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Secured Debt Advice
A Secured Debt, also referred to as a "Secured Loan" is where you, the borrower takes out a loan, whilst securing it against some sort of asset, be it your car or property. This makes the debt become a secured debt to the creditor (the provider of the loan).
In the event of your defaulting on payments of a secured loan, the creditor can take possession of the secured asset as payment. They may even sell the asset in order to satisfy the debt owed.
Examples of Secured debts are mortgages, loans on property, Hire Purchase etc...
What to if you need advice on your secured debts
If you are unsure as to whether your debt is secured or unsecured, please contact Debt Advice to find out.
If your debts are getting too much to handle we at Debt Advice may be able to help you. Fill out the form below explaining the nature of your enquiry. Our experienced Debt counsellors will revise your details and be in touch providing you with the best answers and options for your circumstances.
All of our debt advice is free and confidential. Your information is not retained or passed to any third partys. You have complete control over what you want to do with the advice we give you.
If you are struggling with your debts and need help immediately please do not hesitate to contact Debt Advice. Our debt counsellors on 0844 56789 44. We are on hand with a sympathetic ear, so please don’t hesitate to give us a call, email, text, or online chat. A problem shared is a problem halved and it’s our job to listen, talk or help.