Top secured loans compared

About Top secured loans compared

This secured loans ranking compares 468 brands offering property-backed or asset-backed borrowing in Spain and Mexico. It considers the cost of the loan, the breadth and suitability of the offer, and trust-related features such as credit checks, rate structure, funding speed and support. The main trade-off is access against cost. A service may accept weaker credit histories or offer larger secured amounts, but the APR, arrangement fee or repayment term can make it more expensive. Credit is security: property or another pledged asset may reduce lender risk, yet the borrower remains responsible if payments cannot be made. Rankings should therefore be read alongside eligibility, fees and the consequences of using collateral, rather than by headline borrowing amount alone.

How we picked

The ranking gives cost a weight of 35%, the offer a weight of 25%, and trust a weight of 40%. Cost assessment considers published rates, representative repayment examples and arrangement fees. Offer assessment considers borrowing limits, repayment terms, eligible credit histories, available loan purposes and whether the service supports secured borrowing. Trust assessment considers the provider model, credit-check approach, rate type, funding process and support channels. Published information comes from the brand and partner sources listed alongside each member, while wider market context comes from the ranking data. Partners are listed first and subsequent members follow the same category and score order. A secured loan can be arranged by a direct lender, broker or marketplace, so the provider model is considered alongside the headline product terms. Market context includes an APR median of 11.52%, a median secured borrowing amount of €2,000, and a median term of 60 months.

Our top picks

1. 1. Sofkredit

   Sofkredit earns its place in this ranking through a substantial secured-loan range of €12,000 to €300,000, a soft prequalification and support for debt consolidation, business and home-improvement borrowing. Its mortgage-guaranteed products require qualifying property, either free of charges or with a sufficiently repaid mortgage. APRs run from 10.74% to 18.06%, and terms from 6 to 240 months, but the collaborating lender charges an origination fee of 6% to 9%. Compared with Creduma ES, Sofkredit offers more size and term flexibility, while cost comparisons must include the lender fee. Solcredito MX ranks next with an origination fee of 0 MXN and fixed rates.

   • APR: 10.74% to 18.06%
   • Loan amount: €12,000 to €300,000
   • Term: 6 to 240 months

   Pros

   • Sofkredit's own service costs nothing, so the only charge to weigh is the lender's arrangement fee of 6% to 9%.
   • The loan range €12,000 to €300,000 and the term range 6 to 240 suit both renovation projects and debt consolidation.
   • Eligibility leans towards weaker files, with the credit needed listed as poor, and the credit check is soft prequal.
   • The range 0.5 to 20 lets a borrower fix the rate for a short stretch or a long one.
   • Same day funding is listed as same day funding once the notary signs.

   Cons

   • The arrangement fee of 6% to 9% is a large share of the loan, and the product fee on a small mortgage guaranteed loan runs €900 to €1,350.
   • Maximum loan to value is 30%, well below the 90% across listed lenders, so equity of your own is required.
   • Sofkredit is a broker, so the contract sits with the collaborating lender rather than the site you apply through.
   • Support runs on email, phone and help centre, with no chat or community channel listed.

2. 2. Ibancar Prestamos

   Ibancar Prestamos is included in this ranking as a direct lender focused on vehicle-backed borrowing. Applicants must own the pledged car, and the service accepts ASNEF-listed applicants, which differentiates it from brands requiring stronger credit histories. Loans range from €600 to €8,000, with a fixed rate, terms of 12 to 60 months and same-day funding. Compared with Finmercado's broad marketplace, Ibancar offers a narrower, more directly delivered car-loan proposition. Its amount is lower, but the direct-lender structure may be simpler. Prestalo ranks next with a larger amount, no opening fee and free early repayment.

   • APR: 12.74% to 13.01%
   • Loan amount: €600 to €8,000
   • Term: 12 to 60 months

   Pros

   • A direct lender, so Ibancar World SL carries the loan itself rather than passing the application on
   • 12.74% to 13.01% sits close to the 12% middle of the loans tracked here, so the rate is not an outlier
   • Pricing stays fixed for the whole term, which makes the monthly amount easier to plan around
   • Secured against a pledged car, and ASNEF-listed applicants are accepted on the eligibility criteria
   • Money can arrive Same day, up to 24 hours on a car loan

