, but short term lenders believe that as long as you can afford to make the loan repayments, you should be able to borrow money when you need to.

• No Fees or Charges: Using our services is completely free for our customers. We instead earn money by working on a commission basis with our lenders. 

• High Chance of Approval: We help the majority of our customers find a short term loan solution. With a large number of lenders on our panel, we can compare lenders for you, and do our best to connect you with the right lender.