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Paragon Personal Finance

Paragon Personal Finance provides secured loans that come with practical features that differentiate their products from other lenders. Their variable rate loan is available for amounts between £5,000 and £150,000. The interest on this type of loan may go up or down depending on market trends, thus altering the monthly repayment amounts.

Customers borrowing more than £10,000 over 10 years or more are automatically registered for Paragon’s Loyalty Reward Loan. With this scheme customers receive a rebate equal to 10% of the loan’s interest on completion of the term on condition that the borrower has never been in arrears.

Furthermore, borrowers taking out Paragon Personal Finance’s ‘Payment Protection Plan’ on loans with terms of 10 years or more can receive a full refund of their premium on completion of the loan term as long as they haven’t made a successful claim, settled their loan early of fallen into arrears.

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