   Cons

   • Collateral is not optional, since the car you pledge is what stands behind the 12.74% to 13.01% rate
   • Borrowing stops at €600 to €8,000, well short of the €16,443.04 reached by other secured lenders
   • Terms are capped at 12 to 60, so a large balance has to clear quickly
   • Only applicants resident in Spain who own the pledged car qualify, which excludes borrowers elsewhere in Europe

3. 4. Youmoney ES

   Youmoney ES completes this ranking as a secured-loan option with amounts of €50 to €1,000, same-day funding and access for applicants with poor credit histories. It uses a hard credit check and offers personal and payday products as well as secured borrowing. Its variable rate can reach 0% to 349%, while published terms start very short and extend to 0.23 to 36 months. Compared with Prestalo, Youmoney ES may suit a weaker credit history and offers smaller loans, but has a variable cost structure and a hard check. Its high maximum APR makes the repayment terms especially important to assess.

   • APR: 0% to 349%
   • Loan amount: €50 to €1,000
   • Term: 0.23 to 36 months

   Pros

   • Fees of 0 EUR mean the origination charge adds nothing to the cost of taking out a loan
   • personal, payday and secured covers personal, payday and secured borrowing, so several shapes of loan can be shopped in the same place
   • Funding in 15 minutes to 24 hours, with same day funding listed among the service's features
   • A hard credit check fits thin file borrowers, since poor is the credit level the service is built around
   • Help is available through email, chat and help centre for questions before and after a loan is taken

   Cons

   • APR runs 0% to 349%, well above the 12% median across the site
   • Help runs through email, chat and help centre, and every channel in that list is written rather than spoken
   • The broker model means the price depends on which partner lender answers, and the rate type is variable
   • A hard credit check on hard applications records a search on your file, against the soft checks described by 20.4%

4. 5. Fiesta Credito MX

   Fiesta Credito MX is included in this ranking for its fixed-price secured offering, soft prequalification and same-day deposit directly into a bank account. Loans reach MXN 1,000 to MXN 150,000, with terms of 1 to 36 months and an origination fee of 0 MXN. The service accepts poor credit histories and also offers personal and payday products, making the collateral relationship important to clarify. Compared with Creditio, Fiesta Credito MX provides fixed-rate structure and direct-bank-deposit timing, while Creditio offers a much larger stated borrowing range. Finmercado ranks next as another marketplace with same-day funding and a larger maximum amount.

   • APR: 0% to 3.752%
   • Loan amount: MX$1,000 to MX$150,000
   • Term: 1 to 36 months

   Pros

   • The origination fee is 0 MXN and the percentage fee is 0%, so the cost of setting up a loan is nothing.
   • APR runs 0% to 3.752%, below the 12% across the site, which keeps the headline cost of a loan competitive.
   • The credit check is a soft prequal search, so checking your rate does not carry the same weight as a hard search.
   • Money lands in your account Deposited directly in your bank account in under 24 hours, with same day funding offered as a feature.
   • Support runs on email, phone and help centre, giving you a phone line, email and a help centre rather than a single route.

   Cons

   • Fiesta Credito MX is a broker, so a lender you never name is the one holding the loan and setting the final terms.
   • The term runs 1 to 36, far shorter than the 60 typical of secured lending, so a large balance is expensive to clear.
   • The credit needed is poor, and the bad credit market here runs a 19.98% APR against the 0% to 3.752% quoted here.
   • Support runs on email, phone and help centre with no live chat, where 29.7% shows chat is a normal route in this category.

5. 6. Creduma ES: best for top-pick

   Creduma ES sits at the top of this ranking because it combines secured and debt-consolidation lending with a soft prequalification and no advance commission. It offers mortgage-guaranteed loans of from €12,000 to eligible property owners, making the secured structure the defining part of the offer. The service states that an offer can arrive under a day and that funds reach the account after signing. Sofkredit ranks next with a wider amount range, but its collaborating lender charges an arrangement fee of 6% to 9%. Creduma ES therefore leads this ranking through clearer initial-fee treatment, while its longer stated post-signing funding path deserves attention.

