We work with trusted brokers to give you access to a panel of leading lenders well placed to meet your needs.
We offer a fast and effective way to borrow £60,000 over 3 to 30 years, with rates starting from just 6.5% APR.
Proper Finance is a price comparison website and we help you to compare rates across the UK market for a range of financial products. For £60,000 loans, we are partnered with Lending Expert who work with a number of FCA regulated lenders.
Our application process starts online and you can begin by completing your details in less than 5 minutes using the button below.
We offer secured loans where you can use security such as your home to maximise your borrowing potential. With affordable rates from 6.5% APR, you can get a quote today with no impact to your credit score. Please note that the asset you use as security may be at risk of repossession if your loan is not repaid on time.
At Proper finance, we work with lenders all over the UK and it is our mission to make the perfect match. The benefits include that it is:
At Proper Finance, we aim to transfer your funds as soon as possible after you are fully approved for your loan.
To speed up your application, make sure that you have any documents available just in case including:
It always helps to be available by email or phone just in case the lender has some follow up questions.
Plus, you should always give true and accurate information because anything flagged by the lender could mean asking for additional proof and slowing things down. But if you apply with your real information and during working hours, you can certainly speed things up and get approved and funded as soon as possible.
The eligibility criteria to borrow £60,000 includes:
Secured loans can prove to be a favorable choice for certain individuals to get access the financial assistance they need. One notable advantage of secured loans is their tendency to offer lower interest rates compared to unsecured alternatives. This benefit stems from the lender’s confidence in having security for the loan, which, in turn, reduces their exposure to risk. Lower interest rates mean the potential for reduced monthly payments and the potential for overall cost savings throughout the loan’s duration.
Secured loans typically grant borrowers access to more substantial loan amounts when compared to unsecured options. This proves advantageous when facing significant expenses like home improvements or debt consolidation.
Secured loans often present extended repayment terms, affording borrowers the flexibility to distribute payments over an extended timeline. This can enhance the loan’s manageability by reducing the monthly installment amount.
Furthermore, secured loans can be more accessible to individuals with lower credit scores or limited credit histories. Because the security of a house or vehicle mitigates the lender’s risk, they may be more inclined to approve loan applications, even if the applicant’s creditworthiness is less than ideal.
|Loan Duration||3 to 30 Years|
|Rates From||6.5 %APR|
|Free to Apply||Yes|
|Bad Credit Accepted||Yes|
Yes, you can be approved for a £60,000 loan with bad credit and you will need to provide security (such as a home or property) in order to de-risk your loan application.
When applying for a secured loan, you are able to leverage the value of something you own, whether it is a home and you can borrow money against it, even if you do not own it outright. Based on its condition, age and valuation, you can certainly borrow £60,000 or even more.
Our partners will always be willing to take a view on customers with bad credit, provided that they have a stable income, security and are committed to repaying their loan on time. However, the loan rates may be a little higher than average if you have poor credit and your loan amount and duration may be adjusted.
Note that any security used as security can be at risk of repossession if your loan is not repaid or cleared over time.
To access the best rates possible, you should ideally have:
If you want to apply for a loan through Proper Finance, simply click on the button below. Our online application takes just a few minutes to complete and you will receive a decision shortly thereafter. As part of the application, you will need to share the following personal details:
Click on the button below to go straight to our online application form. Here, you can fill out the form, providing the personal details listed above. We will check your eligibility and promptly get back to you with a fast decision.