Friday 20 April 2007

Secured Loans

Secured loans, like mortgages, are loans secured on a property.

Secured loans are available for any purpose, including: debt consolidation, home improvements, cars, and weddings.

Secured loans tend to have a lower rate of interest than unsecured loans however your home may be at risk if you do not keep up repayments on a loan secured on it. As a result, it is always worth considering a payment protection plan which will cover your loan repayments should you find yourself unable to pay for whatever reason.

The Home Loan Shop

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