What is a secured loan?

1 December 2008
A secured loan is a loan that is secured against something valuable - in most cases, a house or flat. This means there`s less risk for the lender, and that means secured loans tend to come with lower interest rates than unsecured loans. It also means lenders are likely to lend people greater amounts than they would if the loan wasn`t secured.... read more »

What is an unsecured loan?

13 January 2009
An unsecured loan is a loan that isn’t secured against something valuable (like a house or flat). So, from the lender’s perspective, it’s riskier than a secured loan. That means they’ll probably charge more interest than they would for a secured loan, and they’re more likely to restrict the maximum loan amount.... read more »

Secured loans `down 76% on last year`

15 June 2009
New figures have shown a significant fall in lending to consumers over the past year, as the credit crunch has continued to restrict the availability of loans.... read more »

Unsecured debt consolidation

20 July 2009
Keeping up with multiple debts isn`t easy. Even people with enough money to service their debts can find it`s difficult remembering.... read more »

Consumers turn to `in-store credit` as personal loans fall

20 July 2009
Consumers are increasingly turning to in-store credit deals as the overall value of personal loans from banks declines, according to the latest lending statistics from the Finance & Leasing Association (FLA).... read more »

Secured debt consolidation vs. unsecured

16 October 2009
For some people, a debt consolidation loan can be a highly effective way of making their debt more manageable and reducing their monthly outgoings.... read more »