About Us
SpotDebt offers a wide range of Secured Loans, Debt Management, Debt Consolidation, IVA and Pay Plan programmes to help you get out of debt - and be FREE from creditors.
Our solutions are custom tailored to give you maximum protection from their creditors, and eliminate the stress that ongoing debt can cause.
With our proven custom tailored solutions you can be 100% Debt Free in only 5 years!
Our Consumer Credit Licence number is 575528
Our Data Protection Act Registration Number is Z9160976
Please use email for any enquiries about our data protection policies - help@spotdebt.co.uk.
SpotDebt works with only major finance companies in the United Kingdom and our goal is to provide the highest level of service for people seeking loans and other financial products.
Many ordinary people are refused loans from some of the high street banks such as Abbey National, Lloyds, Barclays, Northern Rock and Halifax and even other Internet based lenders such as Cahoot can ask for difficult lending criteria for some people. This is where SpotDebt can help, our lenders often have more lenient requirements and can offer loans at highly competitive rates - often beating rates from supermarkets banks such as Sainsbury and Tesco and other lenders including the Post Office. You own circumstances dictate the exact terms and conditions of your loan, however we work hard to match your financial position with the loan that is most affordable for you.
We use the information that you supply to find the most competitive rates and terms available, however we always ensure that any quotes are within your levels of affordability and match your individual requirements as closely as possible.
We look forward to helping you find financial products with excellent rates and terms, however should you have any questions, please don’t hesitate to contact us.
More information on SpotDebt.co.uk
SpotDebt.co.uk offers you the opportunity to get an any purpose loan from any one of our partners e.g. - We have over 200+ different loan plans. You can enquire about secured loans, homeowner leans, and more. The only requirement is that you be a UK homeowner. Even people with poor credit histories are eligible for a competitive rate. Keep in mind that Homeowner loans are an excellent alternative if you do not wish to sell your home or want to raise money. You can borrow a certain percentage of the equity that you have built up in your home. This equity can be released with our simple application process.
What is a secured loan?
A secured loan is a loan in which the borrower pledges property as collateral for the loan. The loan is thus secured against this collateral. In the event that the borrower defaults, the lender is relieved of most of the financial risk involved. Given the reduced risk the terms of the loan (interest rate and the repayment period) should be more favorable for the borrower. As the loan is secured, the lender is relieved of most of the financial risks involved; he may thus offer attractive terms for the borrower on interest rates and repayment period. Keep in mind that if you fall into hardship and are unable or unwilling to make the payments on your home you are at risk of losing your home sooner or later. This is why before you take out a secured loan it is critical that you have a plan to cover the loan payments.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
