Lender Comparison
Together Money vs Evolution Money
Together and Evolution both serve the adverse credit segment of the UK secured loan market but at different positions. Together accepts moderate adverse at larger loan sizes with broader property type appetite; Evolution specialises in heavy adverse at higher LTV with smaller loans.
At a glance
| Together Money | Evolution Money | |
|---|---|---|
| Min loan | £10,000 | £5,000 |
| Max loan | £500,000 (residential second charge) | £50,000 |
| Max term | 30 years | 20 years |
| Max LTV | 75% combined (most products) | 95% combined |
| Credit tier | Clean to moderate adverse including discharged bankruptcy | Adverse credit accepted |
| Rate structure | 2-year and 5-year fixed, then variable revert | Variable rate (12.90% currently) |
| Arrangement fee | £995–£1,995 arrangement fee, tiered | £0 arrangement fee |
| Completion | Typically 3–4 weeks | Typically 3–4 weeks |
| Property eligibility | Standard UK residential property. Non-standard construction and ex-local authority property considered. Combined LTV typically capped at 75%. | Standard UK residential property in the applicant's name. Combined LTV up to 95% — one of the highest LTV caps in the UK secured loan market. Adverse credit history accepted including recent CCJs, defaults, and active arrears. |
Which should you pick?
Pick Together for moderate adverse at larger loan sizes
Together's 5-year fix from 8.50% APR extends to £500,000 maximum loan size with broad property type appetite including ex-local authority and non-standard construction. Best for moderate adverse cases at typical loan sizes where Together's pricing is materially better than Evolution.
Read full Together Money profile →Pick Evolution for heavy adverse at higher LTV (up to 95%)
Evolution Money's Plan 8 at 12.90% variable APR extends to 95% combined LTV — the highest LTV on our panel. Maximum loan £50,000. Best when the borrower has significant adverse credit and limited equity, where Together's 75% LTV cap means they can't lend.
Read full Evolution Money profile →Pros and cons
Together Money
Pros
- • Long market tenure — established 1974, deep operational experience
- • Broad criteria — accepts cases other specialists decline
- • Strong on non-standard property and unusual circumstances
- • Accepts discharged bankruptcy from typically 12+ months post-discharge
Cons
- • Headline rates not the lowest — Together prices for risk on broader criteria
- • Combined LTV cap of 75% on most products — limited at higher LTVs
- • Arrangement fees can be higher than streamlined competitors
Evolution Money
Pros
- • Accepts borrowers declined elsewhere
- • No arrangement fee
- • Up to 95% combined LTV — highest on our panel
- • No early repayment charges — repay any time without penalty
Cons
- • Variable rate at 12.90% — significantly higher than mainstream products
- • Maximum loan £50,000 — not suitable for larger borrowing needs
- • Variable rate exposes borrowers to rate increases over the term
Frequently asked questions
What's the difference between Together and Evolution Money?
Together is a broad-appetite specialist for moderate adverse credit with rates from 8.50% APR and maximum loan £500,000 — broader property type acceptance. Evolution Money specialises in heavy adverse credit at higher LTV (up to 95%) with rates from 12.90% variable and maximum loan £50,000. Together wins on rate and loan size; Evolution wins on LTV reach and severe adverse appetite.
Is Together cheaper than Evolution Money?
Yes — substantially. Together's 8.50% APR is far below Evolution's 12.90% variable, reflecting the very different risk profiles each lender accepts. Evolution becomes the right choice specifically when the LTV exceeds 75% (Together's cap) or when the adverse credit is too heavy for Together to underwrite.
Should I pick Together or Evolution for an adverse credit secured loan?
Try Together first — if your case fits their 75% LTV cap and adverse credit profile is moderate, the rate savings vs Evolution are substantial. Move to Evolution if Together declines or if you need higher LTV (up to 95%) on a smaller loan where Evolution's heavy-adverse-high-LTV niche is the only fit.
Get quotes from both lenders
Our advisers quote Together Money and Evolution Money side by side against your specific criteria — loan size, LTV, property type, credit profile.