Paragon Personal Finance is one of the UK’s leading providers of secured personal loans. It sources its business through intermediaries rather than direct advertising and has over 600 staff based in the West Midlands.
To be eligible for a Paragon loan you must be a homeowner earning at least £15,000 a year. The minimum age for applicants is 21. Paragon’s Loyalty reward loan offers a 10% refund on total interest paid providing you borrow £10,000 or more over between 10 to 25 years.
Your application can be completed in around 14-21 days, including a consideration period which allows you to read the documentation and be sure that you want to proceed. Once the loan has been agreed, your cheque(s) will be sent to your house by first class post or alternatively, for a £25 fee, can be transferred directly into your bank account.
Remember that a homeowner loan is secured on your house and if you do not keep up repayments then your home may be repossessed.
