Our team of instalment loan specialists have supported thousands of people in making a decision that’s right for their own personal situation. Many borrowers choose to opt for a secured instalment loan for a number of reasons:
Clear monthly budget. With an instalment loan, borrowers can establish an estimated cost as part of their monthly outgoings. This allows people to better manage their budget and stick to a clear financial plan.
Flexibility. If you opt for this type of loan, you’ll never be expected to pay above the agreed instalments. With flexible repayment periods, you can decide on a term that is most affordable for you.
Larger value loans. Instalment loans often give applicants the chance to borrow a higher value loan.
More time to repay. Loans of a larger value, we will always look for the most affordable payment term that is suitable for you. Evolution Money offers a maximum loan duration of 20 years, which allows the borrower to split the cost of their loan into 240 monthly repayments.
Fewer usage restrictions. A secured instalment loan can be used for almost any purpose. We regularly work with people to help fund major home improvements, existing business investments, car purchases, or even their wedding day and honeymoon.