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Evolution Money have a wide range of homeowner secured loans from £5,000 to £50,000.
Evolution Money works as a credit broker for its parent company, Evolution Lending Limited. They offer secured loans between £5,000 and £100,000, 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 28.96% (variable), but these types of loans do come with the risk of losing your assets should you default on the loan.
Last Updated: February 2023