Fresh Start Finance scours the whole of the UK market for the best interest only remortgage bad credit deals. Our service is easy to use and we won’t charge you any hidden fees or commissions. No matter what your circumstances, we can find the right interest only remortgage deal for you – even if you have a bad credit history (for example CCJs, arrears, defaults or bankruptcy). Call us on 0800 389 6345 for more information and for an immediate decision. Unlike repayment remortgages with this type of deal you only pay off your interest each month. This means that by the end of the term you have not reduced the capital and will have to pay off the amount in full. The idea is to invest the cash that you would have spent repaying the capital each month in a suitable plan, such as an ISA. You can then use the money to pay off the sum at the end of the loan period.
As with any secured loan it’s important to make sure that you can afford your monthly repayments. Visit our calculator page to find out how much you can borrow without stretching your budget.
There is a higher risk associated with this type of deal because it depends on you investing the money and making enough returns to pay off the capital at the end of the term.
If you are a low earner, but expect to earn more in the near future, you may want to get an interest only remortgage and then switch to a repayment remortgage when you can afford it. For other repayment methods, visit our repayment remortgage, investment backed, or part and part pages.
Apply for a low APR interest only remortgage bad credit deal with Fresh Start Finance
Or phone now for an instant decision on 0800 389 6345. Our friendly, experienced team are waiting to take your call!
Remortgage types - Fresh Start Finance
Repayment Methods
Interest only remortgages
Interest only remortgage bad credit advice
Interest only remortgage bad credit information
Interest only remortgage bad credit quote
Interest only remortgage bad credit calculator
Interest only remortgages bad credit rates
Fill in the form and our expert advisors will call back :
Fresh Start Finance announce the launch of a new site to help customers obtain a secured loan, (...)
