FirstPlus Homeowner Loans

You probably know the name First Plus already due to their extensive TV and press advertising featuring the well known personality Carol Vorderman.

Although Ms Vorderman has received some criticism for appearing in the ads, it doesn't take a mathematical genius to see that if you're already repaying debts at high rates like those charged by credit cards, then consolidating your debt with a 8.2% typical APR First Plus Homeowner Loan could hugely reduce your monthly repayments.

Of course, as with any long term consolidation loan, you might well have to pay more interest overall, as you're spreading the same debt over a longer repayment period.

FirstPlus Financial have been providing secured homeowner loans since April 1997, and believe in lending to a person not a property - which is why they can even lend you up to 25% more than your home is worth, less any outstanding mortgage of course.

First Plus charge no arrangement fees, and can pay out your loan within 3 working days.

First Plus Secured Loans : At a glance

Product / Lender:	First Plus
Typical APR:	8.2%
Minimum Loan Size:	£5,000
Maximum Loan Amount:	£100,000
Minimum Term:	5 years
Maximum Term:	25 years
Comments:	Well known from TV adverts featuring Carol Vorderman