Important disclosure

Evolution Money Personal Loans Overview

Evolution Money Personal Loans logo

Are you finally ditching a stationary lifestyle for a digital nomadic one? We bet you are. But right now, the only thing standing between you and your dream life might be money to spend. This is where Evolution Money can help you.

Start materializing your digital nomad dreams. Go get that RV with the help of an Evolution Money loan.

Worried if you’re qualified? Use our Evolution Money loan calculator to find out the best monthly estimate for you. Compare it with other lenders and find the best deal.

Terms from 1 to 10 years. Representative example: 5 year £10,000 loan with comparison rates from 2.8% to 49.9% APR would cost between £10,728 and £27,321, including fees. The interest can vary between £728 and £17,321.

Evolution Money summary

Evolution Money Limited is a credit broker in Manchester, UK. Their main service is offering specialised secured loans. Apart from that, they also offer credit cards, payday loans, unsecured loans, joint loans, long-term loans, and more.

You can apply for Evolution Money secured loans online and get a quote right away.

Evolution Money secured loan features

  • 24.34% APRC Representative Variable
  • 12-month to 20-year loan term
  • Available to those who are paying mortgage
  • Calculated on your property’s equity
  • Can let you borrow £5,000 to £100,000
  • Better for those with bad credit history
  • Application requires detailed Income and Expenditure Assessment
  • Maximum APRC for loans greater than £12,514.00 is 58.37%
  • Must be paid back by 70th birthday

Other key information

Are Evolution Money Secured Loans right for you? Secured loans might suit you if you have more than one property.

Since you can secure one property against a loan, you don’t need to be pressured about going through credit checks. However, you might want to think carefully about securing your home against a secured loan. It might get repossessed once you fail to continue paying within your term.

Additionally, before you consider consolidating this loan with other repayments, make sure you’ll be able to pay for a longer loan term. Your repayment fee is also likely to increase.

About Applying for the Loans

You’ll get approved for a loan if you:

  • Are 18 to 70 years old
  • Own a home
  • Live permanently in the UK
  • Have a budget for loan repayments
  • Have a good credit score

 

Evolution Money loan calculator

Loan Amount

£20,000

Term

3 months

Evolution Money

Evolution Money personal loans

EST Monthly Repayment
EST Monthly Repayment
19.56%
APR
EST Monthly Repayment
12 months
to 240 months
EST Monthly Repayment
£5,000
to £50,000
We provide specialised secured loans. However, we do it differently. Evolution Money are specialists in offering bespoke affordable secured loans to their customers.

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Minimum and maximum loan periods vary between 1 month and 10 years. APR varies between 2.80% and 71.30% p.a. Total interest repayments vary between £435 and £1,019 over the life of the loan. *APR is based on an unsecured loan of R£15,000 for a term of 3 years. WARNING: This APR is true only for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts might result in a different APR. These rates can change without further notice. All rates quoted are per annum.

Evolution Money Loan FAQs

How can I get Evolution Money secured loans?

First, go to their application page. Complete the application form, talk to their adviser, and you’ll get your quote right away.

How can I claim my loan funds once I’m approved?

You can get your funds through bank transfer. If you’re considering debt consolidation, we’ll send the funds to your creditor/s.

Do I need to pay a service fee for applying for a loan?

Applications and quotes are free of charge, but they require a product fee and lending fee once you get approved for a secured loan.

What are the risks of not being able to pay my loan?

You might lose your home if you fail to complete your repayments. To get help, make sure to contact their support team.

How does ARPC work?

Annual Percentage Rate of Charge (ARPC) is a summary of fees if ever you complete a full term of repayments. You can use ARPC to compare secured loans and mortgages.

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