If you are currently looking to remortgage your home or take out a secured loan, even if you have poor credit problems, then there are a couple of options available. You can go to the individual lenders yourself or use a specialist broker.

Why then should you use a broker? If you use a broker there are many benefits to going to the high street lenders yourself.

  • If you use a broker then they can go to other lenders if you get refused from one without you having to go through the application process again.
  • The broker may also have details on the latest special offers available, sourced from around the market. These deals are sometimes not available directly from the lender
  • If you have credit problems the broker will know the lenders that specialise in this type of loan / remortgage. An individual may not know the best people to contact.