What is an Secured  Loan   secured loan - definition of secured loan - A loan which is backed by assets belonging to the borrower in order to decrease the risk assumed by the lender.   Compare loans by using the following table to view loan deals from UK Loan Providers Loan Typical Apr Sample £7000 Loan   Low Apr Unsecured Loans (what is an unsecured loan) Money Back Loan 5.7% Apr £162.49 x 48 Months Check it Out Alliance & Leicester Loan 5.9% Apr £163.70 x 48 Months Check it Out Norwich Union Loan 7.9% Apr £172.00 x 48 Months Check it Out Easy Loans 7.9% Apr £140.83 x 60 Months Check it Out Co-operative Bank 6.1% Apr   Check it Out Halifax Loan 6.4% Apr £137.62 x 60 Months Check it Out Freedom Finance 8.4% Apr   Check it Out Polar Loans 7.7% Apr 149.45 x 60 months Check it Out Virgin Loan 6.9% Apr   Check it Out Secured Loans (what is a Secured Loan?) A secured loan is a loan that required the borrower, to provide the lender with some security, in a secured loan this is normally the property of the borrower. There are advantages, higher loan values and longer loan terms are available. Chase Saunders     Check it Out Accepted     Check it Out Promise Finance     Check it Out Halifax Secured     Check it Out