   • Loan amount: from €12,000
   • Arrangement fee: 0 EUR upfront: no advance commissions and no initial payments, fees charged only if a real solution is obtained
   • Credit check: Soft prequal

   Pros

   • Free upfront handling through €0, with charges only where a solution is obtained
   • Soft prequalification through soft prequal limits early credit footprint during comparison
   • Access for poor credit profiles under poor where property equity supports the request
   • Loans of from €12,000 exceed the maximum listed by Ibancar Prestamos at €600 to €8,000
   • Direct email and phone contact through email and phone for guided secured applications

   Cons

   • Broker handling under broker adds an intermediary step compared with borrowing directly from Fidea
   • Support runs on email and phone only, which limits choice for borrowers who prefer live chat help
   • Loan scope stays within secured and debt consolidation, so unsecured borrowing is outside the model

6. 7. Finmercado

   Finmercado features in this ranking because it is a marketplace with secured, personal, business, debt-consolidation, student and payday options. Its published secured-loan amount reaches MXN 500 to MXN 200,000, it uses a soft prequalification, and qualifying partner lenders can provide same-day funding. The marketplace charges an origination fee of 0 MXN, but its stated informative CAT is from 677.47%, making the cost of borrowing particularly important to review. Compared with Fiesta Credito MX, Finmercado supports more loan purposes and offers broader support channels, but its high cost profile makes the headline amount less useful on its own.

   • APR: from 677.47%
   • Loan amount: MX$500 to MX$200,000
   • Term: 2 to 12 months

   Pros

   • No fee for taking out a personal loan, since the origination fee is 0 MXN
   • same day funding is offered and the deposit goes straight to your bank account
   • The online application takes a few minutes, and partner lenders answer in minutes
   • poor credit is accepted, and checks are a soft prequal rather than a full application
   • Loans of MXN 500 to MXN 200,000 cover a wide spread, and personal, payday and secured are all available through partners

   Cons

   • Fees are not the problem, interest is: from 677.47% is an informative rate and the representative example shows a total repayable well above the amount borrowed
   • Terms run 2 to 12, so a larger balance has to be cleared quickly
   • Support runs on email, chat and help centre only, with no phone line
   • Checks are a soft prequal and poor credit is accepted, so the route is aimed at thin files rather than strong ones

7. 8. Creditilia

   Creditilia appears in this ranking as a marketplace offering secured loans of MXN 1,000 to MXN 150,000 with same-day funding and an origination fee of 0 MXN. It accepts poor credit histories, which may suit borrowers rejected by providers with stricter credit requirements, although the hard credit-check process is a clear trade-off. Its APR ranges up to 0% to 36%, and published terms of 2 to 3 months are shorter than many secured products here. Compared with Solcredito MX, Creditilia offers a lower starting amount and supports a marketplace model, but uses a hard check. Fiesta Credito MX ranks next with a soft prequalification and broader published funding amount.

   • APR: 0% to 36%
   • Loan amount: MX$1,000 to MX$150,000
   • Term: 2 to 3 months

   Pros

   • The origination fee is 0 MXN and 0%, so nothing is added on top of the quoted rate at the point of arrangement.
   • Rates run 0% to 36%, and the representative example shown costs nothing extra, which keeps the total repayable close to the amount borrowed.
   • Answer in under 24 hours; some offers in minutes covers the answer, so a decision does not depend on waiting a full working week.
   • A marketplace, so the rate on offer is set by the lenders it works with rather than a single list.
   • poor means the product is built for borrowers whose credit history is thin, a group many direct lenders skip.

   Cons

   • A hard credit check on hard means an application leaves a mark that a declined application cannot erase.
   • Terms are 2 to 3, which is short enough that the balance is cleared quickly but leaves little room to stretch a larger amount.
   • The representative example is drawn from the smallest end of MXN 1,000 to MXN 150,000 over 2 to 3, so the headline cost picture describes the smallest loans on the book rather than a typical one.
   • Home improvement is the only use listed on home improvement, so a borrower covering a bill or clearing a balance sits outside the stated purpose.

8. 9. Prestalo

   Prestalo is in this ranking for its broad range of secured, personal, debt-consolidation, car and payday borrowing. It offers amounts of €500 to €100,000, fixed-rate pricing, an origination fee of 0 EUR and free early repayment. Funding is normally transferred within a short stated window after approval, while support runs through several channels. Unlike the car-specific proposition at Ibancar Prestamos, Prestalo can serve broader purposes, but it requires good credit and uses a hard check. That stricter profile places it below Ibancar for applicants with thin files, despite its larger amount and flexible early repayment.

