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Are you looking for a secured loan?
We could have the solution with our unique range of secured loans.Find out more
For Consumers
Evolution Lending provide consumer loans in England, Wales, Scotland & Northern Ireland. Loans are secured against a residential property.Learn More
For Introducers
As business referrer you could help your clients get the loan they need and benefit from additional revenue.Learn More
Evolution Lending - Looking to the Future
The economic down turn of the UK’s financial market saw the withdrawal of several lenders within the non-standard lending sector. The lenders that remained became very risk adverse which resulted in a change to lending criteria. The impact of these conditions was that the availability of finance to certain demographics of consumers became increasingly restricted.
Evolution Lending recognised this – so in 2011 we launched a loan product that focused on serving financially stressed consumers. As our business has grown our loan product has evolved to offer a more diverse range of non-standard lending options to the marketplace.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP THE REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING, YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
Annual Interest Rates ranging from 11.7% to 46.5% variable.
28.96% APRC Representative Variable : Typical Example: Loan Amount : £20950.00. Loan Term : 85 Months. Interest Rate : 23.00% PA (Variable). Monthly Repayments: £537.44. Total Repayment: £45,682.15– This example includes a Product fee of £2,095.00 (10% of the loan) and a Lending fee of £714.00.
*Loan must be paid back by 70th birthday
Maximum APRC: 50.00%
Legals
Evolution Lending Limited, 9 Portland Street, Manchester M1 3BE.
Evolution Lending Limited is a company registered in England & Wales, registration number 06113307 and registered at 9 Portland Street, Manchester, M1 3BE. Authorised and regulated by the Financial Conduct Authority, firm reference number 709488.
Accreditations
The FLA is the leading trade body for the motor finance, asset finance and consumer credit industries in the UK.