Borrowing £25,000 - £50,000 with Norton Finance
At Norton Finance, we scour an extensive market in search of a loan to suit your financial and personal circumstances. So, whether you are dealing with a home emergency or want to spread the cost of an investment, we’ll help you find the best £25,000- £50,000 personal loan to put your finances at ease.
Before deciding upon the terms and repayments on a £25,000 - £50,000 personal loan, you must first decide if you want an unsecured or secured loan.
A secured loan is backed by an asset such as a house or a car, to act as collateral if you fail to meet the repayments. If this happens, the lender can recover the asset to cover the money owed.
An unsecured loan, on the other hand, doesn’t involve any assets, meaning the lender can’t automatically take ownership of your items if you default on payments. However, a lender will pay closer attention to your credit score to judge if you are considered a trusted borrower.
There are positives and negatives to both unsecured and secured loans, depending on your unique circumstances. Speak to one of our helpful team for more guidance on which loan best suits you.