Affordable monthly installments with our secured loans

When an unexpected emergency occurs, a secured loan may be the best answer to receive needed funds. Having bad credit can make the loan process stressful, especially in times of strife, but with a personal secured loan, the process does not rely solely on credit history. With secured loans, available collateral is also considered when making lending decisions and loan offers. In some cases, a borrower who may have otherwise been denied lending may be able to qualify for a secured loan and qualified borrowers may be eligible to receive additional funding.

Why They’re Reliable

Traditional installment loans are a preferred borrowing method because they are dependable. A borrower receives the full loan amount from their lender, and the loan is paid back with interest in a series of fixed installments. Interests rates vary and depend on the financial history and debt-to-income ratio of the applicant. Loan size and repayment terms also vary and can range from a few months to over 30 years. Secured loans from Western Shamrock are repaid over 5 or more installments.

How Secured Loans from Western Shamrock Work

Western Shamrock examines more than just your credit history. Your debt-to-income ratio and other financial obligations are considered along with your credit history and availability of collateral to offer the best lending decision for your situation. To start your secured loan application, you’ll need your:

  • Name
  • Phone Number
  • Address
  • Date of Birth
  • Employment History
  • References
  • Loan Amount Requested

If completed online, your application will be sent to the nearest local branch and a Western Shamrock representative will contact you to ask further questions. The representative will collect personal information to run your credit history to better understand your financial standing. You can expect a loan offer by phone, if approved. Our lending decisions are based on your overall financial standing, debt-to-income ratio, credit history and collateral, making secured loans a favorable option for larger loans or if you have bad credit.

Apply for a Secured Loan

Once you receive your secured loan offer, you can come into your nearest branch to sign the loan documents and receive your check. Multiple branches throughout the nation make it possible to have a face-to-face relationship with Western Shamrock representatives. Because we strive to maintain a personal relationship with our customers, we accept in-person payments in the form of debit card, cash, or check.

A personal secured loan from Western Shamrock can help to alleviate financial stress. Contact Western Shamrock today to find out more about our loan process or get started on your application!