What is a Secured Loan?

When unable to get an approval on an Unsecured Loan Customer First Financing may request that a customer pledge collateral (security). This could be any approved asset owned by the applicant that is of close value to the amount being borrowed. Customer First Financing’s Secured Loans are amortized between 24 – 180 months. Amounts range from $500 – 25,000 with rates ranging between 19.9% - 44.9%. The length of the term and amount of the loan will depend on our assessment of your credit profile and value of your asset. Secured loans may be subject to additional fees. Contact our office directly for further information.