A remortgage is a secured loan that means you can raise the capital you need from your home. This can be used for Debt Consolidation to make things easier each month, for home improvements to build a better home or to Release the Equity in your home.

Secured loans can be used if you own your own home. You can use it to gain access to finance and extra cash which you may not have realised was available to you. You can take out a secured loan with First Choice, even if you have bad credit. Use a secured loan for any purpose - consolidation, home improvement, extra cash or buy a car

Will you use this loan to clear existing mortgage? Loan consolidation means you use a consolidation loan to pay off your existing loans and credit. By transferring your debts to a consolidation loan, you often pay a lower rate of interest and lower monthly payment, and just one lower monthly payment.

If you are a homeowner, mortgage payer or tenant with a bad credit rating and want to take out a loan, it makes sense to consult a finance broker or apply directly with a lender who specialises in loans for people with adverse credit, CCJs, defaults and discharged bankrupts.