Secured Loans - Where you use an asset such as your home or car as collateral against the loan, so if you were to default on payments, the lender would be able to take ownership of the asset to repay the loan, thus reducing the risk of the lender losing money.
Guarantor Loan - This is where you would have someone guarantee they will pay your loan if you would default on the payment, this person would normally have a good credit score and be a family member.
Payday Loan- If you have poor credit these are high-interest loans normally taken over a short period of time but not exclusively these will be from companies that either have no credit score criteria or a very lenient one but make you pay high interest for the service
Creditum Loans have solutions for all three of the above options so if you require a loan £50- £25000 and have poor credit Visit out Website https://creditumloans.co.uk/.
We are a loan company that let people with Poor Credit have Options, giving them long term and Short term solutions.
We provide Secured Loans, Guarantor Loan, Payday Loan.