   • APR: 4.1% to 30%
   • Loan amount: €500 to €100,000
   • Term: 1 to 120 months

   Pros

   • Personal loan APR runs 4.1% to 30% with arrangement fee 0 EUR, so the headline cost is the interest and nothing else.
   • Free early repayment means clearing the balance early costs nothing, which suits anyone whose income may rise.
   • Rate type is fixed and the model is fixed rate, so the monthly payment does not move when base rates shift.
   • Loan amount €500 to €100,000 and term 1 to 120 cover small bridging sums and long borrowing alike.
   • Support runs on email, chat and phone, so help is available by phone, chat and email as well as a help centre.

   Cons

   • Credit check is hard and the credit needed is good, which rules out anyone with a thin or damaged credit file.
   • Lender kind is broker, so the lender you end up with is chosen by a third party rather than by you.
   • APR of 4.1% to 30% spans from below the personal loan median of 12% to well above it, so the rate you are offered depends heavily on your file.
   • Support runs on email, chat and phone only, so anyone who prefers to deal with a branch in person has no option here.

9. 10. Solcredito MX

   Solcredito MX is prominent in this ranking because it combines secured lending with fixed-rate pricing, an origination fee of 0 MXN and same-day funding. Secured amounts reach up to MXN 100,000, terms run from 3 to 48, and the service supports borrowers with poor credit histories. The fixed-rate structure is easier to budget around than a variable-rate personal loan. Compared with Sofkredit, Solcredito MX avoids a published arrangement fee and states a much broader consumer eligibility profile, but its APR can reach 9.5% to 3,696%. Creditilia ranks next and also shows an origination fee of 0 MXN, yet it uses a hard credit check.

   • APR: 9.5% to 3,696%
   • Loan amount: up to MX$100,000
   • Term: 3 to 48 months

   Pros

   • Origination fee of 0 MXN, so the cost is the interest and the amount you repay rather than a fee sitting on top.
   • Poor credit is enough: poor is the stated requirement, and 70.1% shows most brands in the bad credit ranking ask the same.
   • Quick payout on an accepted application, with funding Within 24 hours and same-day funding listed as a feature, same day funding.
   • Repayments are set on a fixed basis, fixed and fixed rate, so the monthly figure holds steady as the balance falls.
   • A range of lines rather than a single product, personal, car and secured, with home improvement among the uses.

   Cons

   • The rate band is the weak point: 9.5% to 3,696% stretches far wider than the 10% to 23% at Monzo Flex or the PHP 12 to PHP 36 at Cashspace.
   • Support runs on email and help centre only, while phone is the most common channel in the personal loan ranking, 85.3%.
   • It is a broker, broker, so the rate and the contract come from whichever lender takes the application, and direct lenders lead the personal loan ranking at 76.3%.
   • The ceiling is up to MXN 100,000, which places it at 153 of 685 brands for loan amount, so larger sums need another provider.

What to look for

Compare the full borrowing cost

Check the APR and a representative repayment example, then look for any separate arrangement fee. The category APR median is 11.52%, while the lower and upper quartiles are 6.5% and 18.06%. A published no-fee example may apply only to a particular offer.

Check the collateral requirement

Secured borrowing usually depends on a mortgage property, a vehicle or another pledged asset. Confirm the exact eligibility rule and whether the collateral must be owned outright, have enough remaining equity or meet a repayment condition before applying.

Assess the credit check

Hard credit checks and soft prequalification checks do not work the same way. Among secured-loan ranking data, hard checks account for 65.1%, soft-prequalification checks for 23.5%, and no-check cases for 11.3%.

Match the amount and term

Compare the amount with the useful purpose and check how long the payments will run. The ranking amount median is €2,000, the amount quartiles are €500 and €16,443.04, and the term median is 60 months.

Understand the rate model

A fixed rate can make budgeting clearer, while a variable rate can change over the repayment period. In this category, fixed-rate products represent 100%, fixed-rate products have a feature weight of 73.4%, and variable-rate products have a feature weight of 26.6%.

Check speed and support

Same-day funding matters if the money is needed quickly, but an instant decision does not guarantee that funds have reached the account. Same-day funding carries a ranking weight of 66.7%. Check the stated timing and compare the available phone, email, chat and help-centre support.

Frequently asked questions

Top secured loans compared by country

• Australia
• Canada
• China
• Colombia
• Germany
• Italy
• Japan
• Mexico
• Poland
• Portugal
• South Africa
• Spain
• Sweden
• United Kingdom
• United States

The data behind this ranking

All data and the CSV