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Secured loans

Looking for a secured loan? Check your eligibility in 60 seconds, without impacting your credit score

  • Borrow £10,000 to £100,000
  • We compare 100s of secured loans
  • We'll find you the best deal
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We have helped people with rates from 4.3% APRC to 26.6% APRC.

Getting a quote won't affect your credit score

Get a secured loan with Ocean

We’ve helped hundreds of thousands of people find the best secured loan for them over the last 25 years, and we could do the same for you. Whether you have bad credit or good credit, we can help you get a secured loan to suit your circumstances. Click ‘Check now’ to find out what your monthly payments will be and see if you’re likely to be accepted before you apply – all without affecting your credit score! Our secured loan calculator will help you work this out and display the secured loan rates for repayments.

What is a secured loan?

Also known as a homeowner loan, secured loans are secured against your property, so they’re only available to people who own their own home. Secured loans from Ocean range from £10,000 to £100,000. The amount you can borrow with secured loans, for how long and the interest rate you’re offered will depend on the amount of equity you have in your home, as well as your personal circumstances.

Can I get a secured loan if I have bad credit?

Yes, a secured loan could be an option for you if you’ve got a poor credit history. A secured loan with bad credit may be easier to obtain than other types of borrowing if your credit score isn’t perfect. That’s because the lender has the extra security of the loan being secured against your home. Use our secured loan calculator to enter the secured loan rate and see what the potential monthly payments will be to make sure you can meet the repayments. Keeping up with your repayments could also help you to improve your credit score over time.

Click the button below to see if you’ll be accepted for a secured loan before you apply today.

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Don't take our word for it

Feefo logo

Feefo reviews are gathered anonymously from genuine customers. Take a look at some of the comments from people Ocean has helped.

I haven’t received my card yet
I’ll recieve my credit card this week
a informação foi muito boa e a aquisição do cartão foi em tempo record
They were quick with my reply for a credit card. Pin came couple days after n card few days after that service excellent.
Recommended , a swift and trouble free process

Common questions

Is a secured loan the same as a mortgage?

A mortgage is a type of secured loan, they’re only available to homeowners - you can only get a secured loan if you own your own property.

If you’re not a homeowner, you may be eligible for a personal loan.

How does a secured loan work?

Like all loans, once you have the money, you simply repay your lender in fixed monthly repayments. With a secured loan, your home is used as security against any missed payments. So, if you find you can’t repay the loan, your home could be sold to make up for it. That’s why you should only ever take out a secured loan if you’re confident you’ll be able to pay it back every month.

Will a secured loan damage my credit score?

No, if you make your repayments on time each month, it could actually help to improve your credit history over time.

That’s because borrowing money and paying it back on time reflects well on your credit history.

What can a secured loan be used for?

A loan from Ocean can be used for almost any purpose – whether it’s for some home improvements, to buy a new car, to consolidate your debts or to help pay school or university fees for your children.

Why choose Ocean?

We’ve helped hundreds of thousands of people find the right secured loan, and we can do the same for you.

  • We look at every application on a case-by-case basis – even if you have bad credit, we’ll do our best to find you a loan
  • Over 20 years' experience
  • There are no up-front fees

Other types of loan we offer