A secured £20,000 loan could help you in a variety of circumstances. You could use it to consolidate your debts or to undergo renovations that increase the value of your home. A secured loan from Evolution Money could help you to get the funds that you need to achieve your long-term financial goals.
We may consider you for a £20,000 loan even if you have a poor credit score linked to CCJs, defaults or late payments, or even if you’re currently on a Debt Management Plan. Our qualified mortgage advisors will speak to you and discuss your current personal circumstances to help to find a solution.
After a few easy steps, you can get a free, no-obligation quote for your £20,000 loan. Simply complete our simple online form or contact us directly. To do this, you can email [email protected] or call 0161 814 9158.
For added reassurance, you can find out more about what others have said about the loans we offer by checking out our reviews.
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The service was quick, straight forward and helpful. The customer liaison was friendly and professional.
Friendly & polite staff. Helpful & consistent, willing to help find a solution to meeting my needs.
Very simple process and very quick from application to getting money 4/5 days brilliant
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Apply for a secured £20,000 loan
Since 2011 we have helped thousands of customers to find a suitable loan, whether that’s a 20k loan or a 100k loan. The length of your application will depend on your circumstances and in most cases we won’t need to visit your home as we focus on online valuation, however we do sometimes do drive-by valuations.
There also might be no need to contact your mortgage company, and on top of that there are absolutely no hidden fees or charges. Speak to our qualified mortgage advisor for a no-obligation quote today.
What is a secured loan?
Also known as homeowner loans or second-charge mortgages, secured loans allow you to borrow money and use your home as ‘collateral’ or ‘security’. As a result, only homeowners are eligible for a secured 20k loan with us. However this also means that if you are unable to make payments in line with the conditions of your loan, the lender could repossess your property.
We will agree the repayment terms with you prior to taking out a secured loan which will include the monthly repayments, interest rates and term.
If you're looking to obtain credit, our secured loans can be used for a range of purposes
Carry out home improvements; a great way to invest back into your property 
Bigger personal items such as cars can be financed using a secured loan 
Even if you have bad credit we could still help you with a loan Why choose Evolution Money for a secured £20,000 loan?
At Evolution Money, we work on a case-by-case basis so that we can match you with the right loan for your financial circumstances. Our approach means we’ve been able to help thousands of people by pairing them with a loan that works for them.
Here are a few reasons why you can have confidence in us when applying for a £20k loan with Evolution Money:
- We’ve lent to over 31,000 customers with tailored repayment terms, which you can see for yourself by looking at some of our loan case studies.
- We provide you with a thorough breakdown of our loans up front, so you won’t need to worry about hidden fees.
- We have thousands of positive reviews from past customers, which has earned us an excellent Feefo rating, as well as the Platinum Trust Service Award 2022
- We’re regulated by the Financial Conduct Authority and, as a member of the Finance and Leasing Association, we follow the Lending Code.
- Alongside our mission of providing clarity, we’re committed to assessing your personal situation, without penalising you solely for your credit score and while providing support during your application.
Apply for a secured £20,000 loan today
To get the ball rolling, don’t hesitate to call us on 0161 814 9158. This way, you can get a no-obligation quote from one of our qualified mortgage advisors over the phone to see what your repayments might look like on a £20,000 loan with Evolution Money.
For a typical loan of £30,000.00 over 120 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £598.34.
Including a Product Fee of £2,400.00 (8% of the loan amount) and a Lending Fee of £807.00, the total amount repayable is £71,800.20.
Annual Interest Rates ranging from 11.88% to 29.38% (variable). Maximum 50.00% APRC. The loan must be paid back by your 70th birthday. Read more.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
